Analysis
Business degrees at comparable institutions nationally suggest first-year earnings around $50,740, with typical debt loads near $26,500—a manageable 0.52 debt-to-earnings ratio that aligns with standard lending guidelines. However, the Ohio context tells a dramatically different story. The state median for business bachelor's programs sits at just $28,916, nearly $22,000 below the national figure Franklin's estimates draw from. That gap should concern any parent looking at this program.
The uncertainty here cuts both ways. Franklin serves a substantial population of Pell recipients (33%), often non-traditional students who may already have work experience or professional networks in Columbus. If the program delivers outcomes closer to the national pattern—perhaps through strong employer connections in Ohio's capital—the debt load becomes quite reasonable. But if graduates' earnings track closer to the state median, that same $26,500 in debt becomes a heavier burden, taking years longer to manage on a sub-$30,000 salary.
Without actual outcome data for Franklin's business program, you're essentially betting on which pattern will apply. Visit the career services office and ask specific questions: Where do graduates actually work? What starting salaries do local employers offer? Can they connect you with recent alumni? The answers to those questions matter more than any estimate.
Where Franklin University Stands
Earnings vs. debt across all business, management, marketing, bachelors's programs nationally
Compare to Similar Programs in Ohio
Business, Management, Marketing, bachelors's programs at peer institutions in Ohio (11 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,577 | $50,740* | — | $26,500* | — | |
| $14,776 | $31,290* | $49,391 | $35,674* | 1.14 | |
| $32,606 | $26,541* | — | $30,000* | 1.13 | |
| National Median | — | $50,740* | — | $26,000* | 0.51 |
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 University, approximately 33% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 31 similar programs. Actual outcomes may vary.