Randolph-Macon College

Ashland, VA 1,639 Undergrads 73.4% Grad Rate

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Total Cost

$63,985

Sticker Price

Avg Net Price

$27,866

After Aid

Median Earnings

$61,824

4yr Post-Grad

Vs. Peer Institutions

Net Price$27,866

Peer Midpoint: $20,081

Earnings (4yr Post-Grad)Completers only after graduation

$61,824

Peer Midpoint: $60,428

Earnings (10yr Post-Enroll)All enrolled after enrollment

$58,448

Peer Midpoint: $53,763

Graduation Rate73.4%

Peer Midpoint: 58.9%

Average Starting Age19.7

Socio-Economic Diversity

Pell Grant Recipients20.2%

Enrollment Status

Full-Time98.4%

Economic Outcomes

Earn More than HS79.2%

Admissions Profile

Acceptance

86.6%

SAT Avg

1,095

SAT Reading

25th: 500-75th: 630

SAT Math

25th: 480-75th: 590

ACT Composite

25th: 21-75th: 27

ROI Sensitivity Analysis

This analysis tests three cost scenarios (Scholarship, Average Net Price, Full Sticker Price) to show how college costs impact your long-term return compared to the average student and a high school graduate.

Lifetime Value Added (NPV)

Institution Lifetime NPV

Vs Median Peer

Vs HS Grad

Zero Cost (Scholarship)$0

+$550k

+$83k

+$66k

Median Cost$28k/yr

+$450k

-$17k

-$34k

Full Cost$64k/yr

+$320k

-$147k

-$164k

ROI Efficiency Metrics

Break-Even Age

Return on Inv. %

Zero Cost (Scholarship)$0

∞

Median Cost$28k/yr

Never

-34%

Full Cost$64k/yr

Never

-71%

Analysis Assumptions:

Starting Salary: Estimated from the 4-year post-graduation median earnings (assuming 2% annual growth from graduation).
Comparisons: "Vs Median Peer" compares to the median student nationwide in a similar level program. "Vs HS Grad" compares to a median high school graduate.
Break-Even: The age at which the college investment net income exceeds the median high school graduate's lifetime earnings.
NPV: Net Present Value of all future earnings minus costs and taxes, discounted at 7.8%.

Social Impact ROINew

Measures the societal return on a donor's investment. Calculated as the incremental pre-tax lifetime earnings vs. HS grad, divided by the tax-adjusted donation cost.

Donor Return-42%

Gov. Pell Grant ROINew

Measures the government's return on Pell Grants via increased tax revenue. Calculated as the portion of incremental lifetime taxes (discounted at 5.4%) attributed to the Pell Grant investment.

Taxpayer Return-75%

Important Note: Your ROI with any major will depend on the cost you pay to attend the program, and your starting salary. Both vary significantly across institutions. We encourage you to explore the ROI of a specific program variant by selecting the Program title of the credential level you are interested in. You will then have a more detailed return analysis for programs at specific institutions. We also encourage you to use the ROI calculator with your specific estimates of cost and salary.

Program ROI Analysis

Bachelor's Degrees

Accounting and Related Services

BachCIP: 5203

Median Debt

$24,156

Earnings (2yr)

$47,260

Natl Median: $76,194

Lifetime Value Added

-$138k

Archeology

BachCIP: 4503

Median Debt

Earnings (4yr)

Natl Median: $41,748

Lifetime Value Added

N/A

Area Studies

BachCIP: 0501

Median Debt

Earnings (4yr)

Natl Median: $56,625

Lifetime Value Added

N/A

Arts, Entertainment, and Media Management

BachCIP: 5010

Median Debt

Earnings (2yr)

$33,993

Natl Median: $48,240

Lifetime Value Added

-$256k

Biology, General

BachCIP: 2601

Median Debt

$24,990

Earnings (4yr)

$58,821

Natl Median: $57,214

Lifetime Value Added

-$58k

Business/Commerce, General

BachCIP: 5201

Median Debt

$27,000

Earnings (4yr)

$71,844

Natl Median: $68,407

Lifetime Value Added

+$43k

Chemistry

BachCIP: 4005

Median Debt

Earnings (4yr)

Natl Median: $65,120

Lifetime Value Added

N/A

Classics and Classical Languages, Literatures, and Linguistics

BachCIP: 1612

Median Debt

Earnings (4yr)

Natl Median: $49,429

Lifetime Value Added

N/A

Communication and Media Studies

BachCIP: 0901

Median Debt

$27,000

Earnings (4yr)

$61,867

Natl Median: $56,359

Lifetime Value Added

-$34k

Computer and Information Sciences, General

BachCIP: 1101

Median Debt

$27,000

Earnings (4yr)

Natl Median: $92,374

Lifetime Value Added

N/A

Criminology

BachCIP: 4504

Median Debt

Earnings (4yr)

Natl Median: $55,556

Lifetime Value Added

N/A

Drama/Theatre Arts and Stagecraft

BachCIP: 5005

Median Debt

Earnings (4yr)

Natl Median: $39,775

Lifetime Value Added

N/A

Economics

BachCIP: 4506

Median Debt

Earnings (5yr)

$65,198

Natl Median: $82,686

Lifetime Value Added

-$18k

Engineering Physics

BachCIP: 1412

Median Debt

$24,706

Earnings (4yr)

Natl Median: $89,154

Lifetime Value Added

N/A

English Language and Literature, General

BachCIP: 2301

Median Debt

$25,823

Earnings (4yr)

$47,804

Natl Median: $48,590

Lifetime Value Added

-$150k

Ethnic, Cultural Minority, Gender, and Group Studies

BachCIP: 0502

Median Debt

Earnings (4yr)

Natl Median: $51,710

Lifetime Value Added

N/A

Fine and Studio Arts

BachCIP: 5007

Median Debt

Earnings (4yr)

Natl Median: $41,367

Lifetime Value Added

N/A

Germanic Languages, Literatures, and Linguistics

BachCIP: 1605

Median Debt

Earnings (4yr)

Natl Median: $55,459

Lifetime Value Added

N/A

History

BachCIP: 5401

Median Debt

Earnings (5yr)

$50,503

Natl Median: $50,680

Lifetime Value Added

-$135k

International/Globalization Studies

BachCIP: 3020

Median Debt

Earnings (4yr)

Natl Median: $59,972

Lifetime Value Added

N/A

Mathematics

BachCIP: 2701

Median Debt

Earnings (2yr)

$53,810

Natl Median: $69,562

Lifetime Value Added

-$82k

Music

BachCIP: 5009

Median Debt

Earnings (4yr)

Natl Median: $42,892

Lifetime Value Added

N/A

Natural Resources Conservation and Research

BachCIP: 0301

Median Debt

Earnings (4yr)

$54,186

Natl Median: $55,012

Lifetime Value Added

-$96k

Neurobiology and Neurosciences

BachCIP: 2615

Median Debt

Earnings (4yr)

Natl Median: $62,451

Lifetime Value Added

N/A

Philosophy

BachCIP: 3801

Median Debt

Earnings (4yr)

Natl Median: $54,455

Lifetime Value Added

N/A

Physics

BachCIP: 4008

Median Debt

Earnings (4yr)

Natl Median: $76,786

Lifetime Value Added

N/A

Political Science and Government

BachCIP: 4510

Median Debt

$27,000

Earnings (4yr)

$71,111

Natl Median: $63,293

Lifetime Value Added

+$38k

Psychology, General

BachCIP: 4201

Median Debt

$25,974

Earnings (4yr)

$53,687

Natl Median: $50,706

Lifetime Value Added

-$100k

Religion/Religious Studies

BachCIP: 3802

Median Debt

Earnings (2yr)

$37,568

Natl Median: $41,390

Lifetime Value Added

-$224k

Romance Languages, Literatures, and Linguistics

BachCIP: 1609

Median Debt

Earnings (4yr)

Natl Median: $55,000

Lifetime Value Added

N/A

Social Sciences, Other

BachCIP: 4599

Median Debt

Earnings (2yr)

$29,685

Natl Median: $56,812

Lifetime Value Added

-$295k

Sociology

BachCIP: 4511

Median Debt

$25,739

Earnings (4yr)

$48,275

Natl Median: $52,657

Lifetime Value Added

-$146k

Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate (for undergraduate programs) or a median bachelor's degree holder (for graduate programs), accounting for this institution's average cost and taxes. Computed over a career to retirement age.

For graduate programs (Master's, Doctoral, etc.), the calculation assumes a starting age of 22 (after undergraduate completion) and does not include the sunk costs of prior degrees. It represents the value added of the graduate decision moving forward. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.