Analysis
Engineering physics programs nationally produce median first-year earnings around $57,500—a solid figure for a STEM bachelor's—and similar programs suggest graduates from Randolph-Macon's program would follow this trajectory. The debt load of $24,706 is exactly on par with the national median for this credential, creating a debt-to-earnings ratio of 0.43 that should be manageable for an engineering graduate. What's uncertain here is whether a small liberal arts college with an 83% admission rate and below-average SAT scores can deliver the same outcomes as the larger research universities that dominate engineering physics nationally.
The numbers work on paper, but there's real risk in choosing a less selective school for such a specialized engineering field. Randolph-Macon enrolls only 20% Pell grant recipients, suggesting limited socioeconomic diversity, and the suppressed data means we can't verify whether their specific graduates are actually hitting those national benchmarks. Engineering physics is a rigorous program that typically leads to graduate school or specialized industry positions—paths that may be harder to access from a smaller, less-connected institution.
If your child is set on engineering physics and Randolph-Macon offers something specific they want, the debt level won't be prohibitive. But compare this program directly to Virginia Tech, UVA, or other flagship engineering schools where outcomes data exists and employer networks run deep.
Where Randolph-Macon College Stands
Earnings vs. debt across all engineering physics bachelors's programs nationally
Compare to Similar Programs Nationally
Engineering Physics bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $48,002 | $57,457* | — | $24,706 | — | |
| $21,186 | $72,858* | $87,900 | $21,500 | 0.30 | |
| $8,315 | $68,379* | $75,848 | $27,000 | 0.39 | |
| $16,004 | $64,304* | $92,842 | $20,136 | 0.31 | |
| $9,708 | $58,025* | $67,485 | $19,521 | 0.34 | |
| $42,304 | $56,889* | — | $23,667 | 0.42 | |
| National Median | — | $57,457* | — | $24,706 | 0.43 |
Career Paths
Occupations commonly associated with engineering physics graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Physicists
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
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 8 similar programs. Actual outcomes may vary.