Best Colleges in America 2022
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Overall Score: 72.84

Franklin & Marshall College

Lancaster, PA http://www.fandm.edu/
As one of the oldest liberal arts schools in the country, Franklin & Marshall has a storied history. The Pennsylvania college was founded – thanks to a donation from Benjamin Franklin – in 1787, the same year the Constitution was signed. At the time, it stood out for offering bilingual education (English and German) and was one of the only schools educating both men and women. Today, it stands out in part for its commitment to fostering strong relationships between students and professors. Nearly two-thirds of students conduct research or participate in another type of one-on-one educational experience under the guidance of a faculty mentor. Students flock to the college's social sciences, biology and business programs, or many choose to create their own interdisciplinary major. About 82% of students graduate within six years, which is slightly higher than expected based on schools with similar student communities, according to a Money analysis of graduation rates. Greek life is popular, as are dramatic and artistic events on campus, especially those at the student-run late-night restaurant and club Ben's Underground. Want to venture off the grounds? From the college town of Lancaster, you can get to Philadelphia, Baltimore and New York City by train.

Costs

Est. full price 2022-2023
$80,200
% of students who get any grants
63%
Est. price for students who receive aid
$29,600
Average price for low-income students
$14,020

Admissions

Acceptance rate
30%
Median SAT/ACT score
NA/NA
SAT/ACT required?
No
Undergraduate enrollment
2,310

Financial Aid

% of students with need who get grants
100%
% of need met
100%
% of students who get merit grants
1%
Average merit grant
$10,290

Student Success

Graduation rate
83%
Average time to a degree
4.1 years
Median student debt
$19,500
Early career earnings
$72,230
% earning more than a high school grad
79%

Notes: Students who get merit grants are full-time undergraduates who had no financial need and were awarded grants. Graduation rate measures degree completion within six years for both transfer students and first-time students. Early career earnings are the median earnings for both graduates and non-completers, 10 years after they first enrolled.

Sources: U.S. Department of Education, Peterson’s, Money/Witlytic calculations.

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