Analysis
Roanoke College's business program sits right in the middle of the packβliterally. With first-year earnings of $45,557, graduates land almost exactly at the national median, though they do slightly better within Virginia, ranking in the 60th percentile among the state's 43 business programs. The debt load of $26,429 is manageable, translating to a debt-to-earnings ratio of 0.58, which means graduates owe roughly seven months of income. That's a reasonable starting point for a business degree, and the 19% earnings growth to $53,973 by year four suggests steady career progression.
The challenge is the ceiling. Even with solid growth, four-year earnings remain well below Virginia's strongest business programsβJMU graduates earn $65,931, while Virginia Tech alumni reach $60,678. For a private liberal arts college, Roanoke's outcomes reflect its broader admission profile (80% acceptance rate, modest test scores) rather than delivering a premium on investment. If your child is drawn to a small-college experience and values close faculty relationships, Roanoke offers stability without financial disaster. But if maximizing earning potential is the priority, particularly for an in-state family, the state's public universities deliver significantly stronger returns at lower cost. This is a safe bet, not a standout one.
Where Roanoke College Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Roanoke 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 |
|---|---|---|---|
| Roanoke College | $45,557 | $53,973 | +18% |
| Washington and Lee University | $76,627 | $98,403 | +28% |
| William & Mary | $75,038 | $85,678 | +14% |
| University of Richmond | $68,151 | $79,209 | +16% |
| James Madison University | $65,931 | $68,297 | +4% |
Compare to Similar Programs in Virginia
Business Administration, Management and Operations bachelors's programs at peer institutions in Virginia (43 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $36,774 | $45,557 | $53,973 | $26,429 | 0.58 | |
| $64,525 | $76,627 | $98,403 | β | β | |
| $25,040 | $75,038 | $85,678 | $19,812 | 0.26 | |
| $62,600 | $68,151 | $79,209 | $20,500 | 0.30 | |
| $13,576 | $65,931 | $68,297 | $19,750 | 0.30 | |
| $15,478 | $60,678 | $60,297 | $22,535 | 0.37 | |
| National Median | β | $45,703 | β | $26,000 | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
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 Roanoke College, approximately 24% 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 94 graduates with reported earnings and 108 graduates with debt data. Small samples may not be representative.