Franklin College of Indiana vs. Carroll University

Comparable Facts

Compare Franklin College in Franklin, IN with Carroll University in Waukesha, WI on tuition, admissions, graduation, earnings, and student body data using the table above.

Carroll University is larger than Franklin College of Indiana based on total student enrollment (3,138 students vs. 985 students)

Location, institution type, and student-faculty ratio

• Franklin College is located in Franklin, IN (Large Suburban setting); Carroll University is in Waukesha, WI (Small City setting).
• Franklin College is a private, non-profit 4-year institution. Carroll University is a private, non-profit 4-year institution.
• Student-to-faculty ratio: Franklin College 12:1; Carroll University 14:1.

Franklin College of Indiana vs. Carroll University Cost Comparison

Which college is more expensive, Franklin College of Indiana or Carroll University? Published tuition is the sticker price; many students pay less after aid (see average net price below).

• The typical actual cost that students pay to attend (average net price) is less at Franklin College than Carroll University ($24,189 vs. $27,031).
• Living costs (room and board or off-campus housing budget) at Franklin College are 13.1% lower than at Carroll University ($12,405 vs. $14,280).
• Carroll University is 0.5% more expensive for in-state tuition than Franklin College of Indiana (about $180 more per year; $38,890.00 vs. $38,710.00).
• Out-of-state tuition is 0.5% higher at Carroll University than at Franklin College (about $180 more per year; $38,890.00 vs. $38,710.00).
• The same share of students receive grant aid at Franklin College as at Carroll University (100% vs. 100%).
• The average total grant financial aid received by Franklin College students is 17.1% larger than aid received by Carroll University students ($30,025 vs. $25,634).

Franklin College of Indiana vs. Carroll University Admissions comparison

Which college is harder to get into, Franklin College of Indiana or Carroll University? Typical SAT and ACT scores (same estimates as in the table above), middle 50% test ranges where reported, test score submission policy, deadlines, and acceptance rates summarize admission difficulty between Carroll University and Franklin College of Indiana.

• The typical SAT score (median estimate) at Carroll University (1160) is 10 points higher than at Franklin College of Indiana (1150).
• Incoming Carroll University students have a 1 point higher typical ACT composite (median estimate) (24 vs. 23 at Franklin College of Indiana).
• Reported middle 50% SAT composite range (25th-75th percentile) for admitted students: Franklin College 1060/1240; Carroll University 1040/1270.
• Reported middle 50% ACT composite range (25th-75th percentile) for admitted students: Franklin College 20/26; Carroll University 21/27.
• Submitting SAT or ACT scores: Franklin College of Indiana - Test optional; Carroll University - Test optional.
• Accepted freshman Franklin College of Indiana students have a 0.12 point higher average high school GPA (3.51) than students at Carroll University (3.39).
• Franklin College of Indiana has a higher acceptance rate (69.8%) than Carroll University (66.8%).
• The share of admitted students who enrolled (yield) is 17.4% at Franklin College of Indiana vs. 17.5% at Carroll University.

Franklin College of Indiana vs. Carroll University Graduation Outcomes Comparison

How do outcomes compare for Franklin College of Indiana and Carroll University? Graduation rate, earnings, and student loan debt are common indicators. The bullets below summarize the same federal outcomes fields as the comparison table (College Scorecard / IPEDS where applicable).

• Carroll University's six-year graduation rate (57%) is higher than Franklin College's (49%).
• Graduates from Franklin College earn a median of about $1,100 more per year than Carroll University graduates about ten years after starting college ($45,300 vs. $44,200), per the same Scorecard earnings definition.
• Among federal student loan borrowers, Carroll University and Franklin College of Indiana graduates have the same median loan debt ($27,000 vs. $27,000).
• Among borrowers in the federal data, Carroll University and Franklin College of Indiana graduates have the same median monthly federal student loan payment ($279 vs. $279).
• More Carroll University graduates are actively paying back their federal student loan debt than former Franklin College of Indiana students, three years after graduation. (74% vs. 73%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/. Values reflect the most recent year available in our dataset.