Analysis
The debt-to-earnings picture here looks manageable on paper—estimated first-year earnings of $46,641 against $23,120 in debt creates a 0.50 ratio that falls comfortably below the concerning 1.0 threshold. However, these numbers come from peer programs rather than Randolph-Macon's actual physics graduates, so they represent what's typical for Virginia physics bachelor's programs, not what this specific college delivers. The estimated earnings align almost exactly with Virginia's median for physics degrees, suggesting neither particular advantage nor disadvantage compared to state peers.
What deserves attention is the comparison to Virginia Tech's physics program, where graduates earn $58,061—about $11,000 more in their first year. That gap matters significantly when you're carrying student debt. Randolph-Macon's more selective atmosphere (83% admission rate versus Tech's larger program) might offer benefits like smaller classes and closer faculty mentorship, but you're potentially trading substantial early earnings for that environment. The school's relatively low Pell enrollment (20%) suggests it serves a more affluent student body, which may or may not align with your family's financial situation.
Given that both earnings and debt figures are estimates based on similar programs elsewhere, ask Randolph-Macon's career services office directly about physics graduate outcomes. Where do their physics majors actually work after graduation? What percentage continue to graduate school? Without actual data from this program, you're essentially betting that their outcomes mirror other small Virginia physics departments.
Where Randolph-Macon College Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Virginia
Physics bachelors's programs at peer institutions in Virginia (24 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $48,002 | $46,641* | — | $23,120* | — | |
| $15,478 | $58,061* | $67,271 | $27,000* | 0.47 | |
| $20,484 | $46,641* | — | —* | — | |
| $16,458 | $39,804* | — | $25,250* | 0.63 | |
| National Median | — | $47,670* | — | $23,304* | 0.49 |
Career Paths
Occupations commonly associated with physics graduates
Physicists
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Physics Teachers, Postsecondary
Secondary School Teachers, Except Special and Career/Technical Education
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 median of 3 similar programs in VA. Actual outcomes may vary.