Median Earnings (1yr)
$76,627
95th percentile
Est. Median Debt
$27,000
Est. from VA median (16 programs)

Analysis

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median Debt*Debt/Earnings
Washington and Lee UniversityLexington$64,525$76,627$98,403$27,000*
William & MaryWilliamsburg$25,040$75,038$85,678$19,812*0.26
University of RichmondUniversity of Richmond$62,600$68,151$79,209$20,500*0.30
James Madison UniversityHarrisonburg$13,576$65,931$68,297$19,750*0.30
Virginia Polytechnic Institute and State UniversityBlacksburg$15,478$60,678$60,297$22,535*0.37
Averett UniversityDanville$38,550$60,150$54,100$31,271*0.52
National Median$45,703$26,000*0.57
* Estimated from similar programs

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree
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.