Median Earnings (1yr)
$49,725
95th percentile
60th percentile in Indiana
Est. Median Debt
$27,000
Est. from IN median (5 programs)

Analysis

Franklin College's teaching program stands out nationally—first-year earnings of $49,725 rank in the 95th percentile compared to similar programs across the country. That's roughly $6,600 above the national median and even exceeds what graduates from larger Indiana institutions like University of Indianapolis typically earn. While the debt figure of $27,000 is an estimate based on other programs at Franklin (teacher education cohorts here are too small for the DOE to report publicly), it aligns closely with both state and national norms for this field, suggesting the school's aid packages are competitive.

The debt-to-earnings ratio of 0.54 means graduates would owe about half their first-year salary—manageable for a teaching career where salaries grow predictably with experience and advanced degrees. Indiana's teacher pay has improved in recent years, and starting near $50,000 positions graduates well above many of their in-state peers. The one caveat: Franklin's 60th percentile ranking within Indiana suggests some variation in outcomes among the state's 33 programs, though the school still outperforms the state median by more than $3,600.

For parents, this looks like a solid path into teaching with above-average starting earnings and debt that shouldn't dominate your child's budget. The combination of strong national performance and reasonable estimated debt makes this program worth serious consideration, though confirming actual aid packages during the application process remains essential.

Where Franklin College Stands

Earnings vs. debt across all teacher education and professional development, specific subject areas 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 Subject Areas bachelors's programs at peer institutions in Indiana (33 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median Debt*Debt/Earnings
Franklin CollegeFranklin$37,350$49,725$27,000*
University of IndianapolisIndianapolis$36,136$47,783$45,310$27,000*0.57
Indiana University-IndianapolisIndianapolis$10,449$47,755$46,384$26,000*0.54
Bethel UniversityMishawaka$33,320$47,387$42,276*
Valparaiso UniversityValparaiso$46,588$46,750$27,000*0.58
Anderson UniversityAnderson$35,640$46,637$41,383$29,137*0.62
National Median$43,082$26,221*0.61
* Estimated from similar programs

Career Paths

Occupations commonly associated with teacher education and professional development, specific subject areas graduates

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Computer Science Teachers, Postsecondary

Teach courses in computer science. May specialize in a field of computer science, such as the design and function of computers or operations and research analysis. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Mathematical Science Teachers, Postsecondary

Teach courses pertaining to mathematical concepts, statistics, and actuarial science and to the application of original and standardized mathematical techniques in solving specific problems and situations. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Agricultural Sciences Teachers, Postsecondary

Teach courses in the agricultural sciences. Includes teachers of agronomy, dairy sciences, fisheries management, horticultural sciences, poultry sciences, range management, and agricultural soil conservation. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Biological Science Teachers, Postsecondary

Teach courses in biological sciences. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Forestry and Conservation Science Teachers, Postsecondary

Teach courses in forestry and conservation science. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Atmospheric, Earth, Marine, and Space Sciences Teachers, Postsecondary

Teach courses in the physical sciences, except chemistry and physics. Includes both teachers primarily engaged in teaching, and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Chemistry Teachers, Postsecondary

Teach courses pertaining to the chemical and physical properties and compositional changes of substances. Work may include providing instruction in the methods of qualitative and quantitative chemical analysis. Includes both teachers primarily engaged in teaching, and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Environmental Science Teachers, Postsecondary

Teach courses in environmental science. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Physics Teachers, Postsecondary

Teach courses pertaining to the laws of matter and energy. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Geography Teachers, Postsecondary

Teach courses in geography. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
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 16 graduates with reported earnings and 14 graduates with debt data. Small samples may not be representative.