Est. Earnings (1yr)
$67,911
Est. from national median (47 programs)
Est. Median Debt
$26,459
Est. from national median (24 programs)

Analysis

Is a liberal arts college the right place to study engineering? At Randolph-Macon, peer programs nationally suggest first-year earnings around $68,000 with an estimated debt load of $26,500—a manageable 0.39 ratio that falls squarely in line with what you'd expect from a solid engineering degree. However, the bigger question is whether this small program can compete with Virginia's established engineering schools, where the median graduate earns $71,000 and carries slightly less debt.

The gap matters more than it might appear. James Madison's engineering graduates report earnings at that higher Virginia benchmark, and larger programs typically offer advantages that are hard to replicate: well-established industry connections, more specialized faculty, robust lab facilities, and alumni networks that actively recruit. Small engineering cohorts can struggle to maintain ABET accreditation across multiple disciplines, potentially limiting career flexibility. With an 83% admission rate and modest SAT scores, Randolph-Macon serves a different mission than engineering-focused institutions.

If your child is drawn to the small-college experience and has confirmed this program offers their specific engineering concentration with proper accreditation, the estimated financial picture isn't alarming. But you should verify exactly what engineering disciplines are available, check the program's accreditation status, and compare job placement rates with Virginia Tech, UVA, or JMU—schools where the engineering infrastructure and industry partnerships run much deeper.

Where Randolph-Macon College Stands

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

Compare to Similar Programs in Virginia

Engineering bachelors's programs at peer institutions in Virginia (8 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Randolph-Macon CollegeAshland$48,002$67,911*$26,459*
James Madison UniversityHarrisonburg$13,576$71,176*$77,261$25,000*0.35
National Median$67,911*$26,056*0.38
* Estimated from similar programs

Career Paths

Occupations commonly associated with engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Engineers, All Other

All engineers not listed separately.

Energy Engineers, Except Wind and Solar

Design, develop, or evaluate energy-related projects or programs to reduce energy costs or improve energy efficiency during the designing, building, or remodeling stages of construction. May specialize in electrical systems; heating, ventilation, and air-conditioning (HVAC) systems; green buildings; lighting; air quality; or energy procurement.

Mechatronics Engineers

Research, design, develop, or test automation, intelligent systems, smart devices, or industrial systems control.

Microsystems Engineers

Research, design, develop, or test microelectromechanical systems (MEMS) devices.

Photonics Engineers

Design technologies specializing in light information or light energy, such as laser or fiber optics technology.

Robotics Engineers

Research, design, develop, or test robotic applications.

Nanosystems Engineers

Design, develop, or supervise the production of materials, devices, or systems of unique molecular or macromolecular composition, applying principles of nanoscale physics and electrical, chemical, or biological engineering.

Wind Energy Engineers

Design underground or overhead wind farm collector systems and prepare and develop site specifications.

Solar Energy Systems Engineers

Perform site-specific engineering analysis or evaluation of energy efficiency and solar projects involving residential, commercial, or industrial customers. Design solar domestic hot water and space heating systems for new and existing structures, applying knowledge of structural energy requirements, local climates, solar technology, and thermodynamics.

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.

Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 47 similar programs. Actual outcomes may vary.