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Salem, VA · Private University

Is Roanoke College Worth It?

ROI analysis based on real earnings and cost data

Good ROIRanked #2809 of 3,472 schools by ROI

Key Numbers

10-Year Earnings

$58,047

median, 10 years after enrollment

In-State Tuition

$36,774

per year

Out-of-State Tuition

$36,774

per year

Total 4-Year Cost

$147,096

tuition only (4 years)

ROI Ratio

1.58x

earnings ÷ annual tuition

Payback Period

6.4 yrs

years to recoup total cost

Graduation Rate

65.9%

6-year graduation rate

Median Debt

$27,000

at graduation

Avg Net Price

$27,786

after aid & scholarships

Earnings vs. Annual Cost

10-year median earnings compared to annual tuition

Median Earnings (10yr)$58,047
Annual Tuition$36,774
National Median Earnings$45,000

Roanoke College graduates earn $13,047 more than the national median of workers with any education level.

What You'd Actually Pay

Average net price after grants and scholarships, by family income

Under $30,000$20,269/yr
$30,000 – $48,000$19,396/yr
$48,000 – $75,000$24,279/yr
$75,000 – $110,000$26,939/yr
Over $110,000$32,137/yr

Source: IPEDS net price data. Actual costs vary based on individual financial circumstances.

Highest-Earning Majors

Top programs at Roanoke College ranked by graduate earnings

1
Health and Physical Education/Fitness.$58,080

40 graduates

2
Business Administration, Management and Operations.$53,973

94 graduates

3
Biology, General.$51,790

33 graduates

4
History.$46,933

24 graduates

5
Psychology, General.$46,137

50 graduates

Earnings shown are 4-year post-graduation medians where available, otherwise 1-year medians.

ROI by Major at Roanoke College

All available majors ranked by graduate earnings. Your major matters as much as your school.

MajorEarningsROI
Health and Physical Education/FitnessBest ROI$58,0801.6x
Business Administration, Management and Operations$53,9731.5x
Biology, General$51,7901.4x
History$46,9331.3x
Psychology, General$46,1371.3x
Natural Resources Conservation and Research(1yr data)$39,5881.1x
Sociology(1yr data)$38,9831.1x
Communication and Media StudiesLowest(1yr data)$36,2201.0x

Earnings are 4-year post-graduation medians where available, otherwise 5-year or 1-year. ROI = earnings ÷ annual tuition.

The Bottom Line

Roanoke College offers solid financial returns relative to its cost. Graduates earn $58,047 10 years after starting, $13,047 above the national median of $45,000. Graduates typically break even on their investment within 6.4 years, a reasonable timeline.

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Earnings data from the U.S. Department of Education College Scorecard. Tuition data from IPEDS. ROI calculations are for informational purposes only and reflect median outcomes.