Analysis
For a family considering a bachelor's in Human Development and Family Studies at Franklin, the debt burden looks manageable but the earnings picture requires realistic expectations. Similar programs across Ohio suggest first-year earnings around $36,800, which tracks closely with the national median for this field. Combined with an estimated debt load of $26,000, that produces a debt-to-earnings ratio of 0.71—meaning graduates would owe roughly seven months of their first year's salary, which falls within a reasonable range for college debt.
The challenge lies in the earning potential itself rather than the debt structure. While Franklin's program appears to perform at the state median, even the top-performing Ohio University campuses in this field report graduates earning just under $39,000—only about $2,200 more annually. This consistency across institutions suggests the degree opens doors to careers with relatively compressed salary ranges, at least in the early years. For context, these earnings sit just above the national median for this major, so Ohio graduates aren't at a geographic disadvantage.
Parents should understand that this degree typically leads to rewarding but modestly-paying work in social services, education support, or family advocacy. The debt won't be crushing, but neither will the paycheck provide substantial financial cushion early on. If your student is passionate about supporting families and communities, this program offers a viable path—just ensure they're entering it with clear eyes about the financial trajectory ahead.
Where Franklin University Stands
Earnings vs. debt across all human development, family studies, bachelors's programs nationally
Compare to Similar Programs in Ohio
Human Development, Family Studies, bachelors's programs at peer institutions in Ohio (21 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,577 | $36,792* | — | $26,000* | — | |
| $6,178 | $38,973* | $40,855 | $27,000* | 0.69 | |
| $6,178 | $38,973* | $40,855 | $27,000* | 0.69 | |
| $6,178 | $38,973* | $40,855 | $27,000* | 0.69 | |
| $6,178 | $38,973* | $40,855 | $27,000* | 0.69 | |
| $13,746 | $38,973* | $40,855 | $27,000* | 0.69 | |
| National Median | — | $33,543* | — | $25,000* | 0.75 |
Career Paths
Occupations commonly associated with human development, family studies, graduates
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Family and Consumer Sciences Teachers, Postsecondary
Social and Human Service Assistants
Preschool Teachers, Except Special Education
Childcare Workers
Nannies
Social Scientists and Related Workers, All Other
Community and Social Service Specialists, All Other
Farm and Home Management Educators
Teaching Assistants, Preschool, Elementary, Middle, and Secondary School, Except Special Education
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 12 similar programs in OH. Actual outcomes may vary.