Franklin and Marshall College Economics (Bachelor's): Tuition, Graduate Salary, and Debt

  • Bachelor's in Economics
  • Private nonprofit college
  • Lancaster, PA
  • About 41 graduates a year

College Scorecard June 2026 release · BLS wages May 2025

The short answer

Franklin and Marshall College economics graduates earn about what economics graduates earn nationally, $52,801 in their first year. The typical graduate leaves with $23,048 in federal loans, close to the national median of $22,717. Several Pennsylvania programs report higher pay.

First-year earnings$52,80155th percentile of 338 programs nationally
Earnings after 5 years$75,96744% more than year one
Median federal debt$23,0486th lowest of 20 Pennsylvania programs
Debt-to-earnings44%Pennsylvania median 43%, national 43%

How it compares

Each figure is the median for graduates of the program. The Pennsylvania and national columns are the medians across all economics bachelor's programs that report the figure.

Five years out, Franklin and Marshall College graduates earn about the national figure but about $7,005 less than the Pennsylvania median. Several Pennsylvania programs with higher debt show higher pay by the five-year mark.

Debt and first-year pay at every Pennsylvania economics program

Programs in the upper left give graduates higher pay for less debt. Dashed lines mark the Pennsylvania medians.

Franklin and Marshall CollegeOther Pennsylvania programs

Hover over or tap a dot to see the school. Only programs that report both earnings and debt are shown.

What graduates earn over time

Pay rises about 44% between the first and fifth year.

Franklin and Marshall College grads, year 1$52,801
Franklin and Marshall College grads, year 5$75,967
All Pennsylvania economics grads, year 5$82,972

Year 1 and year 5 figures come from different graduating classes, so the growth rate is an estimate.

Does family income change the outcome?

Graduates who received Pell Grants, which go to students from lower-income families, earned $25,945 less in their first year than other graduates. Students who expect to rely on grants should weigh this gap.

Pell Grant recipients, year 1 earnings$31,987
Other graduates, year 1 earnings$57,932

Paying back the loans

On a standard 10-year plan, the median debt means a payment of about $244 a month, or 5.5% of a graduate's typical monthly pay in the first year.

The government publishes these as ranges to protect privacy. They were measured in 2018 to 2020, partly during the pandemic pause on federal loan payments, so the forbearance share may be higher than usual.

Where graduates work, and what the pay is worth

Prices in the Lancaster area are about 2% below the national average, so a $52,801 salary here buys what about $53,738 buys in a typical US city.

Careers this field leads to

These are the jobs that the federal crosswalk from fields of study to occupations links to economics, largest first. Pay is the median across all experience levels.

Secondary School Teachers, Except Special and Career/Technical Education

$78,800

Median pay in Pennsylvania. 52,240 people work in this job in Pennsylvania. Nationally, jobs are projected to stay about the same in number from 2025 to 2035, with about 63,500 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $51,440Top 10%: $102,360

Market Research Analysts and Marketing Specialists

$68,760

Median pay in Pennsylvania. 31,040 people work in this job in Pennsylvania. Nationally, jobs are projected to grow 7% from 2025 to 2035, with about 82,000 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $34,160Top 10%: $128,810

Data Scientists

$106,850

Median pay in Pennsylvania. 13,810 people work in this job in Pennsylvania. Nationally, jobs are projected to grow 35% from 2025 to 2035, with about 24,800 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $63,340Top 10%: $162,290

Social Science Research Assistants

$54,610

Median pay in Pennsylvania. 860 people work in this job in Pennsylvania. Nationally, jobs are projected to grow 5% from 2025 to 2035, with about 4,900 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $44,710Top 10%: $81,640

About Franklin and Marshall College

Economics ranks 2nd of 11 bachelor's programs at Franklin and Marshall College by first-year earnings. The top three are Business Administration ($64,664), Economics ($52,801), and Political Science ($45,928).

Other economics bachelor's programs near Lancaster

Common questions

The median graduate earns $52,801 one year after graduating and $75,967 five years after. The median across economics bachelor's programs in Pennsylvania is $53,995.

About this data

  • Earnings and debt only include students who received federal financial aid (grants or loans).
  • Earnings only count graduates who were working and not enrolled in more school. Graduates who went straight to further study are not included.
  • Debt only includes federal loans. Private loans and credit cards are not counted.
  • Some schools with several campuses report one combined figure for all of them. We count each of those schools once, and leave them out of Pennsylvania comparisons when their main campus is in another state.
  • Scorecard figures describe graduating classes from several years ago. BLS wages are from May 2025.
  • School-level numbers like tuition, admission rate, and graduation rate are for the whole school, not the economics program.

Sources

  1. U.S. Department of Education, College Scorecard, field of study and institution files, June 2026 release
  2. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
  3. Bureau of Labor Statistics, Employment Projections 2025 to 2035
  4. Bureau of Economic Analysis, Regional Price Parities, 2024
  5. NCES, CIP 2020 to SOC 2018 crosswalk, and IPEDS institution directory, 2024

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