Washington and Lee University
#1 Best Colleges in Virginia- 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
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.
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
-
A C+ overall — outcomes above the typical U.S. college.
-
Graduates earn 133% more than the national college median.
-
A 94% graduation rate — 65% above the national average.
-
Admits just 14% of applicants — one of the most selective institutions in the country.
-
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
CollegeRanker Report Card
Graded on outcomes, against every U.S. college.
Each grade is this school's national percentile on a real outcome — earnings, value, mobility, and more.
How we grade →Admissions
Highly selective — admits about 14% of applicants, with a middle-50% SAT of 1430–1540. Run your numbers in the admissions predictor below.
Check your odds →Net price + aid
Students pay about $23,781 a year after grants and scholarships — 39% above the typical U.S. college. See net price by family income below.
See cost & aid →Earnings + debt
Graduates earn a median of $94,810 ten years after enrolling — 133% above the typical college, against $19,500 in median debt.
See outcomes →Mobility + social capital
Moves 0.6% of its students from the bottom income fifth to the top — top 95% nationally for mobility. High social capital (1.82 economic connectedness).
See mobility →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.
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.
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.
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
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.
Net Price by Family Income
What families actually pay after aid, by income bracket.
The Mobility Equation
Mobility = Access x Success. How many low-income students get in, and how many reach the top 20%?
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)
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.
- Business & Marketing 32% $78,954 early-career
- Social Sciences 17% $66,496 early-career
- Biology & Biomedical 12%
- Psychology 6%
- Engineering 6%
- Physical Sciences 5%
- Computer Science & IT 5% $109,009 early-career
- Communications 3% $50,714 early-career
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.
Top Careers
Where these majors tend to lead — common career paths for Washington and Lee University's most popular programs, ranked by median pay with our proprietary scorecard insights.
- CChief Executive Officer$189,520 · 3% growthAdaptable 64
- C+IT Manager$169,510 · 15% growthAdaptable 52
- C+Marketing Manager$156,580 · 8% growthAdaptable 64
- CPhysicist$142,850 · 5% growthAdaptable 66
- CAstronomer$142,850 · 4% growthAdaptable 66
- C+Cloud Architect$142,000 · 15% growthAdaptable 52
- B-Site Reliability Engineer$140,000 · 20% growthAdaptable 52
- CAdvertising Manager$138,730 · 6% growthAdaptable 64
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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Similar Schools
Schools with similar outcomes, selectivity, and student profiles to Washington and Lee University.
- Davidson CollegeDavidson, NC · Close peer91% grad $81,400 earn 13% acceptWhy: similar selectivity · similar grad rate · similar size
- Williams CollegeWilliamstown, MA · Close peer95% grad $88,665 earn 8% acceptWhy: similar earnings · similar selectivity · similar grad rate
- Wellesley CollegeWellesley, MA · Close peer91% grad $84,803 earn 14% acceptWhy: similar selectivity · similar grad rate · similar size
- Trinity CollegeHartford, CT · Close peer83% grad $90,779 earn 29% acceptWhy: similar earnings · similar size
- Amherst CollegeAmherst, MA · Close peer94% grad $77,644 earn 9% acceptWhy: similar selectivity · similar grad rate · similar size
- Bowdoin CollegeBrunswick, ME · Close peer95% grad $82,735 earn 7% acceptWhy: similar selectivity · similar grad rate · similar size
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.
Research Note