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Randolph-Macon College — ROI, Cost & Payback

Private nonprofit · Ashland, VA · 1,639 students

The verdict

Randolph-Macon College charges a net price of $27,866/yr after aid — a 4-year total of $111,464. Graduates earn a median $58,448 ten years after entry, $10,088/yr above the $48,360 high-school baseline, clearing the total in 11 years — a 20-year net return of $90,296, a slow but positive payback. (Scorecard, 2026 · our math.)

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Randolph-Macon College's 11-year payback ranks #828 of 1,280 US colleges we track — better ROI than 35% of them, and #23 of 81 in Virginia.

Better ROI than 35% of US colleges#828 of 1,280
Weakest ROIStrongest ROI
$27,866
Net price / yr
Scorecard, 2026
$58,448
Median earnings, 10 yrs
Scorecard, 2026
11 yrs
Payback
Our math, 2026
87%
Admission rate
Scorecard, 2026
Randolph-Macon College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$27,866/yrScorecard, 2026
Total net cost (4 yrs)$111,464our math
Median earnings, 10 yrs after entry$58,448Scorecard, 2026
Earnings premium over HS baseline$10,088/yrour math
Median debt (completers)$27,000Scorecard, 2026
Payback11 yrsour math
20-year net return$90,296our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.

Randolph-Macon College: frequently asked questions

Is Randolph-Macon College worth the cost?
On the numbers, yes. Randolph-Macon College charges $27,866/yr after aid ($111,464 over 4 years), and graduates earn a median $58,448 ten years out — $10,088/yr above the $48,360 high-school baseline. That clears the cost in 11 years and returns $90,296 net over 20 years, a slow but positive payback.
How long does a Randolph-Macon College degree take to pay off?
About 11 years. We divide the $111,464 four-year net cost by the $10,088/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Randolph-Macon College cost after financial aid?
The median net price is $27,866/yr — about $111,464 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Randolph-Macon College compare to other Virginia colleges?
It ranks #23 of 81 Virginia colleges we track by payback. Its $58,448 median earnings beat the national median of $43,552, and its $27,866 net price is above the national median of $16,906.