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Washington and Lee University

#1 Best Colleges in Virginia
Private nonprofit Lexington, VA · Town · Southeast · 93% data
A+ Earnings A+ Graduation A Selectivity
Graduation Rate
94% A+
Most students who enroll finish their degree here
Earnings (10yr)
$94,810 A+
Top 1% nationally — exceptional earning power
Net Price
$23,781 D+
39% more than the typical college
Acceptance Rate
14% A
Rejects about 86 of every 100 applicants
Earnings +133% vs avg
Graduation +65% vs avg
Net Price 39% vs avg
Mobility Top 95%

Bottom line: A C+ overall grade — average outcomes for a U.S. college. 26.2× return on investment — every $1 spent returns $26.2 over 20 years. Ranked #1 in Best Colleges in Virginia.

26.2× return on investment

Every $1 spent returns $26.2 over 20 years — debt pays back in ~under a year. Net gain: $2,394,627.

What The Data Says

  1. A C+ overall — outcomes above the typical U.S. college.

  2. Graduates earn 133% more than the national college median.

  3. A 94% graduation rate — 65% above the national average.

  4. Admits just 14% of applicants — one of the most selective institutions in the country.

  5. Every $1 invested returns $26.2 over 20 years — an exceptional return.

Why Washington and Lee University Matters

Washington and Lee University is a private liberal arts college in Lexington, VA and its outcomes are not an accident. They are driven by exceptional admissions selectivity and a well-connected, high-opportunity alumni network. The result: graduates whose earnings land in the top 1% of all U.S. colleges.

Interpretation generated from this school's federal outcomes, research, and mobility data.

Institutional Profile

Institution Type
Private Liberal Arts College
Carnegie Class
Baccalaureate · Arts & Sciences
Enrollment
1,881
Setting
Town
Primary Strengths
Business & Marketing, Social Sciences, Biology & Biomedical, Psychology

Why students choose Washington and Lee University

Strong STEM core
A heavy concentration in technical fields
Influential alumni network
High cross-class social capital and reach
Highly selective peer group
Surrounded by exceptionally high-achieving students
Exceptional earning outcomes
Graduate earnings in the top 1% of colleges
Close mentorship
A small, undergraduate-focused community

CollegeRanker Report Card

Graded on outcomes, against every U.S. college.

C+
Top 37% overall
A+
Earnings
$94,810 median
B
Value
4.0× net price
D+
Affordability
$23,781/yr net
A+
Graduation
94% graduate
F
Social Mobility
0.6% climb Q1→Q5
A
Selectivity
14% admit rate
C-
Diversity
0.52 index

Each grade is this school's national percentile on a real outcome — earnings, value, mobility, and more.

How we grade →

Overview

With an acceptance rate of just 14%, Washington and Lee University draws students who are serious about their education and ready to engage deeply in their studies. This private institution, located in Lexington, Virginia, is known for strong programs in Business & Marketing, Social Sciences, Biology & Biomedical, Psychology, and Physical Sciences. If you’re looking for a place that encourages critical thinking and a close-knit community, this might just be the right fit for you.

Graduates from Washington and Lee see impressive earnings, with a median income of $94,810 ten years after graduation. This kind of financial outcome suggests that students who excel here are well-prepared for the job market and often find themselves in higher-paying positions. The strong graduation rate of 94% also points to a supportive environment that helps students succeed academically and transition smoothly into their careers.

When it comes to the practicalities of attending Washington and Lee, the net price after aid stands at $23,781, which is relatively manageable given the high earning potential post-graduation. With a median debt of $19,500, students can graduate with a reasonable amount of loans, especially considering the high salaries many alumni achieve. Those who thrive here are typically driven, engaged, and ready to make the most of their educational experience.

Rankings

Can I Get In?

How selective Washington and Lee University is — and how your numbers stack up.

Tool

Will I Be Accepted?

Enter your credentials to see your chances at this school.

3.0
Test Score
1050
21

Academics & Admissions

Is It Hard to Get Into Washington and Lee University? Acceptance Rate & Requirements

Washington and Lee University, located in Lexington, Virginia, sets a competitive bar: about 14% of applicants get an offer. Admitted students typically arrive with an average SAT score near 1,498. The graduation rate is roughly 94%.

Acceptance Rate
14%
Retention Rate
97%
SAT Average
1498
ACT Midpoint
34
SAT Range
1430–1540
ACT Range
33–34
Full-Time Faculty
88%
Faculty Salary (mo)
$14,155
Student–Faculty Ratio
7:1
Diversity Index
0.52
Applicants
7,224
Admitted
1,225

Inside the Admissions Office

School-reported Common Data Set · 2024-25

The acceptance rate tells you how hard Washington and Lee University is to get into. Its Common Data Set tells you what happens once you are admitted: how many students say yes, how many arrived without test scores, and whether applying early tilts the odds. 41% of admitted students go on to enroll here, making it a school many admits weigh against other offers.

Yield Rate
41%
of admits enroll
Submitted SAT
24%
of enrolled freshmen
Submitted ACT
20%
of enrolled freshmen
Early Decision Admit Rate
33.9%
vs 14.0% overall

Applying early pays off here. Of 844 Early Decision applicants, 286 were admitted — a 33.9% admit rate, roughly 2.4× the 14.0% rate for the overall pool. That binding round alone filled about 61% of the entering class (286 of 472 first-years). The catch: Early Decision is a commitment you make before you can compare aid offers.

Test-optional, in practice. Only about 44% of enrolled freshmen submitted an SAT or ACT score, so a strong application without test scores is genuinely competitive here, not a long shot.

Source: Washington and Lee University's Common Data Set, 2024-25 View the source document on collegedata.fyi →

Can I Afford It?

What you'll actually pay after grants and aid — not the sticker price.

Cost & Financial Aid

How Much Does It Cost to Attend Washington and Lee University? Tuition, Net Price & Aid

Published tuition at Washington and Lee University is $68,045, but few families pay that. The number to watch is net price, what students actually pay each year after federal grants and institutional scholarships. Here it averages about $23,781. For the lowest-income families, those earning under $30,000, need-based grants can fully cover tuition, leaving little or nothing to pay out of pocket. The median graduate leaves with about $19,500 in federal student loans.

In-State Tuition
$68,045
Out-of-State
$68,045
Avg Net Price
$23,781
Median Debt
$19,500
Pell Grant Rate
11%
Federal Loan Rate
14%

What Families Actually Pay

Family Income $0–$30K
$-1,777
Family Income $30K–$48K
$75
Family Income $48K–$75K
$4,497
Family Income $110K+
$40,646

What Happens After?

Earnings, debt, and where graduates actually land.

Students Like You

Tell us a little about yourself to see what students like you have typically experienced at Washington and Lee University — the net price for your income, your admission odds, and the outcomes that follow. These are patterns from federal data, not predictions.

Compare schools in the full simulator →Sources: College Scorecard, Common Data Set, Opportunity Insights · today's dollars (CPI-adjusted) · descriptive, not predictive

Graduate Outcomes

Is Washington and Lee University Worth It? Graduate Earnings & ROI

Ten years out, alumni of Washington and Lee University earn a median of $94,810, well above the national average for bachelor's degree holders.

6 Years After Entry
$76,516
8 Years
$89,772
10 Years
$94,810
Debt-to-Earnings
0.21x
Earning > $25K
83%

Earnings Trajectory

$76,516 6yr $89,772 8yr $94,810 10yr

Graduation by Timeframe

100% (428)
91%
100% (428)
91%
100% (428)
91%
100% (428)
91%

How Washington Compares

Dot right of center = above national average.

NATIONAL AVGGraduation94%Earnings 10yr$95KNet Price$24KRetention97%Median Debt$20KPell Grant Rate11%

Net Price by Family Income

What families actually pay after aid, by income bracket.

$-2K$0-30K$0K$30-48K$4K$48-75K$41K$110K+

The Mobility Equation

Mobility = Access x Success. How many low-income students get in, and how many reach the top 20%?

ACCESS% from bottom 20%1.1%SUCCESS% who reach top 20%51.0%MOBILITY0.57%

College ROI Calculator

Is Washington and Lee University Worth It?

A data-driven look at the return on your educational investment — using real federal data.

Yes — for most students, Washington and Lee University delivers a positive return. Over four years, the typical net price is $23,781/year ($95,124 total). Graduates earn $94,810 at ten years, and over a 20-year career we project $2,489,751 in total earnings — a net gain of $2,394,627 (26.2× your investment). The median debt is $19,500, which takes less than a year to pay back at typical earnings. With a 94% graduation rate, the path to that return is well-tested. This is a exceptional ROI compared to national averages.

Total Cost (4yr)
$95,124
Projected 20yr Earnings
$2,489,751
Net Return
$2,394,627
ROI Multiple
26.2×
Cost Per Year
$23,781
Median Debt
$19,500
Debt Payback
Less than 1 yr
Graduation Rate
94%

Does It Change Lives?

Mobility, social capital, and innovation — does it move people up?

Social Mobility

Data: Raj Chetty's Mobility Report Card · 30M+ anonymized tax records

Does Washington and Lee University Drive Upward Mobility? Economic Mobility & Low-Income Outcomes

Washington and Lee University is a measurable contributor to upward mobility. Its mobility rate, the share of students who start in the bottom income quintile and climb to the top, is 0.57%, a more modest figure. Access is narrower: only about 1.1% of students come from the bottom income quintile, typical of more selective, higher-income institutions. Among bottom-quintile students who attend, roughly 51% go on to reach the top of the income ladder. The median family income of students sits near $226,700, a snapshot of the campus's socioeconomic mix.

Mobility Rate
0.57%
Bottom 20% → Top 20%
Success Rate
51.0%
If bottom 20% get in
From Bottom 20%
1.1%
Share of students
Parent Median Income
$308,006
today's $ (2015 cohort data)

Social Capital

Data: Opportunity Insights Social Capital Atlas

How Connected Is Washington and Lee University? Social Capital & Cross-Class Networks

Social capital, the web of cross-class friendships that researchers link to long-run upward mobility, runs high at Washington and Lee University. Its economic connectedness score is 1.82, where about 1.0 is the national norm. Its friending bias is low (0.00), a sign that students from different economic backgrounds actually mix rather than self-segregate. Around 7% of students take part in civic and volunteering activity.

Economic Connectedness
1.82
Cross-class friendships
Friending Bias
0.00
Lower = more inclusive
Volunteering Rate
6.9%
Support Ratio
1.00
Community support

Research Note

267%
Low-income students at colleges in the top quartile of economic connectedness are 267% more likely to reach the top income quintile than peers at the least-connected schools.
Data from CollegeRanker’s review of 5,745 U.S. colleges (n=1,503). Quartile comparison of mean bottom-quintile success rate, split by economic connectedness (Opportunity Insights Social Capital Atlas × Mobility Report Card).

Institutional Finances

Data: NCES IPEDS

Federal Grants
$3,089,000
Investment Income
$-38,924,000

Top Programs

The fields Washington and Lee University awards the most degrees in, by share of completions. Where federal field-of-study data exists, we show what graduates in that major earned early in their careers. Each links to its degree guide — or see what someone with your income, scores, and major would pay and earn here in the Students Like You simulator.

Early-career median earnings by major (typically 1–2 years after completion, bachelor's level where available), in today's dollars (CPI-adjusted). Source: U.S. Dept. of Education College Scorecard field of study. Distinct from the school-wide 10-year median; suppressed for small programs.

Frequently Asked Questions

Is It Hard to Get Into Washington and Lee University? Acceptance Rate & Requirements

Washington and Lee University, located in Lexington, Virginia, sets a competitive bar: about 14% of applicants get an offer. Admitted students typically arrive with an average SAT score near 1,498. The graduation rate is roughly 94%.

How Much Does It Cost to Attend Washington and Lee University? Tuition, Net Price & Aid

Published tuition at Washington and Lee University is $68,045, but few families pay that. The number to watch is net price, what students actually pay each year after federal grants and institutional scholarships. Here it averages about $23,781. For the lowest-income families, those earning under $30,000, need-based grants can fully cover tuition, leaving little or nothing to pay out of pocket. The median graduate leaves with about $19,500 in federal student loans.

Is Washington and Lee University Worth It? Graduate Earnings & ROI

Ten years out, alumni of Washington and Lee University earn a median of $94,810, well above the national average for bachelor's degree holders.

Does Washington and Lee University Drive Upward Mobility? Economic Mobility & Low-Income Outcomes

Washington and Lee University is a measurable contributor to upward mobility. Its mobility rate, the share of students who start in the bottom income quintile and climb to the top, is 0.57%, a more modest figure. Access is narrower: only about 1.1% of students come from the bottom income quintile, typical of more selective, higher-income institutions. Among bottom-quintile students who attend, roughly 51% go on to reach the top of the income ladder. The median family income of students sits near $226,700, a snapshot of the campus's socioeconomic mix.

How Connected Is Washington and Lee University? Social Capital & Cross-Class Networks

Social capital, the web of cross-class friendships that researchers link to long-run upward mobility, runs high at Washington and Lee University. Its economic connectedness score is 1.82, where about 1.0 is the national norm. Its friending bias is low (0.00), a sign that students from different economic backgrounds actually mix rather than self-segregate. Around 7% of students take part in civic and volunteering activity.

Does Washington and Lee University offer Early Decision, and does it improve admission chances?

Yes. Washington and Lee University offers a binding Early Decision plan, and it carries a real advantage: Early Decision applicants were admitted at 34%, about 2.4 times the overall 14% acceptance rate, and ED filled roughly 61% of the entering class. Because ED is binding, it makes sense only if Washington and Lee University is a clear first choice and you can commit before comparing aid offers (2024-25 Common Data Set).

Is Washington and Lee University really test-optional?

In practice, yes. Only about 44% of enrolled first-year students submitted an SAT or ACT score, so a strong application without test scores is genuinely competitive at Washington and Lee University (2024-25 Common Data Set).

What percentage of admitted students enroll at Washington and Lee University?

About 41% of admitted students choose to enroll at Washington and Lee University — its yield rate (2024-25 Common Data Set). Yield reflects how often a school wins when applicants weigh competing offers.

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