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James Madison University — ROI, Cost & Payback

Public · Harrisonburg, VA · 20,888 students

The verdict

James Madison University charges a net price of $23,322/yr after aid — a 4-year total of $93,288. Graduates earn a median $69,954 ten years after entry, $21,594/yr above the $48,360 high-school baseline, clearing the total in 4.3 years — a 20-year net return of $338,592, a strong payback — the degree clears its cost fast. (Scorecard, 2026 · our math.)

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James Madison University's 4.3-year payback ranks #330 of 1,280 US colleges we track — better ROI than 74% of them, and #12 of 81 in Virginia.

Better ROI than 74% of US colleges#330 of 1,280
Weakest ROIStrongest ROI
$23,322
Net price / yr
Scorecard, 2026
$69,954
Median earnings, 10 yrs
Scorecard, 2026
4.3 yrs
Payback
Our math, 2026
72%
Admission rate
Scorecard, 2026
James Madison University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$23,322/yrScorecard, 2026
Total net cost (4 yrs)$93,288our math
Median earnings, 10 yrs after entry$69,954Scorecard, 2026
Earnings premium over HS baseline$21,594/yrour math
Median debt (completers)$20,093Scorecard, 2026
Payback4.3 yrsour math
20-year net return$338,592our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on James Madison University's own numbers. Net price $23,322 × 4 years = $93,288 total. Median earnings $69,954 − the $48,360 high-school baseline = $21,594 a year of premium. $93,288 ÷ $21,594 = 4.3 years to break even; twenty years of that premium minus the cost leaves $338,592. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.

How much debt do James Madison University students graduate with?

A median $20,093 in federal loans among completers, or 29% of the $69,954 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of James Madison University students graduate?

80% finish their degree. Spread the $93,288 bill across that completion rate and the cohort pays $116,610 per graduate produced — our math, and the figure a payback number never shows.

Is James Madison University expensive compared with other Virginia colleges?

Its $23,322 net price runs $4,256 above the $19,066 median across the 81 Virginia colleges we profile, or $17,024 more across the full degree.

James Madison University: frequently asked questions

Is James Madison University worth the cost?
On the numbers, yes. James Madison University charges $23,322/yr after aid ($93,288 over 4 years), and graduates earn a median $69,954 ten years out — $21,594/yr above the $48,360 high-school baseline. That clears the cost in 4.3 years and returns $338,592 net over 20 years, a strong payback — the degree clears its cost fast.
How long does a James Madison University degree take to pay off?
About 4.3 years. We divide the $93,288 four-year net cost by the $21,594/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does James Madison University cost after financial aid?
The median net price is $23,322/yr — about $93,288 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does James Madison University compare to other Virginia colleges?
It ranks #12 of 81 Virginia colleges we track by payback. Its $69,954 median earnings beat the national median of $43,549, and its $23,322 net price is above the national median of $16,902.