84

James Madison University

Harrisonburg, Virginia · Public · 71.5% acceptance rate

ROI Score: 84/100 · Strong Value

James Madison University

Strong Value
84
ROI Score
Earnings Premium
79(0.38x)
Payback Period
85(6.7 yr)
Debt / Earnings
83(0.44)
Completion Rate
89(80%)
Repayment Rate
90(87%)

Quick Numbers

In-state tuition + fees$14,250/yr
Out-of-state tuition + fees$31,604/yr
Average net price$23,322/yr
Total 4-year cost (net)$93,288
Median earnings (10yr post-entry)$69,954
Median earnings (6yr post-entry)$46,100
Median debt at graduation$20,093
Estimated monthly loan payment$213
Estimated payback period6.7 years
6-year graduation rate79.7%
Undergraduate enrollment20,888

Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).

Net Price by Family Income

What families actually pay after grants and scholarships, by income bracket.

Family IncomeAvg Net Price/Year
$0 - $30,000$11,444
$30,001 - $48,000$12,977
$48,001 - $75,000$16,475
$75,001 - $110,000$22,343
$110,001+$30,147

Earnings by Major

Top 10 most popular majors at James Madison University with available earnings data.

MajorMedian EarningsGrade
Mental and Social Health Services and Allied Professions$67,033C
Communication and Media Studies$66,436C+
Psychology$56,212D
Registered Nursing$87,056B+
Kinesiology and Exercise Science$63,065C
Biology$62,914C
Marketing$89,944B+
Information Science$113,345B+
Liberal Arts and Sciences$58,026C+
Computer and Information Sciences$104,806B+

Earnings reflect median 4-year post-completion (or 1-year where 4-year unavailable). Grades based on debt-to-earnings ratio.

The Full Financial Picture

The sticker price at James Madison University is $14,250/year ($31,604/year out-of-state). But sticker price isn't what most students pay. After grants, scholarships, and financial aid, the average student pays a net price of $23,322/year, or roughly $93,288 over four years.

That net price varies significantly by family income. The lowest-income families (under $30,000/year) pay an average of $11,444/year, while families earning over $110,000 pay $30,147/year.

The median graduate leaves with $20,093 in federal loan debt, translating to an estimated monthly payment of $213 on a standard 10-year repayment plan. Against median earnings of $69,954 ten years out, the debt-to-earnings ratio is 0.44 - well within manageable territory.

How Graduates Do

Earnings

6 years after entry$46,100
+$11,100 vs. HS grad
10 years after entry$69,954
+$34,954 vs. HS grad
Annual earnings premium$34,954
Over median HS graduate ($35,000)

Loan Repayment

MetricThis SchoolNat'l Avg
1-year repayment84.9%52.0%
3-year repayment87.1%62.0%
5-year repayment88.1%68.0%
7-year repayment91.1%72.0%

Completion Rate

0%National avg: 60.0%100%
79.7%
6-year rate

Admissions Snapshot

Acceptance rate71.5%
SAT Math (25th-75th)570-660
SAT Reading (25th-75th)600-680
ACT Composite (25th-75th)24-29
Enrollment20,888
Pell Grant recipients17.1%
Avg faculty salary (monthly)$10,916

Compared to Similar Schools

Peer institutions matched by type, size, and selectivity.

SchoolROINet Price10yr Earnings
James Madison University (this school)
84
$23,322$69,954
William & Mary
91
$19,096$73,490
University of Delaware
86
$17,799$72,950
The University of Texas at Dallas
84
$18,267$68,227
University at Buffalo
83
$20,995$70,814
Christopher Newport University
64
$23,015$60,509

The Verdict: The Investment Pays Off

Strong Value

James Madison University delivers above-average financial returns for its graduates. At a net cost of $23,322 per year ($93,288 over four years), graduates earn a median of $69,954 ten years after enrollment. That puts the payback period at roughly 6.7 years - a solid return on the investment.

The data highlights several strengths: strong earnings premium over high school graduates, a 79.7% graduation rate, manageable debt relative to earnings, high loan repayment success.

Median debt of $20,093 is very manageable against $69,954 in annual earnings - well within the financial advisor rule of thumb that total debt should not exceed first-year salary.

Rankings & Links

Guides & Tools

Data: College Scorecard API (U.S. Department of Education)

Vintage: 2024-2025 · Last updated: 2026-03-25

Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.