Median Earnings (1yr)
$49,557
32nd percentile
40th percentile in Virginia
Median Debt
$24,625
2% below national median

Analysis

Randolph-Macon's accounting graduates start below both national and state benchmarks—earning about $4,000 less than typical Virginia accounting majors—but the program shows solid momentum with a 25% earnings increase by year four. Among Virginia's 32 accounting programs, this ranks in the 40th percentile, which places it in the middle of the pack but well behind state leaders like James Madison ($71,563) and Virginia Tech ($70,303). The $24,625 median debt is manageable, translating to a debt-to-earnings ratio of 0.50 that suggests reasonable repayment prospects.

The small sample size here is worth noting—we're looking at fewer than 30 graduates, so these numbers could shift significantly with a larger cohort. That said, the pattern suggests this program delivers a traditional liberal arts college accounting education without the premium outcomes of Virginia's top-tier programs. For families weighing the full Randolph-Macon experience against a more affordable state school option, the earnings gap is real: graduates here are starting $15,000-$20,000 behind their peers at Virginia Tech or JMU.

If your child is set on the small college environment and values what Randolph-Macon offers beyond the classroom, the debt level won't create a crisis. But for families purely focused on return on investment in accounting, Virginia's larger public universities deliver stronger starting salaries without significantly higher debt loads.

Where Randolph-Macon College Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Earnings Distribution

How Randolph-Macon College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Randolph-Macon College$49,557$61,687+24%
Washington and Lee University$81,625$101,332+24%
University of Richmond$71,508$86,270+21%
Virginia Polytechnic Institute and State University$70,303$82,394+17%
James Madison University$71,563$81,138+13%

Compare to Similar Programs in Virginia

Accounting bachelors's programs at peer institutions in Virginia (32 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Randolph-Macon CollegeAshland$48,002$49,557$61,687$24,6250.50
Washington and Lee UniversityLexington$64,525$81,625$101,332$16,7500.21
James Madison UniversityHarrisonburg$13,576$71,563$81,138$22,4840.31
University of RichmondUniversity of Richmond$62,600$71,508$86,270$20,7570.29
Virginia Polytechnic Institute and State UniversityBlacksburg$15,478$70,303$82,394$18,5000.26
George Mason UniversityFairfax$13,815$67,291$80,027$21,5000.32
National Median$53,694$25,0000.47

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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-Macon College, approximately 20% 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 18 graduates with reported earnings and 24 graduates with debt data. Small samples may not be representative.