Degree Dividend
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Roanoke College — ROI, Cost & Payback

Private nonprofit · Salem, VA · 1,767 students

The verdict

Roanoke College charges a net price of $24,503/yr after aid — a 4-year total of $98,012. Graduates earn a median $58,047 ten years after entry, $9,687/yr above the $48,360 high-school baseline, clearing the total in 10.1 years — a 20-year net return of $95,728, a slow but positive payback. (Scorecard, 2026 · our math.)

Share
$24,503
Net price / yr
Scorecard, 2026
$58,047
Median earnings, 10 yrs
Scorecard, 2026
10.1 yrs
Payback
Our math, 2026
83%
Admission rate
Scorecard, 2026
Roanoke College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$24,503/yrScorecard, 2026
Total net cost (4 yrs)$98,012our math
Median earnings, 10 yrs after entry$58,047Scorecard, 2026
Earnings premium over HS baseline$9,687/yrour math
Median debt (completers)$27,000Scorecard, 2026
Payback10.1 yrsour math
20-year net return$95,728our 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.