Lawrence Technological University vs. Franklin University

Comparable Facts

Compare Lawrence Technological University in Southfield, MI with Franklin University in Columbus, OH on tuition, admissions, graduation, earnings, and student body data using the table above.

Franklin University is larger than Lawrence Technological University based on total student enrollment (9,457 students vs. 3,693 students)

Location, institution type, and student-faculty ratio

• Lawrence Technological University is located in Southfield, MI (Small City setting); Franklin University is in Columbus, OH (Large City setting).
• Lawrence Technological University is a private, non-profit 4-year institution. Franklin University is a private, non-profit 4-year institution.
• Student-to-faculty ratio: Lawrence Technological University 11:1; Franklin University 17:1.

Lawrence Technological University vs. Franklin University Cost Comparison

Which college is more expensive, Lawrence Technological University or Franklin 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 University than Lawrence Technological University ($25,576 vs. $34,083).
• Living costs (room and board or off-campus housing budget) at Lawrence Technological University are 28.7% lower than at Franklin University ($11,930 vs. $16,740).
• Lawrence Technological University is 367.4% more expensive for in-state tuition than Franklin University (about $35,183 more per year; $44,760.00 vs. $9,577.00).
• Out-of-state tuition is 367.4% higher at Lawrence Technological University than at Franklin University (about $35,183 more per year; $44,760.00 vs. $9,577.00).
• A larger share of students receive grant aid at Lawrence Technological University than at Franklin University (100% vs. 96%).
• The average total grant financial aid received by Lawrence Technological University students is 362.2% larger than aid received by Franklin University students ($23,877 vs. $5,166).

Lawrence Technological University vs. Franklin University Admissions comparison

Which college is harder to get into, Lawrence Technological University or Franklin 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 Franklin University and Lawrence Technological University.

• Franklin University reports an open admissions policy.
• Submitting SAT or ACT scores: Lawrence Technological University - Test-free; Franklin University - Open admission.

Lawrence Technological University vs. Franklin University Graduation Outcomes Comparison

How do outcomes compare for Lawrence Technological University and Franklin 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).

• Lawrence Technological University's six-year graduation rate (44%) is higher than Franklin University's (19%).
• Graduates from Lawrence Technological University earn a median of about $7,700 more per year than Franklin University graduates about ten years after starting college ($59,800 vs. $52,100), per the same Scorecard earnings definition.
• Among federal student loan borrowers, Franklin University graduates have a $2,000 lower median loan debt than Lawrence Technological University graduates ($25,000 vs. $27,000).
• Among borrowers, Franklin University graduates have an estimated $21 lower median monthly federal student loan payment than Lawrence Technological University graduates ($258 vs. $279).
• More Lawrence Technological University graduates are actively paying back their federal student loan debt than former Franklin University students, three years after graduation. (64% vs. 38%)

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.