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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $48,002 | $49,557 | $61,687 | $24,625 | 0.50 | |
| $64,525 | $81,625 | $101,332 | $16,750 | 0.21 | |
| $13,576 | $71,563 | $81,138 | $22,484 | 0.31 | |
| $62,600 | $71,508 | $86,270 | $20,757 | 0.29 | |
| $15,478 | $70,303 | $82,394 | $18,500 | 0.26 | |
| $13,815 | $67,291 | $80,027 | $21,500 | 0.32 | |
| National Median | — | $53,694 | — | $25,000 | 0.47 |
Career Paths
Occupations commonly associated with accounting graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Financial and Investment Analysts
Financial Risk Specialists
Financial Examiners
Budget Analysts
Business Teachers, Postsecondary
Accountants and Auditors
Tax Examiners and Collectors, and Revenue Agents
Bookkeeping, Accounting, and Auditing Clerks
Payroll and Timekeeping Clerks
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.