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Franklin and Marshall College

#7 Best Bachelor's Programs in Pennsylvania
Private nonprofit Lancaster, PA · Urban · Mid-Atlantic · 100% data
A Earnings A Selectivity A Graduation
Graduation Rate
85% A
Most students who enroll finish their degree here
Earnings (10yr)
$76,124 A
Top 5% nationally — exceptional earning power
Net Price
$36,425 F
113% more than the typical college
Acceptance Rate
28% A
Admits roughly 28% — highly selective
Earnings +87% vs avg
Graduation +49% vs avg
Net Price 113% vs avg
Mobility Top 62%

Bottom line: A C+ overall grade — average outcomes for a U.S. college. 13.4× return on investment — every $1 spent returns $13.4 over 20 years. Ranked #7 in Best Bachelor's Programs in Pennsylvania.

13.4× return on investment

Every $1 spent returns $13.4 over 20 years — debt pays back in ~under a year. Net gain: $1,800,419.

What The Data Says

  1. A C+ overall — outcomes trail most U.S. colleges on measured metrics.

  2. Graduates earn 87% more than the national college median.

  3. A 85% graduation rate — 49% above the national average.

  4. Every $1 invested returns $13.4 over 20 years — an exceptional return.

Why Franklin and Marshall College Matters

Franklin and Marshall College is a private liberal arts college in Lancaster, PA and its outcomes are not an accident. They are driven by selective admissions and a well-connected, high-opportunity alumni network. The result: graduates whose earnings land in the top 5% of all U.S. colleges.

Interpretation generated from this school's federal outcomes, research, and mobility data.

Institutional Profile

Institution Type
Private Liberal Arts College
Carnegie Class
Baccalaureate · Arts & Sciences
Enrollment
1,799
Setting
Urban
Primary Strengths
Biology & Biomedical, Social Sciences, Business & Marketing, Physical Sciences

Why students choose Franklin and Marshall College

Elite STEM ecosystem
Engineering, computing, and the sciences dominate its programs
Influential alumni network
High cross-class social capital and reach
Exceptional earning outcomes
Graduate earnings in the top 5% of colleges
Close mentorship
A small, undergraduate-focused community

CollegeRanker Report Card

Graded on outcomes, against every U.S. college.

C+
Top 42% overall
A
Earnings
$76,124 median
C-
Value
2.1× net price
F
Affordability
$36,425/yr net
A
Graduation
85% graduate
C-
Social Mobility
1.3% climb Q1→Q5
A
Selectivity
28% admit rate
C+
Diversity
0.61 index

Each grade is this school's national percentile on a real outcome — earnings, value, mobility, and more.

How we grade →

Overview

With an acceptance rate of 28%, Franklin and Marshall College attracts students who are ready to engage deeply in their studies. This is a place for those who want to explore a range of disciplines, especially in Business and Marketing, Biology and Biomedical fields, Social Sciences, English and Literature, and Health Professions. If you're looking for a college that balances a strong academic focus with a close-knit community, this could be a solid fit.

Looking at life after graduation, students from Franklin and Marshall can expect to earn an average of $76,124 within ten years. This figure is a strong indicator of the value of the education here, especially when considering the college's commitment to quality teaching. Graduates are generally well-prepared to step into the workforce, and many find their footing in their chosen fields, which speaks to the effectiveness of the programs offered.

In terms of financials, the net price after aid comes to about $36,425, and graduates carry a median debt of $19,000. This manageable debt load means that students can focus more on their careers rather than financial burdens. Those who thrive here are often driven and academically engaged, ready to take advantage of the resources and opportunities that come with a Franklin and Marshall education.

Rankings

Can I Get In?

How selective Franklin and Marshall College is — and how your numbers stack up.

Tool

Will I Be Accepted?

Enter your credentials to see your chances at this school.

3.0
Test Score
1050
21

Academics & Admissions

Is It Hard to Get Into Franklin and Marshall College? Acceptance Rate & Requirements

As a private institution in Lancaster, Pennsylvania, Franklin and Marshall College reviews applications selectively. The acceptance rate runs near 28%. Admitted students typically arrive with an average SAT score near 1,392. The graduation rate is roughly 85%.

Acceptance Rate
28%
Retention Rate
90%
SAT Average
1392
SAT Range
1310–1463
ACT Range
30–33
Full-Time Faculty
79%
Faculty Salary (mo)
$11,293
Student–Faculty Ratio
9:1
Diversity Index
0.61
First-Gen Students
19%
Applicants
8,923
Admitted
3,233

Inside the Admissions Office

School-reported Common Data Set · 2024-25

The acceptance rate tells you how hard Franklin and Marshall College is to get into. Its Common Data Set tells you what happens once you are admitted: how many students say yes, how many arrived without test scores, and whether applying early tilts the odds. 17% of admitted students go on to enroll here, making it a school most admitted students ultimately pass on.

Yield Rate
17%
of admits enroll
Submitted SAT
25%
of enrolled freshmen
Submitted ACT
9%
of enrolled freshmen
Early Decision Admit Rate
28.1%
vs 28.2% overall

Applying early pays off here. Of 961 Early Decision applicants, 270 were admitted — a 28.1% admit rate, roughly 1.0× the 28.2% rate for the overall pool. That binding round alone filled about 57% of the entering class (270 of 477 first-years). The catch: Early Decision is a commitment you make before you can compare aid offers.

Test-optional, in practice. Only about 34% of enrolled freshmen submitted an SAT or ACT score, so a strong application without test scores is genuinely competitive here, not a long shot.

Source: Franklin and Marshall College's Common Data Set, 2024-25 View the source document on collegedata.fyi →

Can I Afford It?

What you'll actually pay after grants and aid — not the sticker price.

Cost & Financial Aid

How Much Does It Cost to Attend Franklin and Marshall College? Tuition, Net Price & Aid

Published tuition at Franklin and Marshall College is $70,794, but few families pay that. The number to watch is net price, what students actually pay each year after federal grants and institutional scholarships. Here it averages about $36,425. Students from families earning under $30,000 typically pay closer to $12,321 after need-based grants. The median graduate leaves with about $19,000 in federal student loans.

In-State Tuition
$70,794
Out-of-State
$70,794
Avg Net Price
$36,425
Median Debt
$19,000
Pell Grant Rate
16%
Federal Loan Rate
44%

What Families Actually Pay

Family Income $0–$30K
$12,321
Family Income $30K–$48K
$16,942
Family Income $48K–$75K
$16,245
Family Income $110K+
$49,996

What Happens After?

Earnings, debt, and where graduates actually land.

Students Like You

Tell us a little about yourself to see what students like you have typically experienced at Franklin and Marshall College — the net price for your income, your admission odds, and the outcomes that follow. These are patterns from federal data, not predictions.

Compare schools in the full simulator →Sources: College Scorecard, Common Data Set, Opportunity Insights · today's dollars (CPI-adjusted) · descriptive, not predictive

Graduate Outcomes

Is Franklin and Marshall College Worth It? Graduate Earnings & ROI

Ten years out, alumni of Franklin and Marshall College earn a median of $76,124, well above the national average for bachelor's degree holders.

6 Years After Entry
$62,544
8 Years
$64,068
10 Years
$76,124
Debt-to-Earnings
0.25x
Earning > $25K
80%

Earnings Trajectory

$62,544 6yr $64,068 8yr $76,124 10yr

Graduation by Timeframe

100% (478)
81%
100% (478)
81%
100% (478)
81%
100% (478)
81%

How Franklin Compares

Dot right of center = above national average.

NATIONAL AVGGraduation85%Earnings 10yr$76KNet Price$36KRetention90%Median Debt$19KPell Grant Rate16%

Net Price by Family Income

What families actually pay after aid, by income bracket.

$12K$0-30K$17K$30-48K$16K$48-75K$50K$110K+

The Mobility Equation

Mobility = Access x Success. How many low-income students get in, and how many reach the top 20%?

ACCESS% from bottom 20%2.2%SUCCESS% who reach top 20%56.5%MOBILITY1.26%

College ROI Calculator

Is Franklin and Marshall College Worth It?

A data-driven look at the return on your educational investment — using real federal data.

Yes — for most students, Franklin and Marshall College delivers a positive return. Over four years, the typical net price is $36,425/year ($145,700 total). Graduates earn $76,124 at ten years, and over a 20-year career we project $1,946,119 in total earnings — a net gain of $1,800,419 (13.4× your investment). The median debt is $19,000, which takes less than a year to pay back at typical earnings. With a 85% graduation rate, the path to that return is well-tested. This is a exceptional ROI compared to national averages.

Total Cost (4yr)
$145,700
Projected 20yr Earnings
$1,946,119
Net Return
$1,800,419
ROI Multiple
13.4×
Cost Per Year
$36,425
Median Debt
$19,000
Debt Payback
Less than 1 yr
Graduation Rate
85%

Does It Change Lives?

Mobility, social capital, and innovation — does it move people up?

Social Mobility

Data: Raj Chetty's Mobility Report Card · 30M+ anonymized tax records

Does Franklin and Marshall College Drive Upward Mobility? Economic Mobility & Low-Income Outcomes

Franklin and Marshall College is a genuine engine of upward mobility. Its mobility rate, the share of students who start in the bottom income quintile and climb to the top, is 1.26%, well above the typical college. Access is narrower: only about 2.2% of students come from the bottom income quintile, typical of more selective, higher-income institutions. Among bottom-quintile students who attend, roughly 56.5% go on to reach the top of the income ladder. The median family income of students sits near $162,900, a snapshot of the campus's socioeconomic mix.

Mobility Rate
1.26%
Bottom 20% → Top 20%
Success Rate
56.5%
If bottom 20% get in
From Bottom 20%
2.2%
Share of students
Parent Median Income
$221,324
today's $ (2015 cohort data)

Social Capital

Data: Opportunity Insights Social Capital Atlas

How Connected Is Franklin and Marshall College? Social Capital & Cross-Class Networks

Social capital, the web of cross-class friendships that researchers link to long-run upward mobility, runs high at Franklin and Marshall College. Its economic connectedness score is 1.81, where about 1.0 is the national norm. Its friending bias is low (0.02), a sign that students from different economic backgrounds actually mix rather than self-segregate. Around 8% of students take part in civic and volunteering activity.

Economic Connectedness
1.81
Cross-class friendships
Friending Bias
0.02
Lower = more inclusive
Volunteering Rate
8.2%
Support Ratio
1.00
Community support

Research Note

267%
Low-income students at colleges in the top quartile of economic connectedness are 267% more likely to reach the top income quintile than peers at the least-connected schools.
Data from CollegeRanker’s review of 5,745 U.S. colleges (n=1,503). Quartile comparison of mean bottom-quintile success rate, split by economic connectedness (Opportunity Insights Social Capital Atlas × Mobility Report Card).

Institutional Finances

Data: NCES IPEDS

Federal Grants
$5,672,593
Investment Income
$-61,971,571

Top Programs

The fields Franklin and Marshall College awards the most degrees in, by share of completions. Where federal field-of-study data exists, we show what graduates in that major earned early in their careers. Each links to its degree guide — or see what someone with your income, scores, and major would pay and earn here in the Students Like You simulator.

Early-career median earnings by major (typically 1–2 years after completion, bachelor's level where available), in today's dollars (CPI-adjusted). Source: U.S. Dept. of Education College Scorecard field of study. Distinct from the school-wide 10-year median; suppressed for small programs.

Frequently Asked Questions

Is It Hard to Get Into Franklin and Marshall College? Acceptance Rate & Requirements

As a private institution in Lancaster, Pennsylvania, Franklin and Marshall College reviews applications selectively. The acceptance rate runs near 28%. Admitted students typically arrive with an average SAT score near 1,392. The graduation rate is roughly 85%.

How Much Does It Cost to Attend Franklin and Marshall College? Tuition, Net Price & Aid

Published tuition at Franklin and Marshall College is $70,794, but few families pay that. The number to watch is net price, what students actually pay each year after federal grants and institutional scholarships. Here it averages about $36,425. Students from families earning under $30,000 typically pay closer to $12,321 after need-based grants. The median graduate leaves with about $19,000 in federal student loans.

Is Franklin and Marshall College Worth It? Graduate Earnings & ROI

Ten years out, alumni of Franklin and Marshall College earn a median of $76,124, well above the national average for bachelor's degree holders.

Does Franklin and Marshall College Drive Upward Mobility? Economic Mobility & Low-Income Outcomes

Franklin and Marshall College is a genuine engine of upward mobility. Its mobility rate, the share of students who start in the bottom income quintile and climb to the top, is 1.26%, well above the typical college. Access is narrower: only about 2.2% of students come from the bottom income quintile, typical of more selective, higher-income institutions. Among bottom-quintile students who attend, roughly 56.5% go on to reach the top of the income ladder. The median family income of students sits near $162,900, a snapshot of the campus's socioeconomic mix.

How Connected Is Franklin and Marshall College? Social Capital & Cross-Class Networks

Social capital, the web of cross-class friendships that researchers link to long-run upward mobility, runs high at Franklin and Marshall College. Its economic connectedness score is 1.81, where about 1.0 is the national norm. Its friending bias is low (0.02), a sign that students from different economic backgrounds actually mix rather than self-segregate. Around 8% of students take part in civic and volunteering activity.

Does Franklin and Marshall College offer Early Decision, and does it improve admission chances?

Yes. Franklin and Marshall College offers a binding Early Decision plan, and it carries a real advantage: Early Decision applicants were admitted at 28%, about 1.0 times the overall 28% acceptance rate, and ED filled roughly 57% of the entering class. Because ED is binding, it makes sense only if Franklin and Marshall College is a clear first choice and you can commit before comparing aid offers (2024-25 Common Data Set).

Is Franklin and Marshall College really test-optional?

In practice, yes. Only about 34% of enrolled first-year students submitted an SAT or ACT score, so a strong application without test scores is genuinely competitive at Franklin and Marshall College (2024-25 Common Data Set).

What percentage of admitted students enroll at Franklin and Marshall College?

About 17% of admitted students choose to enroll at Franklin and Marshall College — its yield rate (2024-25 Common Data Set). Yield reflects how often a school wins when applicants weigh competing offers.

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The State of American Higher Education Outcomes for 2026 — report cover Download PDF

The 2026 Annual Report

The State of American Higher Education Outcomes

Every state graded on what graduates earn, how far they climb, and what college really costs — the hidden geography of economic mobility, in one report.

Free · 21 pages · 5,745 institutions · 100% federal data, no surveys