University of Richmond logo

University of Richmond

University of Richmond, VA
privateWebsite
53
Value
Median Earnings (10yr)
$76,178
+42% vs average
Net Price / Year
$31,309
+54% vs average
Graduation Rate
86%
Payback Period
1.6 years
Median Debt
$21,000
Student Body
2,980

University of Richmond — Earnings vs Cost (vs National Average)

Admission Rate
22%

University of Richmond at a Glance

The University of Richmond is a private liberal arts college in Richmond, Virginia, United States. It is a primarily undergraduate, residential institution with approximately 3,700 undergraduate and graduate students in five schools: the School of Arts and Sciences; the E. Claiborne Robins School of Business; the Jepson School of Leadership Studies; the University of Richmond School of Law; and the School of Professional & Continuing Studies. It is classified among "Baccalaureate Colleges: Arts

Founded

1830

196 years old

Endowment

$3.5B

$3.49 billion (2025)

Students

3,914

3,202 undergrad · 712 grad

Campus

350 acres

Majors

90

Identity

Motto: Verbum Vitae et Lumen Scientiae ( Latin )Athletics: SpidersMascot: WebstUR the SpiderColors: Blue and redAffiliation: Annapolis Group ACS CICPresident: Kevin Hallock

How to Apply to University of Richmond

Official admissions page
Test-optionalCommon App member
Early deadline

November 1 (Early Decision I)

Testing policy

The test optional admission path applies to student athletes.
Requirements can change between admissions cycles. Always verify current requirements on the official admissions page before applying.

Is University of Richmond Worth It?

University of Richmond offers moderate value at $31,309/year net price. Graduates earn a median of $76,178, which is near the national average. Students should research specific program outcomes before committing.

The investment pays for itself in just 1.6 years — among the fastest payback periods of any college we track.

With a 86% graduation rate, the vast majority of students finish their degree and reach these earning outcomes.

Admission is competitive with a 22% acceptance rate, so applicants should have strong academic credentials.

How University of Richmond compares to peer private nonprofit colleges of similar tier nationally

Ranked #11 of 24 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.

RankCollegeValueNet price / yrMedian earnings
#1Davidson College100$17,379$81,400
#2Washington and Lee University94$23,781$94,810
#3Grinnell College78$17,648$62,830
#4Wellesley College76$25,496$84,803
#5Haverford College71$25,314$79,966
#6Carleton College67$25,407$75,525
#11University of Richmond53$31,309$76,178

Peer group: private nonprofit colleges within ±60% of University of Richmond's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 1 in VA.

Best Programs at University of Richmond

The highest-earning program at University of Richmond is Computer and Information Sciences, General at $74,100/year (4 years after graduation). The lowest is Biology, General at $18,000/year.

Your major matters more than the school name — a Computer and Information Sciences, General graduate from University of Richmond earns $74,100, while a Biology, General graduate earns $18,000. That's more than a 2× difference from the same institution. Choose your program carefully — it's the single biggest lever you control.

Debt also varies by program: Computer and Information Sciences, General graduates carry $23,750 in median debt vs. $20,250 for Biology, General.

Return on Investment

Estimated 4-Year Cost

$125,236

Based on $31,309/yr net price × 4 years

Earnings Premium

+42%

vs. national average of $53,787/yr

Payback Period

1.6 years

Time to recoup the total cost through higher earnings

10-Year Net Gain

$636,544

Median earnings over 10 years minus total cost of attendance

Programs & Earnings by Major

Graduate earnings data by field of study (4 years after graduation):

MajorEarnings (4yr)Earnings (1yr)Median Debt
Computer and Information Sciences, General$74,100$74,100$23,750
Economics$65,500$65,500$19,500
Accounting and Related Services$61,800$61,800$21,500
Business Administration, Management and Operations$53,000$53,000$19,000
Human Resources Management and Services$42,000$42,000$25,000
Multi/Interdisciplinary Studies, Other$40,700$40,700$19,500
Political Science and Government$39,500$39,500$20,500
Psychology, General$35,600$35,600$24,597
Area Studies$32,900$32,900$24,615
Biology, General$18,000$18,000$20,250

Quick Facts

Institution Type
private
Location
University of Richmond, VA
Student Body
2,980 students
Admission Rate
22%
Graduation Rate
86%
Net Price (Annual)
$31,309
Median Earnings (10yr)
$76,178
Median Student Debt
$21,000
Data from the U.S. Department of Education College Scorecard. Median earnings are measured 10 years after enrollment. Net price reflects average cost after grants and scholarships for students receiving federal financial aid. Value scores are calculated using our methodology.