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After Franklin College: graduation, pay and debt

Franklin, Indiana · Private · 900 undergrads

63% of Franklin College students finish within six years, the typical student earns $61,877 ten years after starting and graduates leave with $22,678 in federal loans at the median.

The short answers

$61.9k
median pay 10 years after starting college.
63%
finish within six years.
61%
finish in four years.
73%
of first-years come back for year two.
$22.7k
median federal debt at graduation.
71%
of borrowers were paying down their loans three years after leaving.
All the federal numbers

Finishing

Finished in four yearsIPEDS, fall 2023
61%
Finished within six yearsIPEDS, fall 2023
63%
First-years who came back for year twoCollege Scorecard, fall 2024
73%
Men who finished within six yearsIPEDS, students who started in 2017
58%
Women who finished within six yearsIPEDS, students who started in 2017
68%
Students in that six-year groupIPEDS, students who started in 2017
265
Earned a degree or certificate here within eight yearsIPEDS, full-time students who started in 2015
61%
Still enrolled here after eight yearsIPEDS, full-time students who started in 2015
29%
Students in that eight-year groupIPEDS, full-time students who started in 2015
292
Transferred to another collegeCollege Scorecard, earlier release
25%

Pay after college

Median pay 6 years after starting collegeCollege Scorecard
$49,978
Median pay 10 years after starting collegeCollege Scorecard, 2022-23
$61,877
Earning more than $25,000 six years after startingCollege Scorecard, earlier release
75%

Pay is for students who got federal aid and are working, counted from the year they started college, whether or not they finished.

Debt and paying it back

Median federal debt, students who graduatedCollege Scorecard, 2024-25
$22,678
Median federal debt, everyone who borrowed (finished or not)College Scorecard, earlier release
$18,998
Median federal debt, students with a Pell GrantCollege Scorecard, earlier release
$17,200
Median federal debt, students without a Pell GrantCollege Scorecard, earlier release
$19,500
Paying down their loans 3 years after leavingCollege Scorecard, 2024-25
71%
Paying down their loans 5 years after leavingCollege Scorecard, earlier release
81%
Paying down their loans 7 years after leavingCollege Scorecard, earlier release
82%

Federal student loans only. Private loans and Parent PLUS loans aren't counted.

Where these numbers come from
  • Admit rate and applicants: IPEDS, fall 2024 (checked Oct 31, 2026)
  • Cost, pay and debt: College Scorecard, 2024-25 (checked Oct 31, 2026)

Updated Oct 31, 2026Spot a mistake?How we get our numbers