Program Wage and Debt Outcomes by Institution home page

Program Details
Randolph-Macon College
Psychology, General (42.0101)
Bachelor's Degree

Enrollment, Awards, Wages, Debt, and Other Outcomes

Psychology

Program Status: Active/Approved to Enroll Students and Confer Degrees

Degree Title: BA

2010 CIP Code: 420101

	Credit Hours	Program Offered
On-Campus:	Yes	No
Off-Campus:	Yes	No

Date Progam Approved to Confer Degrees: Before SCHEV

Enrollments and Awards
Academic Year	Fall Headcount	Annual FTE	Degrees
2018-19	80	89	24
2019-20	99	109	20
2020-21	129	134	41
2021-22	107	106	27
2022-23	103	101	24

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
3.96	119	$ 2,436

Average time-to-completion in years (transfer students)	Average credits-to-completion (transfer students)
2.50	78

The table to the right provides the degree award history of each the last five years, disaggregated by state residency. This breakout may may help explain why a relatively low percentage of program completers may appear to be working in Virginia.

Program Graduates by Domicile
Year	In-State	Out-of-State	Total
2018-19	20	4	24
2019-20	17	3	20
2020-21	30	11	41
2021-22	19	8	27
2022-23	22	2	24
Five Year Summary	108	28	136

Distribution by Gender and Race/Ethnicity within Five-year Totals,

Year	Foreign/ International	African Am. or Black (NH)	Am. Indian/ Native Am. (NH)	Asian/ Pacific Islander (NH)	Hispanic	White, Caucasian Am. (NH)	Multi-Race (NH)	Unknown/ Unreported (NH)	Total
Sum of the Last 5 Years	1	14	0	3	136	10	100	1	136

Wages Earned in 2020

The table below shows the wage data for the select program and places it in the context of all wages at the same degree level of this institution by graduates with at least three (3) quarters of employment.

Post-Completion Wage Outcomes, Earnings in 2022
Graduation Year	Grads (n)	Grads w/Wages (n)	25th Percentile	Median Wage	75th Percentile
2011-12 (10 years)	123	47%	$52,448	$59,594	$78,856
2013-14 (8 years)	131	50%	$42,834	$56,559	$68,521
2016-17 (5 years)	142	54%	$36,811	$50,179	$64,598
2018-19 (3 years)	151	58%	$28,523	$43,160	$54,185
2020-21 (18 months)	137	69%	$18,604	$31,780	$48,548

Student Debt of Graduates

Number of Borrowers and Known Debt at Graduation
	Borrowers (n)	Borrowers (%)	25th Percentile	Median	Mean	75th Percentile
2013-14 to 2017-18	103	73.6%	$ 26,840	$ 27,922	$ 35,792	$ 43,123
2014-15 to 2018-19	103	72.0%	$ 26,772	$ 27,420	$ 35,118	$ 39,288
2015-16 to 2019-20	81	67.5%	$ 26,718	$ 26,922	$ 32,985	$ 38,844
2016-17 to 2020-21	91	69.5%	$ 25,163	$ 26,878	$ 32,067	$ 38,498
2017-18 to 2021-22	92	67.6%	$ 23,208	$ 26,878	$ 30,805	$ 35,076

Note: Student borrowing at graduation, excludes PLUS loans, in five-year rollups. Includes all known institutionally-processed borrowing occuring at all public and nonprofit institutions in Virginia. Debt accrued outside Virginia in prior postsecondary activity is not available.

Number of Borrowers and Known Debt at Graduation, Including Parent-PLUS and Grad-PLUS
	Borrowers (n)	Borrowers (%)	25th Percentile	Median	Mean	75th Percentile
2013-14 to 2017-18	104	74.3%	$ 27,460	$ 48,892	$ 56,379	$ 74,898
2014-15 to 2018-19	104	72.7%	$ 27,000	$ 45,100	$ 55,812	$ 75,747
2015-16 to 2019-20	83	69.2%	$ 26,840	$ 44,868	$ 54,896	$ 74,183
2016-17 to 2020-21	93	71.0%	$ 26,798	$ 43,888	$ 53,637	$ 71,074
2017-18 to 2021-22	94	69.1%	$ 26,720	$ 43,489	$ 51,437	$ 71,074

More Details on Enrollment History.

More Details on Degree Awards History.