DegreeCalc

Mining Engineering Degree in Franklin, TN — Salary & ROI 2026

Mining Engineering degree analysis for Franklin, TN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$59K

COL-adjusted

Mid-Career

$130K

COL-adjusted

ROI Payback

5.8 yrs

in Franklin

Cost of Living

118.5

index (100 = avg)

Mining Engineering in Franklin, TN Overview

While Franklin has a smaller college scene with 4 institutions, Mining Engineering students benefit from lower tuition costs. Room and board averages $15,807/year, and the car-friendly layout shapes the student experience. Mining Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Mine Design and Explosives. The adjusted starting salary in Franklin is approximately $59,250, growing to $130,350 by mid-career.

Category

Engineering

Local Colleges

4

Public Tuition

$10,100/yr

Private Tuition

$32,000/yr

Room & Board

$15,807/yr

Avg Fin. Aid

$15,962/yr

Unemployment

3.6%

Graduation Rate

56%

Mining Engineering Salary in Franklin (COL-Adjusted)

Salaries adjusted for Franklin's cost of living index of 118.5 (national average = 100).

Entry Level (0-2 yrs)
$59,250(+$9,250 vs national)
Mid Career (5-9 yrs)
$130,350(+$20,350 vs national)
Senior Level (15+ yrs)
$159,975(+$24,975 vs national)

Note: National average Mining Engineering salary: $50,000 starting, $110,000 mid-career, $135,000 senior level.Franklin adjustment factor: 1.19x based on the local cost of living index.

Mining Engineering ROI Calculator for Franklin

Estimate your return on investment for a Mining Engineering degree using local Franklin tuition and cost of living data.

Public avg: $10,100 | Private avg: $32,000

Franklin avg aid: $15,962/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$103,628

tuition + room & board - aid

Annual Earnings Premium

$17,775

vs HS diploma in Franklin

ROI Payback Period

5.8 years

to break even

Lifetime Return in Franklin

$939,172

Lifetime earnings premium ($1,042,800) minus total education cost ($103,628)

Student Loan Payoff for Mining Engineering in Franklin

Standard Plan (10 years)

Loan Amount$103,628
Monthly Payment$1,177
Total Interest$37,573
% of Monthly Income24%

Aggressive Plan (5 years)

Loan Amount$103,628
Monthly Payment$2,028
Total Interest$18,028
Interest Savings$19,545

Colleges in Franklin for Mining Engineering

Franklin State University

public

$10,603/yr

$42,412 total

Community Colleges (2-Year Transfer)

Franklin Community College

$5,615/yr

Top Employers for Mining Engineering in Franklin

Franklin offers opportunities in Engineering firms, Manufacturing, Defense contractors for Mining Engineering graduates. National top employers in this field include:

Freeport-McMoRanRio TintoBHPNewmontCaterpillar

Key Franklin Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Mining Engineering Job Titles

Mining EngineerMine ManagerGeological Engineer

Mining Engineering Degree in Franklin — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Mining Engineering ROI in other cities, or explore other majors in Franklin.

Frequently Asked Questions

Related Calculators