The Virginia College ROI Report is designed to identify the colleges and universities in Virginia that deliver the best return on investment for their cost. Read More
Ranked 11th nationally in terms of ROI, Virginia Military Institute offers the college return on investment that savvy Virginia students and their families seek. The military college, which was founded in 1839 and is the oldest of its kind in the U.S., strictly admits military cadets. If you long to be a cadet, the average cost for in-state tuition is $95,700. VMI alums report a median return of investment of $767,300, which rises to $813,800 with financial aid, making it a standout in the state and in the country. Located in Lexington, Virginia, VMI offers degrees in 14 disciplines and has produced Pulitzer Prize winners, Medal of Honor recipients, 11 Rhodes Scholars and many other successful alumni. Considering that 97 percent of its graduates go on to the military, employment or graduate or professional school with four months, it's easy to see why VMI is a star in our Virginia College ROI Report rankings.
With its lovely Jeffersonian architecture, numerous secret societies and reputation for being one of the fittest universities in the nation, the University of Virginia, or simply "Virginia," offers an incredible return on investment for students. The average cost to earn a degree from the school is $97,900, and the 20 Year Net ROI of that education is $615,100 without financial aid and $688,000 with it, earning it rankings of 43 and 47 respectively. If you have a spirit for adventure, you'll be intrigued to know the school sends huge numbers of students on to the Peace Corps. Seven NASA astronauts graduated from the university, which exemplifies the fact that this school offers the value of college education Virginia students and their families desire.
The private, not-for-profit Washington and Lee University is ranked 55th nationally without financial aid and 31st nationally when it's included. With its bucolic setting in the Shenandoah Valley immediately next to VMI, the private university offers a nice break from the usual urban and suburban environs typical of major colleges. An education from W&L, as it's often referred, costs an average of $223,100. However, alums report a median return of their investment of $589,900 in the 20 years after they graduate, and that figure soars to $739,800 with financial aid.
Virginia Polytechnic Institute and State University -- better known as Virginia Tech -- is ranked 70th on PayScale's national college ROI list. Located in Blacksburg, Virginia and founded in 1872, the public university offers 225 undergraduate and graduate degree programs, with its College of Engineering a particular standout. To earn a degree here, you can expect to pay an average of $98,000. The 20 Year Net ROI, however, is $555,000 and rises to $583,900 with financial aid. It's little wonder that the university appears near the top of PayScale's best value colleges Virginia list. Show Less