Degree Dividend
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Franklin and Marshall College — ROI, Cost & Payback

Private nonprofit · Lancaster, PA · 1,799 students

The verdict

Franklin and Marshall College charges a net price of $36,425/yr after aid — a 4-year total of $145,700. Graduates earn a median $76,124 ten years after entry, $27,764/yr above the $48,360 high-school baseline, clearing the total in 5.2 years — a 20-year net return of $409,580, a solid payback. (Scorecard, 2026 · our math.)

Share
$36,425
Net price / yr
Scorecard, 2026
$76,124
Median earnings, 10 yrs
Scorecard, 2026
5.2 yrs
Payback
Our math, 2026
28%
Admission rate
Scorecard, 2026
Franklin and Marshall College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$36,425/yrScorecard, 2026
Total net cost (4 yrs)$145,700our math
Median earnings, 10 yrs after entry$76,124Scorecard, 2026
Earnings premium over HS baseline$27,764/yrour math
Median debt (completers)$19,000Scorecard, 2026
Payback5.2 yrsour math
20-year net return$409,580our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.