Virginia Military Institute— Earnings & Cost Trends
Graduate Earnings
$77,369
in 2021+32% since 2008
Median Graduate Earnings Over Time
Net Price (Annual Cost) Over Time
Graduation Rate Over Time
Key Insights
- •Earnings grew 32% since 2008 — graduates are earning more over time
- •Net price increased 61% since 2010 — costs are rising faster than inflation
- •Graduation rate improved by 20 percentage points since 1998
Year-by-Year Data
| Year | Earnings | Net Price | Grad Rate | Debt |
|---|---|---|---|---|
| 1998 | — | — | 56% | $9,000 |
| 1999 | — | — | 68% | $7,750 |
| 2000 | — | — | 63% | $6,125 |
| 2001 | — | — | 65% | $7,000 |
| 2002 | — | — | 70% | $8,650 |
| 2003 | — | — | 67% | $7,625 |
| 2004 | — | — | 68% | $6,700 |
| 2005 | — | — | 62% | $8,125 |
| 2006 | — | — | 66% | $8,188 |
| 2007 | — | — | 73% | $8,562 |
| 2008 | $58,700 | — | 68% | $8,875 |
| 2009 | — | — | 74% | $8,312 |
| 2010 | $63,200 | $10,633 | 73% | $8,500 |
| 2011 | — | $13,081 | 70% | $12,000 |
| 2012 | $56,600 | $15,384 | 69% | $14,246 |
| 2013 | $59,200 | $15,476 | 71% | $15,000 |
| 2014 | $63,200 | $17,802 | 76% | $19,500 |
| 2015 | $65,700 | $17,296 | 71% | $20,500 |
| 2016 | — | $17,687 | 74% | $21,015 |
| 2017 | — | $18,785 | 78% | $19,500 |
| 2018 | — | $19,905 | 77% | $19,000 |
| 2019 | — | $19,129 | 78% | $19,000 |
| 2020 | — | $17,804 | 79% | $17,674 |
| 2021 | $77,369 | $22,025 | 85% | $19,000 |
| 2022 | — | $21,325 | 74% | — |
| 2023 | — | $21,215 | 77% | — |
| 2024 | — | $18,849 | 82% | — |
| 2025 | — | $17,113 | 76% | — |