Is Franklin W Olin College of Engineering worth it?

Needham, MA · private-nonprofit

Verdict

Typical students pay $25,171 a year after aid, graduate with $19,500 in federal debt, and earn $105,483 six years after enrolling — an estimated monthly loan payment of $209, with a debt break-even of about 1.8 years.

Net price / year

$25,171

Admission rate

25%

Graduation rate

—

Median debt

$19,500

Earnings (6 yr)

$105,483

Earnings (10 yr)

$129,455

Est. monthly loan payment

$209

Loan-to-income ratio

18%

Debt break-even

1.8 years

How Franklin W Olin College of Engineering compares

MetricFranklin W Olin College of EngineeringMassachusettsNational
Net price$25,171$21,991$16,642
Median debt$19,500$16,222$12,377
Earnings (6 yr)$105,483$39,799$33,037
Graduation rate———

FAQ

How much does it cost to attend Franklin W Olin College of Engineering?

The federal average net price after grants and scholarships is $25,171 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Franklin W Olin College of Engineering graduates typically carry?

Students who complete a program at Franklin W Olin College of Engineering leave with a median federal debt of $19,500, based on the U.S. Department of Education's College Scorecard.

What do Franklin W Olin College of Engineering graduates earn?

Six years after enrolling, former students report median earnings of $105,483, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Franklin W Olin College of Engineering?

Graduation rate data is not currently published for this school.

Is Franklin W Olin College of Engineering worth the debt?

Based on median debt and 6-year earnings, it would take roughly 1.8 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.

Source: U.S. Department of Education College Scorecard.