Program Wage and Debt Outcomes by Institution home page

Program Details
Randolph-Macon College
Business/Commerce, General (52.0101)
Bachelor's Degree

Enrollment, Awards, Wages, Debt, and Other Outcomes

Business

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

Degree Title: BA

2010 CIP Code: XXXXXX

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

Date Progam Approved to Confer Degrees: 11/2014

Enrollments and Awards
Academic Year	Fall Headcount	Annual FTE	Degrees
2018-19	158	166	53
2019-20	199	205	68
2020-21	211	215	56
2021-22	236	230	63
2022-23	262	243	65

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
4.09	114	$ 3,360

Average time-to-completion in years (transfer students)	Average credits-to-completion (transfer students)
2.64	77

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	42	11	53
2019-20	49	19	68
2020-21	42	14	56
2021-22	47	16	63
2022-23	42	23	65
Five Year Summary	222	83	305

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	9	19	1	1	305	17	244	2	305

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)		NaN
2013-14 (8 years)		NaN
2016-17 (5 years)	41	56%	$50,381	$63,169	$107,658
2018-19 (3 years)	146	64%	$43,319	$56,773	$77,634
2020-21 (18 months)	266	62%	$36,537	$46,649	$59,445

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	64	70.3%	$ 26,047	$ 26,808	$ 29,399	$ 29,845
2014-15 to 2018-19	98	68.1%	$ 25,565	$ 26,776	$ 29,037	$ 30,920
2015-16 to 2019-20	142	67.0%	$ 23,046	$ 26,797	$ 29,369	$ 31,298
2016-17 to 2020-21	174	65.9%	$ 23,130	$ 26,798	$ 30,593	$ 33,720
2017-18 to 2021-22	191	65.6%	$ 21,500	$ 26,874	$ 31,265	$ 36,934

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	65	71.4%	$ 26,776	$ 46,629	$ 54,351	$ 76,059
2014-15 to 2018-19	100	69.4%	$ 26,720	$ 34,852	$ 48,432	$ 72,856
2015-16 to 2019-20	144	67.9%	$ 26,263	$ 31,617	$ 45,697	$ 67,038
2016-17 to 2020-21	176	66.7%	$ 26,718	$ 34,141	$ 48,925	$ 74,477
2017-18 to 2021-22	193	66.3%	$ 26,718	$ 34,378	$ 47,492	$ 67,944

More Details on Enrollment History.

More Details on Degree Awards History.