Analysis
Randolph-Macon's business program lands graduates at nearly identical earnings to Virginia's median ($51,366 vs. $51,669), which sounds reassuring until you consider they're paying a premium for that access. At a highly-selective school with test scores well above average, you'd expect stronger placement than barely middle-of-the-pack within the state. The debt load of $27,000 matches Virginia's median exactly, resulting in a debt-to-earnings ratio that's manageable but unremarkable.
The real concern is relative performance: nationally, this program ranks in the 63rd percentile—decent enough—but drops to just the 40th percentile among Virginia schools. That means graduates here earn less than six out of ten comparable business programs in-state. They're trailing for-profit options like DeVry and Strayer by $4,000-6,000 annually, which compounds dramatically over a career. Meanwhile, they're essentially matching Virginia Commonwealth's outcomes at what's likely a significantly higher sticker price for a small liberal arts college.
For families weighing Randolph-Macon's business program, the question is whether the small-school experience justifies paying more for middling outcomes. If you're staying in Virginia and career earnings matter, stronger alternatives exist at similar debt levels. The program isn't problematic—the debt is reasonable and graduates do find work—but it's not delivering the premium results you might expect from the college's selectivity.
Where Randolph-Macon College Stands
Earnings vs. debt across all business/commerce bachelors's programs nationally
Earnings Distribution
How Randolph-Macon 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)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $48,002 | $51,366 | — | $27,000 | 0.53 | |
| $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 | |
| $29,010 | $35,971 | — | $25,000 | 0.70 | |
| 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-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 65 graduates with reported earnings and 74 graduates with debt data. Small samples may not be representative.