Median Earnings (1yr)
$47,610
92nd percentile
60th percentile in Indiana
Median Debt
$27,000
4% above national median

Analysis

Franklin College's education program graduates earn nearly $48,000 in their first year—outpacing 92% of similar programs nationally and beating the national median by almost $6,000. That's substantial for a teaching degree. The $27,000 debt load sits well below the national median, creating a debt-to-earnings ratio of just 0.57, meaning graduates could theoretically pay off their loans in about seven months of gross earnings. For a profession often associated with financial strain, these numbers look surprisingly strong.

The Indiana context tells a more nuanced story. While Franklin ranks in the 60th percentile among the state's 40 education programs, it trails top performers like Butler ($50,707) and several IU campuses by a few thousand dollars. Still, it beats the Indiana median of $43,243, and the relatively modest debt keeps the financial picture reasonable. The bigger caveat is the small sample size—with fewer than 30 graduates in this cohort, a few high or low earners can skew the data significantly.

For parents weighing this program, the fundamentals are solid: graduates enter teaching with manageable debt and above-average starting salaries. Franklin isn't the state's highest earner for education majors, but it delivers better outcomes than most programs nationwide while keeping borrowing in check. Just recognize that with limited data, individual results may vary more than these medians suggest.

Where Franklin College Stands

Earnings vs. debt across all teacher education and professional development, specific levels and methods bachelors's programs nationally

Earnings Distribution

How Franklin College graduates compare to all programs nationally

Compare to Similar Programs in Indiana

Teacher Education and Professional Development, Specific Levels and Methods bachelors's programs at peer institutions in Indiana (40 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Franklin CollegeFranklin$37,350$47,610$27,0000.57
Butler UniversityIndianapolis$45,980$50,707$45,302$27,0000.53
Indiana University-NorthwestGary$8,179$48,497$43,671$31,0000.64
Indiana University-BloomingtonBloomington$11,790$46,765$44,741$23,7410.51
Indiana University-IndianapolisIndianapolis$10,449$46,744$43,547$23,0000.49
Purdue University-Main CampusWest Lafayette$9,992$45,459$43,083$18,6460.41
National Median$41,809$26,0000.62

Career Paths

Occupations commonly associated with teacher education and professional development, specific levels and methods graduates

Education Teachers, Postsecondary

Teach courses pertaining to education, such as counseling, curriculum, guidance, instruction, teacher education, and teaching English as a second language. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Training and Development Specialists

Design or conduct work-related training and development programs to improve individual skills or organizational performance. May analyze organizational training needs or evaluate training effectiveness.

$65,850/yrJobs growth:Bachelor's degree

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Middle School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the middle, intermediate, or junior high school level.

$62,970/yrJobs growth:Bachelor's degree

Kindergarten Teachers, Except Special Education

Teach academic and social skills to kindergarten students.

$62,310/yrJobs growth:Bachelor's degree

Elementary School Teachers, Except Special Education

Teach academic and social skills to students at the elementary school level.

$62,310/yrJobs growth:Bachelor's degree

Adult Basic Education, Adult Secondary Education, and English as a Second Language Instructors

Teach or instruct out-of-school youths and adults in basic education, literacy, or English as a Second Language classes, or in classes for earning a high school equivalency credential.

$59,950/yrJobs growth:Bachelor's degree

Preschool Teachers, Except Special Education

Instruct preschool-aged students, following curricula or lesson plans, in activities designed to promote social, physical, and intellectual growth.

$37,120/yrJobs growth:Associate's degree

Postsecondary Teachers, All Other

All postsecondary teachers not listed separately.

Self-Enrichment Teachers

Teach or instruct individuals or groups for the primary purpose of self-enrichment or recreation, rather than for an occupational objective, educational attainment, competition, or fitness.

Teachers and Instructors, All Other

All teachers and instructors not listed separately.

Teaching Assistants, Preschool, Elementary, Middle, and Secondary School, Except Special Education

Assist a preschool, elementary, middle, or secondary school teacher with instructional duties. Serve in a position for which a teacher has primary responsibility for the design and implementation of educational programs and services.

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Franklin College, approximately 39% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 22 graduates with reported earnings and 21 graduates with debt data. Small samples may not be representative.