Franklin College

Life here revolves around campus housing (73% of students live on-site) and Greek organizations (4 fraternities, 3 sororities). The vibe is ‘close-knit’, with Niche reviewers calling it ‘familial’—think small-town Indiana with professors who double as mentors. Over 50 student orgs range from academic clubs to intramurals, and the college touts ‘transformative experiences’ through community-building. Safety ratings are solid, and the residential halls are described as ‘safe but dynamic’ (translation: expect dorm parties).

Franklin’s 63% graduation rate lags slightly behind national averages, but those who finish land decent-paying jobs: median earnings of $45,635 six years out (4% above the national median). U.S. News ranks it #146 among liberal arts colleges, with an outcomes score of 57/100. The transfer-out rate hovers around 25%, suggesting some students pivot to larger schools—though the ones who stay benefit from strong alumni networks in the Midwest.

Sticker price is $33,883 for families earning over $110K, but 79.55% of students receive aid, bringing the average net priceNet priceWhat a family actually pays after grants and scholarships are subtracted from the sticker price — usually far less than the published cost. down to $23,843. The average aid package is $33,987, with grants averaging $16,634—$146 higher than typical private colleges. Franklin’s net price calculator helps families estimate costs, though the fine print warns it’s ‘not a final offer’. For low-income students (<$30K), costs drop to ~$16,000 after aid.

Franklin College is the anti-stereotype small liberal arts school: moderately selective but laser-focused on job outcomes, with a 96.5% placement rate that rivals far pricier peers. Its Greek-heavy, residential culture (73% on-campus) fosters tight bonds, while the practical curriculum—heavy on education, CS, and arts—keeps grads employed. For Midwestern students seeking a ‘name-your-professor’ vibe without elite pretensions (or elite prices), it’s a shrewd pick.