Payback
EarningsPlus
Economic score
Franklin University is a private online college. Franklin University has an open admissions policy.
Return on educational investment at Franklin University is in the top 5% of all ranked schools. The median student earns $51,859 10 years after enrolling, 16th among online schools, and in the top 50% nationally. When adjusted for earning differences by major, Franklin University bachelor students earn 0% less than the national average.
Franklin University’s median net annual cost of $7,201 and average years to graduate of 4.3 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Franklin University sorted by number of graduates - Business Administration, Accounting, HR Management, Health Administrative Services, Computer and Information Sciences, Marketing - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$7,201
Average years to graduate
4.3
Homeland Security, Law Enforcement, Firefighting and Related Protective Services, Other
Rank: #2
Economic score: 0.54
Computer Science
Rank: #2
Economic score: 0.67
Computer software
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 0.73
Economics
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 0.82
Design & Applied Arts
Rank: #1
Economic score: 1.47
Criminal Justice
Rank: #8
Economic score: 1.49
Finance
Rank: #5
Economic score: 1.59
Advertising & PR
Rank: #2
Economic score: 1.75
Clinical / Counseling Psych
Rank: #1
Economic score: 2.56
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 6 graduate programs at Franklin University - Business Administration, Health Administrative Services, Clinical / Counseling Psych, HR Management, Public Administration, Accounting - are shown below. To see more programs, click on "see additional programs".
Curriculum and Instruction
Rank: #81
Economic score: 0.7
Marketing
Rank: #14
Economic score: 0.81
The average full-time graduate completes their degree in 4.3 years. 58% of all students graduate within 8 years including part-time students. The graduation rate at Franklin University is 7% higher than the state average, and 0% above the average for all regional universities in the country.
At Franklin University, Pell Grant recipients represent 32% of the measured graduating class, 3% lower than the national average of 35%. The average Pell Grant recipient at Franklin University graduates within 4.4 years.
Franklin University is in the bottom 50% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Franklin University’s economic mobility score of 27.85 is calculated by adjusting the 1.34 economic score of lower-income students by the 32% pell grant recipients within the student body. Franklin University’s EMS of 27.85 ranks in the top 25% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Top 25%
The average Title IV recipient at Franklin University pays $7,201 a year, $23,112 less than the $30,313 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $7,201
Much of the gap between net price and sticker price is filled by institutional and government grants. At Franklin University, null% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $7,201 on average to be covered by the student – be it through loans or out of pocket. In total, 25% of students take out loans, federal or private, at an average amount of $9,500. This is 29% less than the national average.
Federal grants
$9,500
Pell grants
$4,111
Full time
26%
83%
Female
61%
59%
First time
18%
59%
In-state
91%
68%
1st generation
50%
35%
White
57%
52%
Black
16%
14%
Hispanic
3%
15%
Asian
3%
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
19%
12%