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Cost & ROI · 2026

Is Franklin University worth it?

Pay $25,243/yr after aid. Graduates earn a median of $51,892 ten years out — about 2.1× the annual cost. EduGradify value grade: D.

Net price $25,243 per year, after aid
Earnings 10y $51,892 median, post-enrollment
Median debt $20,836 ≈ $226/mo
D Top 79% Exceptional Investment

The ROI math, in 30 seconds

$25,243 × 4 years = $100,972 total cost
$51,892 / year earned 10 years after enrolling
=
5.14 ROI score Grade D · Top 79% value

Benchmarks

Franklin University vs Ohio avg vs national avg

How this school stacks up against the typical Ohio college and the typical US college.

Metric Franklin University Ohio avg National avg
Avg net price $25,243 $19,055 $18,467
Median earnings 10y $51,892 $50,599 $50,834
Median debt $20,836 $21,844 $19,694
Graduation rate 11.1% 47.3% 49.9%
Acceptance rate 72.8% 72.3%

Hidden cost

What you actually pay, by family income

Net price after grants and scholarships changes a lot depending on family income. Find your bracket.

$0 – $30k Low income
$24,968 per year
$30k – $48k Lower-middle
$25,876 per year
$48k – $75k Middle
$24,690 per year
$75k – $110k Upper-middle
$25,389 per year
$110k+ High income
$29,964 per year

Total cost

4-year cost projection

Estimated net price each year through graduation, assuming a typical 3% annual tuition increase.

Year 1 $25,243 2026–2027
Year 2 $26,000 2027–2028
Year 3 $26,780 2028–2029
Year 4 $27,584 2029–2030
4-year total $105,607 net of expected aid

Sticker price (without aid) would run roughly $122,784 over four years. Most students get $5,453/yr in grants and scholarships.

Debt math

Loan repayment scenarios

If you borrow the median $20,836 at a 6.5% federal rate, here's what each repayment plan looks like.

10-year standard plan $226/mo Total paid: $27,120
15-year extended $170/mo Total paid: $30,600
20-year extended $143/mo Total paid: $34,320

Debt-to-earnings: 40% of one year's median pay. Financial advisors recommend keeping student debt under 100% of expected first-year salary. You're well below that threshold.

Lifetime impact

Lifetime earnings boost vs no degree

Over a typical 40-year career, the median Franklin University grad earns about $275,680 more than a high school graduate (assuming HS median ≈ $45k/yr, BLS).

Annual earnings advantage +$6,892 vs HS-only median
Career-long boost $275,680 40-year horizon, today's dollars
Net of 4-year cost $174,708 after paying $100,972 for the degree

Caveat: this is a population median, not a guarantee. Actual outcomes vary widely by major, career path, and individual choices. We're showing the median to set realistic expectations.

The verdict

What the numbers say about Franklin University

The average student at Franklin University pays $25,243 a year after grants and scholarships, against a $30,696 published sticker price. That is above the OH average net price of $19,055.

Ten years after entry, graduates earn a median of $51,892 — above the OH median of $50,599. Weighed against what students actually pay, EduGradify models this as an exceptional investment.

Typical graduates borrow about $20,836, roughly $226 a month on a standard ten-year plan — a moderate load at about 40% of one year's median earnings.

Smart alternatives

Cheaper Ohio colleges with comparable outcomes

Same state, at least 20% lower net price, with earnings within reach of Franklin University.

Frequently asked

Cost & ROI questions

What is the net price at Franklin University?

The average net price — what students actually pay after grants and scholarships — is $25,243 per year. That's $5,453/yr in financial aid against the $30,696 sticker price. Over four years, that adds up to roughly $100,972.

How much do Franklin University graduates earn?

Ten years after enrolling, Franklin University graduates earn a median of $51,892 per year — above the national average of $50,834. That's about 2.1× the annual net cost.

How much debt do Franklin University graduates take on?

Median federal loan debt at graduation is $20,836 — about $226/month on a standard 10-year repayment plan (assuming a 6.5% federal rate). 40.6% of students take federal loans.

Is Franklin University worth the cost?

EduGradify assigns Franklin University a value grade of D — top 79% on real ROI nationally. The math: pay $25,243/yr, earn $51,892/yr ten years out, ROI score of 5.14. Exceptional Investment.

What financial aid is available at Franklin University?

37.2% of students receive federal Pell Grants (need-based federal aid). 40.6% take federal student loans. On average, students get $5,453 per year in grants and scholarships off the sticker price.

What's the difference between in-state and out-of-state tuition at Franklin University?

In-state tuition is $9,577 per year. Out-of-state tuition is $9,577 per year — a difference of $0/yr or $0 over four years.

How does net price change with family income at Franklin University?

Net price is income-adjusted — lower-income families typically pay much less. Students from families earning under $30k pay about $24,968. Students from families earning over $110k pay about $29,964. See the chart below for all five income bands.

How we calculate ROI

Every number on this page comes from the U.S. Department of Education College Scorecard. ROI score = (median earnings 10 years out × 10) / (avg net price × 4). The higher the ratio, the more graduates earn per dollar invested. We then percentile-rank every US college on that score to assign letter grades A+ through D. Read the full methodology →