Skip to content

Needham, MA · Private University

Is Franklin W Olin College of Engineering Worth It?

ROI analysis based on real earnings and cost data

Strong ROIRanked #2362 of 3,472 schools by ROI

Key Numbers

10-Year Earnings

$129,455

median, 10 years after enrollment

In-State Tuition

$64,458

per year

Out-of-State Tuition

$64,458

per year

Total 4-Year Cost

$257,832

tuition only (4 years)

ROI Ratio

2.01x

earnings ÷ annual tuition

Payback Period

2.7 yrs

years to recoup total cost

Graduation Rate

92.2%

6-year graduation rate

Median Debt

$19,500

at graduation

Avg Net Price

$20,575

after aid & scholarships

Earnings vs. Annual Cost

10-year median earnings compared to annual tuition

Median Earnings (10yr)$129,455
Annual Tuition$64,458
National Median Earnings$45,000

Franklin W Olin College of Engineering graduates earn $84,455 more than the national median of workers with any education level.

What You'd Actually Pay

Average net price after grants and scholarships, by family income

Under $30,000$7,058/yr
$30,000 – $48,000$4,690/yr
$48,000 – $75,000$13,333/yr
$75,000 – $110,000$21,098/yr
Over $110,000$46,317/yr

Source: IPEDS net price data. Actual costs vary based on individual financial circumstances.

Highest-Earning Majors

Top programs at Franklin W Olin College of Engineering ranked by graduate earnings

1
Engineering, General.$114,228

28 graduates

2
Mechanical Engineering.$96,456

18 graduates

Earnings shown are 4-year post-graduation medians where available, otherwise 1-year medians.

ROI by Major at Franklin W Olin College of Engineering

All available majors ranked by graduate earnings. Your major matters as much as your school.

MajorEarningsROI
Engineering, GeneralBest ROI$114,2281.8x
Mechanical Engineering$96,4561.5x

Earnings are 4-year post-graduation medians where available, otherwise 5-year or 1-year. ROI = earnings ÷ annual tuition.

The Bottom Line

Franklin W Olin College of Engineering stands out as a strong financial investment among U.S. colleges. Graduates earn $129,455 10 years after starting, $84,455 above the national median of $45,000. The investment pays for itself in roughly 2.7 years, faster than most colleges.

Ready to apply to Franklin W Olin College of Engineering?

See your odds of admission based on your GPA and test scores.

Earnings data from the U.S. Department of Education College Scorecard. Tuition data from IPEDS. ROI calculations are for informational purposes only and reflect median outcomes.