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Washington and Lee University

Lexington, VA·Private nonprofit·1,881 students
Last updated: March 22, 2026

A good fit for high-achieving applicants seeking a top-tier program 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 94% graduation rate.

14%
Accept
1,881
Students
$23,781
Net Price
94%
Grad Rate
$93,300
Earnings
10 yr
$19,500
Debt

About This School

Washington and Lee University is a private nonprofit institution located in Lexington, Virginia with approximately 1,881 undergraduate students enrolled. Admissions are highly selective, with an acceptance rate of 14%. The average net price after financial aid is $23,781 per year. The graduation rate is 94%, 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
Avg Faculty Salary
$14,155

Popular Programs

Business & Marketing32%
Social Sciences15%
Biological Sciences10%
Psychology9%
Engineering4%
Communications4%
Computer Science3%
Visual & Performing Arts2%

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

Test Policy: Considered but not required

SAT Scores

Average Composite1498
Reading 75th %ile760
Math 75th %ile780

ACT Scores

Midpoint Composite34

Cost & Financial Aid

In-State Tuition
$68,045
Out-of-State Tuition
$68,045
Avg Net Price
$23,781
after aid

Net Price by Family Income

Under $30k$-1,777
$30–48k$75
$48–75k$4,497
$75–110k$8,162
$110k+$40,646

Average annual cost after grants/scholarships, by household income. Source: U.S. Department of Education College Scorecard.

Financial Aid

Students receiving Pell Grants11%
Median debt at graduation$19,500

Full Cost

After Graduation

Graduation Rate
94%
within 6 years
Retention Rate
97%
freshmen returning
Earnings (10 yr)
$93,300
after enrollment
Median Debt
$19,500
at graduation

Earnings 6 Years After Enrollment, by Gender

Male graduates$65,900
Female graduates$52,700

Gap: 20% less for female graduates. National avg ~16%.

Will This School Pay Off?

Median Debt
$19,500
at graduation
Earnings (6 yr)
$58,900
after enrollment
Earnings (10 yr)
$93,300
after enrollment
Earnings-to-Debt Ratio: 4.8x

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

White68%
Black5%
Hispanic/Latino9%
Asian5%
Two or more races4%
International8%

Source: U.S. Department of Education College Scorecard (1,881 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.
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