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Psychology at Franklin College

Franklin, IN · Private nonprofit · Bachelor's Degree · Psychology, General
30 /100
DegreeOutlook Score (Base Case)
30
Optimistic
30
Base Case
29
Pessimistic
Earnings $31,769/yr (0% vs median)
AI Risk High (49% exposed)
Job Market Very Large (125,000 openings/yr)
ROI 2.9x earnings multiple
Ranked #627 of 926 Psychology, General programs

How AI Changes the Outlook

Three scenarios based on how aggressively AI disrupts the career paths available to Psychology graduates.

Optimistic
No Disruption		 Base Case
Gradual AI		 Pessimistic
Aggressive AI
10-Year Earnings $427K $432K $419K
Earnings Multiple 2.9x 2.9x 2.8x
Probability of Field Employment 51% 47% 34%
DegreeOutlook Score 30 30 29

10-Year Earnings Projection

*Year 1 uses actual reported earnings. Scenarios diverge as AI impact compounds over time.

4-Year Tuition (Sticker)
$149,400
4-Year Net Price (After Aid)
$91,048
39% less than sticker · See by income
Median Debt at Graduation
$27,000
10.2 months of Year 1 earnings

Program Analysis

Franklin College's Psychology program produces graduates earning $31,769/yr — within striking distance of the $31,705 national average for this field.

The financial case is thin at 2.9x — decade earnings barely exceed the cost of attendance. The value proposition here is driven by factors beyond pure ROI.

Some AI exposure exists in Psychology's typical career paths, with 49% of job tasks potentially affected. The pessimistic scenario still projects solid returns, with a 2% gap from the optimistic case.

Median debt of $27,000 represents roughly 10 months of the $31,769 starting salary — a manageable burden by most borrower standards.

Ranked #627 of 926 Psychology programs, Franklin College falls below the median. Stronger options exist, though cost and location may compensate.

About Franklin College

A 71% acceptance rate means Franklin College is accessible to most applicants, a smaller institution with 872 students in Franklin, IN. The average net cost of $91,048 over four years represents a 39% discount from published tuition.

See all programs and financial aid at Franklin College →

Top Career Paths

Managers, all other $136,550/yr
Psychologists, all other $117,580/yr
Industrial-organizational psychologists $109,840/yr
View all 6 career paths with salary ranges and AI risk →

Compare & Explore

Compare this program → View all 926 schools offering Psychology →

Psychology at Other Schools

Bentley University ($62,218) Georgetown University ($51,959) Bucknell University ($51,645) Gettysburg College ($50,040) Trinity College ($48,406) CUNY Graduate School and University Center ($48,299) The University of Texas Permian Basin ($46,009) Charter Oak State College ($45,428)

Other Majors at Franklin College

Finance and Financial Management Services ($57,037) Business Administration, Management and Operations ($56,487) Teacher Education and Professional Development, Specific Subject Areas ($49,725) Teacher Education and Professional Development, Specific Levels and Methods ($47,610) Sociology ($37,759) Public Relations, Advertising, and Applied Communication ($36,964) Biology, General ($30,969) Health and Physical Education/Fitness ($24,181)

Is a Trade Program a Better Fit?

Compare Psychology trade programs on TradeSchoolWorth →

For students who prefer applied learning, trade programs can deliver strong earnings with significantly less debt and shorter time to employment.

Frequently Asked Questions

What is the DegreeOutlook Score for Psychology at Franklin College?
A score of 30/100 indicates below-average financial outcomes for Psychology. Earnings, ROI, or AI risk factors are pulling the score down.
Will AI replace Psychology careers?
With 49% of typical job tasks exposed to AI, this is one of the higher-risk fields. Our pessimistic scenario projects $419,238 in decade earnings vs $426,606 in the optimistic case — a meaningful gap.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →