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Washington and Lee University

Lexington, VA·Private nonprofit·1,884 students
Last updated: March 22, 2026

A good fit for competitive applicants and students who want small classes and close faculty access. no major red flags in the data. graduates earn a median of $93,300 within 10 years; exceptional 95% graduation rate.

17%
Accept
1,884
Students
$23,911
Net Price
95%
Grad Rate
$93,300
Earnings
10 yr
$16,617
Debt

About This School

Washington and Lee University is a private nonprofit institution located in Lexington, Virginia with approximately 1,884 undergraduate students enrolled. Admissions are highly selective, with an acceptance rate of 17%. The average net price after financial aid is $23,911 per year. The graduation rate is 95%, and the typical graduate earns $93,300 within 10 years of enrollment.

Washington and Lee University is a private liberal arts college in Lexington, Virginia, United States. Established in 1749 as Augusta Academy, it is among the oldest institutions of higher learning in the US.

This is a strong option for students who thrive in tight-knit academic communities — a 95% graduation rate and median earnings of $93,300 a decade out suggest the experience genuinely pays off, and median debt of just $16,617 keeps the financial risk low. The 17% acceptance rate makes it a reach for most applicants, but the average net price of roughly $24K/year means it can be surprisingly affordable compared to peer schools. If you want a serious liberal arts education with a small student body (under 1,900 undergrads) and strong post-grad outcomes, W&L deserves a close look.

Founded
1749
Setting
Distant town

Popular Programs

Business & Marketing29%
Social Sciences23%
Biological Sciences11%
Psychology5%
Communications4%
Physical Sciences4%
Engineering4%
English4%

Percentage of degrees awarded. Source: College Scorecard.

Notable Alumni

Tom WolfeJoseph L. GoldsteinCy TwomblyPat RobertsonMike HenryJohn WarnerMatt BevinJoe WilsonWilliam Wilson MorganPhilippe LabroJohn J. CrittendenJohn Breckinridge

Source: Wikidata. Used for context only.

Admissions

SAT Scores

Average Composite1504
Reading 75th %ile750
Math 75th %ile780

ACT Scores

Midpoint Composite34

Cost & Financial Aid

In-State Tuition
$64,525
Out-of-State Tuition
$64,525
Avg Net Price
$23,911
after aid

Financial Aid

Students receiving Pell Grants11%
Median debt at graduation$16,617

Full Cost

After Graduation

Graduation Rate
95%
within 6 years
Retention Rate
95%
freshmen returning
Earnings (10 yr)
$93,300
after enrollment
Median Debt
$16,617
at graduation

Will This School Pay Off?

Median Debt
$16,617
at graduation
Earnings (6 yr)
$58,900
after enrollment
Earnings (10 yr)
$93,300
after enrollment
Earnings-to-Debt Ratio: 5.6x

Strong return. Graduates earn well above their debt load.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White70%
Black4%
Hispanic/Latino8%
Asian4%

Source: U.S. Department of Education College Scorecard (1,884 undergraduates).

Contact & Location

Address

Washington and Lee University

204 West Washington Street

Lexington, VA 24450-2116

View on Google Maps →

Other Schools in Virginia

Browse all Virginia schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Contextual Enrichment

School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
Trademarks

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