Analysis
Franklin University's psychology graduates see something many bachelor's programs in this field don't deliver: meaningful earnings growth. Starting at $39,387, graduates reach $47,272 within four years—a 20% jump that outpaces the typical psychology graduate trajectory. While the sample size is small (under 30 graduates, so individual circumstances matter more), these numbers place the program in the 72nd percentile nationally and 60th percentile in Ohio, essentially matching the state median for psychology programs.
The debt picture is notably better than average. At $35,500, graduates carry about $4,000 more than Ohio's median but significantly less than the national median of $27,000 would suggest when adjusted for this program's stronger earnings. That 0.90 debt-to-earnings ratio means graduates owe roughly 11 months of their first-year salary—manageable for a bachelor's degree, especially given the earnings growth trajectory.
For parents weighing this program, the key consideration is that small sample: these numbers could shift with future cohorts. But if they hold, you're looking at a psychology program that delivers above-average earnings at below-average relative debt. For students planning to enter the workforce immediately rather than pursue graduate school, that combination makes Franklin competitive within Ohio's psychology landscape.
Where Franklin University Stands
Earnings vs. debt across all clinical, counseling and applied psychology bachelors's programs nationally
Earnings Distribution
How Franklin University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Franklin University | $39,387 | $47,272 | +20% |
| Embry-Riddle Aeronautical University-Daytona Beach | $41,456 | $71,212 | +72% |
| Embry-Riddle Aeronautical University-Prescott | $41,456 | $71,212 | +72% |
| Boston College | $42,384 | $58,439 | +38% |
| Pace University | $40,671 | $57,765 | +42% |
Compare to Similar Programs in Ohio
Clinical, Counseling and Applied Psychology bachelors's programs at peer institutions in Ohio (8 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $9,577 | $39,387 | $47,272 | $35,500 | 0.90 | |
| $32,400 | $38,989 | — | $27,000 | 0.69 | |
| National Median | — | $34,506 | — | $27,000 | 0.78 |
Career Paths
Occupations commonly associated with clinical, counseling and applied psychology graduates
Human Resources Managers
Training and Development Managers
Management Analysts
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
School Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Human Resources Specialists
Training and Development Specialists
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.
Sample Size: Based on 28 graduates with reported earnings and 49 graduates with debt data. Small samples may not be representative.