Analysis
Randolph College's business program graduates earn $35,971 in their first year—roughly $16,000 less than the typical Virginia business graduate and $11,500 below the national median. Among the 16 colleges offering business degrees in Virginia, this ranks in just the 10th percentile. To put that in perspective, graduates from Virginia Commonwealth University and Randolph-Macon College start at around $51,000, while even online-focused programs like Strayer deliver $55,000. The small graduating class (under 30 students) means these figures could swing significantly year to year, but the gap is too large to dismiss.
The $25,000 debt load is manageable in isolation, but paired with below-average earnings, it translates to a 0.70 debt-to-earnings ratio—meaning graduates carry debt equivalent to 70% of their first-year salary. That's not catastrophic, but it's tight for someone starting at $36,000. Parents should understand that business degrees typically offer strong earning potential, but this program significantly underperforms both state and national norms. If your child is considering Randolph for its small-college environment or other programs, that's one thing. But if business outcomes are the priority, the data suggests looking at other Virginia options where starting salaries run $15,000+ higher.
Where Randolph College Stands
Earnings vs. debt across all business/commerce bachelors's programs nationally
Earnings Distribution
How Randolph College graduates compare to all programs nationally
Compare to Similar Programs in Virginia
Business/Commerce bachelors's programs at peer institutions in Virginia (16 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $29,010 | $35,971 | — | $25,000 | 0.70 | |
| $17,488 | $57,020 | $56,664 | $47,236 | 0.83 | |
| $13,920 | $55,431 | $59,763 | $56,517 | 1.02 | |
| $16,458 | $51,669 | $60,623 | $23,750 | 0.46 | |
| $48,002 | $51,366 | — | $27,000 | 0.53 | |
| National Median | — | $47,506 | — | $26,000 | 0.55 |
Career Paths
Occupations commonly associated with business/commerce graduates
Sales Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Construction Managers
Administrative Services Managers
Facilities Managers
Security Managers
Chief Executives
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Randolph College, approximately 41% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 17 graduates with reported earnings and 21 graduates with debt data. Small samples may not be representative.