Business Administration, Management and Operations at Washington and Lee University
Bachelor's Degree
wlu.eduAnalysis
Washington and Lee's business program delivers exceptional outcomes that justify its selectivity. Graduates earn $76,627 in their first year—outperforming 95% of business programs nationally and matching William & Mary as the top earner in Virginia. While the $27,000 debt figure is estimated from comparable Virginia programs (the actual graduate count is too small for the DOE to publish), this debt level would represent just 35% of first-year earnings, well below the rule-of-thumb threshold for manageable education debt.
The earnings trajectory looks strong beyond that initial placement. Four-year earnings of $98,403 represent 28% growth, and given the school's 17% admission rate and students' 1504 average SAT score, these graduates are likely accessing competitive finance and consulting roles that compound advantages over time. The challenge for families is that with only 11% of students receiving Pell grants, this environment overwhelmingly serves affluent students who may have safety nets that make debt less consequential.
For families considering full-pay or significant borrowing, the estimated debt-to-earnings picture suggests this is a sound investment if your child can gain admission and thrive in a highly selective environment. The real question isn't whether the program performs—it clearly does—but whether your family can afford it without taking on substantially more debt than the state median suggests.
Where Washington and Lee University Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Washington and Lee University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Washington and Lee University | $76,627 | $98,403 | +28% |
| William & Mary | $75,038 | $85,678 | +14% |
| University of Richmond | $68,151 | $79,209 | +16% |
| James Madison University | $65,931 | $68,297 | +4% |
| George Mason University | $55,147 | $65,793 | +19% |
Compare to Similar Programs in Virginia
Business Administration, Management and Operations bachelors's programs at peer institutions in Virginia (43 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $64,525 | $76,627 | $98,403 | $27,000* | — | |
| $25,040 | $75,038 | $85,678 | $19,812* | 0.26 | |
| $62,600 | $68,151 | $79,209 | $20,500* | 0.30 | |
| $13,576 | $65,931 | $68,297 | $19,750* | 0.30 | |
| $15,478 | $60,678 | $60,297 | $22,535* | 0.37 | |
| $38,550 | $60,150 | $54,100 | $31,271* | 0.52 | |
| National Median | — | $45,703 | — | $26,000* | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Washington and Lee University, approximately 11% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 18 graduates with reported earnings and 16 graduates with debt data. Small samples may not be representative.