Analysis
Comparable economics programs in Ohio suggest Franklin University graduates earn around $51,500 in their first year, tracking almost exactly with the state median. That's reasonable for a bachelor's degree, though it falls well short of what nearby institutions like John Carroll ($65,000) and Oberlin ($62,000) report their graduates earning. The estimated $25,000 in debt sits slightly above typical borrowing levels for Ohio economics programs, creating a debt-to-earnings ratio of 0.49—not concerning, but not particularly advantageous either.
What makes this harder to assess is that both figures are estimates drawn from peer programs rather than Franklin's actual graduate outcomes. With a third of students receiving Pell grants, Franklin likely serves a different population than some of those higher-earning comparison schools, which could mean different career trajectories that aren't captured in these estimates. The numbers suggest a manageable debt load relative to earning potential, but without knowing whether Franklin's specific graduates actually achieve these outcomes, you're making assumptions based on what happens at similar programs.
If your child is committed to economics and values Franklin's format or accessibility, the estimated debt burden won't be crushing. But given the uncertainty and the gap between these projections and what Ohio's top programs demonstrably deliver, you'd want strong reasons beyond the numbers—convenience, cost savings, or program fit—to choose Franklin over schools with proven track records.
Where Franklin University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Ohio
Economics bachelors's programs at peer institutions in Ohio (42 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,577 | $51,537* | — | $25,000* | — | |
| $49,100 | $65,098* | $67,845 | $27,000* | 0.41 | |
| $64,646 | $61,713* | $64,495 | $25,000* | 0.41 | |
| $13,570 | $58,590* | $70,663 | $21,264* | 0.36 | |
| $69,330 | $58,082* | $75,347 | $18,718* | 0.32 | |
| $17,809 | $57,379* | $80,452 | $25,500* | 0.44 | |
| National Median | — | $51,722* | — | $22,816* | 0.44 |
Career Paths
Occupations commonly associated with economics graduates
Economists
Environmental Economists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Statisticians
Biostatisticians
Economics Teachers, Postsecondary
Market Research Analysts and Marketing Specialists
Search Marketing Strategists
Secondary School Teachers, Except Special and Career/Technical Education
Survey Researchers
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 median of 18 similar programs in OH. Actual outcomes may vary.