Franklin College of Indiana vs. LEC

Should I go to Franklin College or Lake Erie College? Compare 50+ facts and figures about the colleges to help you determine if Franklin College of Indiana or LEC is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.
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Franklin College vs. Lake Erie College comparison
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Overview

 Franklin College of Indiana LEC
Location Franklin, IN Painesville, OH
Setting Large Suburban Large Suburban
Enrollment 959 906
Type Private 4 Year Private 4 Year
National Ranking
Religious Affiliation American Baptist - - -
Status Non-profit Non-profit
Website franklincollege.edu lec.edu
Team Colors                    

Costs

 Franklin College of Indiana LEC
Tuition (In State) $35,636 $33,588
Tuition (Out of State) $35,636 $33,588
Room & Board $11,305 $10,842
Avg Net Price $20,791 $22,678
Avg Grant Aid $28,290 $25,417
% Receiving Grant Aid 100% 100%

Admission

 Franklin College of Indiana LEC
Admission Chances Calculate Calculate
Applied 1,737 1,085
Admitted 1,613 587
Acceptance Rate 92.9% 54.1%
Enrolled % 15.3% 38.3%
Avg High School GPA 3.51 3.19
Typical High School Grades B+ B
Admissions Standards Easy Easy
Applicant Competition Low
ACT Range 18/25 20/26
SAT Range 970/1170 1000/1170
Submit Test Scores Not required for admission, but considered if submitted (Test Optional) Not required for admission, but considered if submitted (Test Optional)
Application Deadline Aug 1, 2024

Academics

 Franklin College of Indiana LEC
Student to Faculty Ratio 11:1 11:1
Popular Majors
  • Education (14%)
  • Social Sciences (14%)
  • Communication (13%)
  • Business (11%)
  • Biology (7%)
  • Business (36%)
  • Agriculture (12%)
  • Education (11%)
  • Recreation, Leisure and Fitness Studies (8%)
  • Psychology (6%)

Outcomes

 Franklin College of Indiana LEC
Graduation Rate 49% 53%
Median Earnings (After 10 years) $45,300 $36,600
Making Student Loan Payments 73% 62%
Median Student Loan Debt $27,000 $27,000
Median Loan Payment $279 $279

Diversity

 Franklin College of Indiana LEC
% Men 50% 55%
% Women 50% 45%
Racial Diversity Very Low Low
HBCU No No
% White 84% 77%
% Black 4% 10%
% Hispanic 2% 2%
% Native American 0% 0%
% Pacific Islander 0% 0%
% Two or More Races 4% 3%
% International 2% 4%
% Unknown Race 3% 3%

Students

 Franklin College of Indiana LEC
% In-State 93% 54%
% Out-of-State 6% 40%

Campus

 Franklin College of Indiana LEC
Campus Housing Yes Yes
Freshman Dorm Required No No
Meal Plan Yes Yes
Weekend/Evening Classes No Yes
Daycare Facility No No
Learn More Details Details

Comparable Facts

  • Franklin College is larger than than LEC based on total student enrollment (959 students vs. 906 students)

Franklin College of Indiana vs. LEC Cost Comparison

Which college is more expensive, Franklin College of Indiana or LEC?

  • Franklin College is 6.1% more expensive to attend than LEC for in-state tuition ($35,636.00 vs. $33,588.00)
  • Out of state tuition is 6.1% higher at Franklin College of Indiana than Lake Erie College ($35,636.00 vs. $33,588.00)
  • The typical actual cost that students pay to attend (average net price) is less at Franklin College than LEC ($20,791 vs. $22,678)
  • Living costs (room and board or off-campus housing budget) at Lake Erie College are 4.3% lower than costs at Franklin College ($10,842 vs. $11,305)
  • The same percent of students receive financial grant aid at Franklin College as Lake Erie College (100% vs. 100%)
  • The average total grant financial aid received by Franklin College students is 11.3% larger than aid received Lake Erie College ($28,290 vs. $25,417)

Franklin College of Indiana vs. LEC Admissions Difficulty Comparison

Which college is harder to get into, Franklin College of Indiana or LEC? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between LEC or Franklin College of Indiana .

  • The average SAT score at Franklin College (994) is 5 points higher than at LEC (989)
  • Incoming Franklin College of Indiana students have a 1 point higher average ACT score (22) than students at LEC (21)
  • Accepted freshman Franklin College of Indiana students have a 0.32 point higher average high school GPA (3.51) than students at LEC (3.19)
  • Franklin College of Indiana has a higher acceptance rate (92.9%) than LEC (54.1%)

Franklin College of Indiana vs. LEC Graduation Outcomes Comparison

Which is better, Franklin College of Indiana or LEC? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between LEC and Franklin College of Indiana.

  • The graduation rate at LEC is higher than Franklin College (53% vs. 49%)
  • Graduates from Franklin College earn on average $8,700 more per year than LEC graduates after ten years. ($45,300 vs. $36,600)
  • Lake Erie College and Franklin College of Indiana graduates both have the same median student loan debt upon graduation ($27,000 vs. $27,000)
  • Lake Erie College and Franklin College of Indiana graduates both have a median monthly student loan payment upon graduation ($279 vs. $279)
  • More Franklin College of Indiana graduates are actively paying back their federal student loan debt than former LEC students, three years after graduation. (73% vs. 62%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/