Mar–Jul 2026 retrievals College Scorecard official source

Affordable Alternatives to Roanoke College

Open-data reference.

We found 9 schools structurally similar to Roanoke College that cost less. 9 offer comparable or better earnings outcomes.

Your School

Roanoke College

Salem, Virginia · Private Nonprofit

$24,503
Net Price
$58,047
Median Earnings (10yr)
83.1%
Acceptance Rate
66.6%
150%-Time Completion

What the IPEDS & College Scorecard Data Shows for Alternatives to Roanoke College

Roanoke College posts an average net price of $24,503 after grants and scholarships, the IPEDS-derived figure used to anchor this alternatives search. We screened institutions in the Integrated Postsecondary Education Data System for colleges that report a lower net price and share structural similarity with Roanoke College across six dimensions – ownership sector, Carnegie classification, undergraduate enrollment, admission rate, former-student earnings, and completion rate. 9 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $10,105, achieved by Bowdoin College at $14,398. Of greater interest to ROI-focused applicants: 9 of the 9 alternatives also report median 10-year earnings at or above Roanoke College’s $58,047, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $82,397.

The similarity scoring gives enrollment size, Carnegie classification, and ownership sector the highest weights as transparent structural matching choices. Admission and completion rates are secondary features, while net price determines which lower-cost matches appear. Net price is the average cost of attendance minus grant and scholarship aid for full-time, first-time undergraduate Title IV recipients; it describes that source cohort, not the aid a typical admitted student or any individual family will receive. It is more informative than sticker tuition for that cohort but is not a personalized quote.

Similar Schools That Cost Less

9
Alternatives Found
$10,105
Max Savings
9
Better Value Options
53%
Best Match
Top 5 alternatives by 10-yr earnings Horizontal bar chart of the top 5 items by value (USD). Top 5 alternatives by 10-yr earnings 1. Washington and Lee Universit $95k 2. Bowdoin College $83k 3. Davidson College $81k 4. Pomona College $78k 5. Amherst College $78k Compared to Roanoke College: $58k.

Source: U.S. Department of Education, College Scorecard Institution-level earnings + cost-of-attendance file · Institution data retrieved July 2026 Institution earnings use federally aided entry cohorts and are not graduate-only; net price is the cohort average for full-time, first-time undergraduate Title IV recipients.

School Net Price Savings Earnings (10yr) Graduation Similarity
Washington and Lee University
Lexington, VA · Private Nonprofit Better Value
$23,781 -$722 $94,810 94.4% 53%
Bowdoin College
Brunswick, ME · Private Nonprofit Better Value
$14,398 -$10,105 $82,735 95.4% 53%
Davidson College
Davidson, NC · Private Nonprofit Better Value
$17,379 -$7,124 $81,400 91.5% 53%
Pomona College
Claremont, CA · Private Nonprofit Better Value
$19,285 -$5,218 $77,779 93.2% 53%
Amherst College
Amherst, MA · Private Nonprofit Better Value
$23,367 -$1,136 $77,644 93.7% 53%
Swarthmore College
Swarthmore, PA · Private Nonprofit Better Value
$23,149 -$1,354 $80,257 93.2% 52%
Williams College
Williamstown, MA · Private Nonprofit Better Value
$17,716 -$6,787 $88,665 95.1% 50%
Molloy University
Rockville Centre, NY · Private Nonprofit Better Value
$24,347 -$156 $77,789 70.8% 45%
Colby College
Waterville, ME · Private Nonprofit Better Value
$17,180 -$7,323 $80,490 89.5% 44%

How We Match Schools

Our similarity engine compares schools across six dimensions: institution type (Carnegie classification), ownership (public/private), enrollment size, admission selectivity, former-student earnings, and completion rates. Each dimension is weighted by its impact on student outcomes.

Only schools with a lower average net price than Roanoke College are shown. Schools marked "Better Value" have comparable or higher median earnings at a lower cost.

Data source: U.S. Department of Education College Scorecard. Earnings are median values 10 years after enrollment, drawn from U.S. Treasury tax records. Net price is the average cost after grants and scholarships for first-time, full-time students, as reported through IPEDS.

Frequently Asked Questions

What are cheaper alternatives to Roanoke College?
We found 9 schools similar to Roanoke College that cost less. The closest match is Washington and Lee University with 53% similarity and a net price of $23,781.
What is the ROI of attending Roanoke College?
Roanoke College has an average net price of $24,503. Former students earn a median of $58,047 ten years after enrollment. The earnings-to-cost ratio is 2.4x.
Are there schools with better outcomes than Roanoke College for less money?
Yes - 9 of 9 alternatives offer comparable or higher median earnings at a lower net price. Washington and Lee University costs $23,781 (saving $722) with median earnings of $94,810.
What is the cheapest alternative to Roanoke College?
The most affordable similar school is Bowdoin College at $14,398, saving $10,105 compared to Roanoke College. It has a 53% similarity score.
How do alternative schools' earnings compare?
The 9 alternatives have an average median earnings of $82,397 compared to Roanoke College's $58,047. On average, alternatives match or exceed this school's earnings. Individual results vary, check the comparison table above.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Education College Scorecard. Consult a qualified professional before making decisions based on this data.