Is Virginia Military Institute worth it?

Lexington, VA · public

Verdict

Typical students pay $17,113 a year after aid, graduate with $22,996 in federal debt, and earn $63,545 six years after enrolling — an estimated monthly loan payment of $246, with a debt break-even of about 3.6 years.

Net price / year

$17,113

Admission rate

71%

Graduation rate

Median debt

$22,996

Earnings (6 yr)

$63,545

Earnings (10 yr)

$77,369

Est. monthly loan payment

$246

Loan-to-income ratio

36%

Debt break-even

3.6 years

How Virginia Military Institute compares

MetricVirginia Military InstituteVirginiaNational
Net price$17,113$15,236$16,642
Median debt$22,996$14,150$12,377
Earnings (6 yr)$63,545$36,009$33,037
Graduation rate

FAQ

How much does it cost to attend Virginia Military Institute?

The federal average net price after grants and scholarships is $17,113 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Virginia Military Institute graduates typically carry?

Students who complete a program at Virginia Military Institute leave with a median federal debt of $22,996, based on the U.S. Department of Education's College Scorecard.

What do Virginia Military Institute graduates earn?

Six years after enrolling, former students report median earnings of $63,545, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Virginia Military Institute?

Graduation rate data is not currently published for this school.

Is Virginia Military Institute worth the debt?

Based on median debt and 6-year earnings, it would take roughly 3.6 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.

Source: U.S. Department of Education College Scorecard.