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Best Master's Programs in Virginia
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Choosing a master's program can be a pivotal decision, especially in Virginia, where a diverse range of options exist. With 40 schools offering graduate programs, students are evaluating their potential returns on investment and career opportunities post-graduation. For instance, graduates from Washington and Lee University report earnings of nearly $95,000, highlighting the financial benefits of selecting the right program.
What sets apart the top-performing schools on this list is not just their academic reputation, but the outcomes that directly impact students' futures. Metrics such as earnings after graduation, graduation rates, net price, and student debt levels provide a clearer picture of what to expect. The schools listed here illustrate the trade-offs between cost and potential salary, helping prospective students make informed choices about their education.
Take Washington and Lee University and George Mason University as examples. Washington and Lee boasts an impressive 94% graduation rate and an average earning of $94,810, while George Mason's graduation rate is significantly lower at 69% with earnings of $76,343. The contrast in financial outcomes and completion rates makes a strong case for weighing these factors carefully as students consider their options.
Key Findings
Washington and Lee University graduates earn an average of $94,810.
The University of Virginia has a 95% graduation rate, one of the highest on this list.
George Mason University has a graduation rate of only 69%, indicating potential challenges in program completion.
The average earnings for graduates across these programs is $57,215, showing a wide range of outcomes.
Quick Numbers
Earnings vs. Cost
Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.
Graduation Rates
Longer bars = higher graduation rate.
Top 3
Washington and Lee University
Lexington, VA
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William & Mary
Williamsburg, VA
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Virginia Polytechnic Institute and State University
Blacksburg, VA
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Full Rankings
Washington and Lee University
Lexington, VA · 1,881 students · Private nonprofit
William & Mary
Williamsburg, VA · 7,055 students · Public
Virginia Polytechnic Institute and State University
Blacksburg, VA · 30,923 students · Public
University of Virginia's College at Wise
Wise, VA · 1,101 students · Public
James Madison University
Harrisonburg, VA · 20,888 students · Public
Virginia Military Institute
Lexington, VA · 1,527 students · Public
University of Richmond
University of Richmond, VA · 2,980 students · Private nonprofit
University of Virginia-Main Campus
Charlottesville, VA · 17,597 students · Public
George Mason University
Fairfax, VA · 27,752 students · Public
University of Mary Washington
Fredericksburg, VA · 3,566 students · Public
Christopher Newport University
Newport News, VA · 4,365 students · Public
Virginia Commonwealth University
Richmond, VA · 20,753 students · Public
Longwood University
Farmville, VA · 3,015 students · Public
Old Dominion University
Norfolk, VA · 17,514 students · Public
Radford University
Radford, VA · 6,038 students · Public
Randolph College
Lynchburg, VA · 658 students · Private nonprofit
Eastern Mennonite University
Harrisonburg, VA · 754 students · Private nonprofit
Bridgewater College
Bridgewater, VA · 1,400 students · Private nonprofit
Sweet Briar College
Sweet Briar, VA · 443 students · Private nonprofit
Emory & Henry University
Emory, VA · 1,078 students · Private nonprofit
Virginia Wesleyan University
Virginia Beach, VA · 1,256 students · Private nonprofit
Roanoke College
Salem, VA · 1,767 students · Private nonprofit
Virginia State University
Petersburg, VA · 5,074 students · Public
Averett University
Danville, VA · 1,231 students · Private nonprofit
Hollins University
Roanoke, VA · 665 students · Private nonprofit
Marymount University
Arlington, VA · 1,810 students · Private nonprofit
Hampton University
Hampton, VA · 3,727 students · Private nonprofit
Shenandoah University
Winchester, VA · 2,116 students · Private nonprofit
Southern Virginia University
Buena Vista, VA · 936 students · Private nonprofit
Hampden-Sydney College
Hampden-Sydney, VA · 946 students · Private nonprofit
Ferrum College
Ferrum, VA · 699 students · Private nonprofit
Norfolk State University
Norfolk, VA · 5,392 students · Public
Mary Baldwin University
Staunton, VA · 1,090 students · Private nonprofit
Bluefield University
Bluefield, VA · 614 students · Private nonprofit
Randolph-Macon College
Ashland, VA · 1,639 students · Private nonprofit
University of Lynchburg
Lynchburg, VA · 1,577 students · Private nonprofit
Virginia Union University
Richmond, VA · 1,203 students · Private nonprofit
Regent University
Virginia Beach, VA · 4,729 students · Private nonprofit
Liberty University
Lynchburg, VA · 50,012 students · Private nonprofit
Bryant & Stratton College-Virginia Beach
Virginia Beach, VA · 1,709 students · Private nonprofit
Virginia's master's programs reveal a significant disparity in graduate outcomes that can be overlooked. For example, Washington and Lee University leads in both earnings and graduation rates, while George Mason University, despite its lower costs, struggles with a much lower completion rate and earnings. This contrast emphasizes the importance of not only the program's cost but also the quality of education and support provided to students.
As you sift through these 40 schools, consider what truly matters to you. Are you prioritizing low debt, high earnings, or perhaps a specific program focus? Think about your personal circumstances—location, campus culture, and financial commitments. Aligning these factors with the data on this list will help you find a program that fits your needs.
Ultimately, the journey from a master's program to a stable career is shaped by the choices we make today. Each decision, from the school we choose to the financial implications, can set the tone for our future. For one family, investing in a program with a strong track record like Washington and Lee might lead to financial security, while another might focus on a more affordable option that fits their lifestyle better. These decisions are not just numbers—they represent real lives and futures.
Data Sources
U.S. Dept of Education College Scorecard
Opportunity Insights Mobility Report Card
Social Capital Atlas
Times Higher Education World Rankings
NCES IPEDS
Sources & Citations
David Krug
Co-Founder, CollegeRanker
David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.
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