Psychology at Franklin College
Franklin, IN · Private nonprofit · Bachelor's Degree · Psychology, General
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
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
Median Debt at Graduation
$27,000
10.2 months of Year 1 earnings
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
Compare & Explore
Psychology at Other Schools
Other Majors at Franklin College
Is a Trade Program a Better Fit?
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 →