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79.8%Acceptance
$36,774Tuition
1,801Students
66%Grad Rate (6-yr)
$58,047Earnings
Private nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24Evangelical Lutheran

Student Outcomes

Graduation Rate (4-year)
68.5%
Graduation Rate (6-year)
65.9%
Retention Rate
77.9%
Median Earnings (10 years after entry)
$58,047
Median Debt at Graduation
$27,000
Student-to-Faculty Ratio
11:1
Loan Repayment Rate
73.9%
Estimated Monthly Loan Payment
$286/mo

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program
Program Level Median Earnings Median Debt
Business Administration, Management and Operations. Bachelor $36,938 $26,000
Natural Resources Conservation and Research. Bachelor $35,600 $27,000
Psychology, General. Bachelor $33,281 $27,000
Biology, General. Bachelor $30,771 $27,000
Health and Physical Education/Fitness. Bachelor $28,598 $27,000
Communication and Media Studies. Bachelor $27,476 $26,820
Sociology. Bachelor $25,658 $27,000
History. Bachelor $20,140 $27,000

Outcomes Overview

Roanoke graduates earn a median of $58,047 ten years after graduation, creating a debt-to-earnings ratio of 47% based on the typical $27,000 in student loans. Monthly loan payments of $286 consume about 6% of gross income for recent graduates. The college's strong liberal arts foundation traditionally sends students into education, business, healthcare, and social services. About 97.5% of graduates find employment or continue their education within six months. While earnings lag behind some technical programs, the broad-based education provides career flexibility that many liberal arts graduates value. The 74% loan repayment rate suggests most handle their debt successfully. Overall, Roanoke offers an average return on investment for students seeking well-rounded preparation rather than specialized training.