by our College Data Analytics TeamThe main focus area for this major is General Economics. For more details on this concentration, visit its profile page.
Economics is a major offered under the social sciences program of study at Washington and Lee University. We’ve pulled together some essential information you should know about the bachelor’s degree program in economics, including how many students graduate each year, the ethnic diversity of these students, whether or not the degree is offered online, and more.
You can jump to any section of this page using the links below:
Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
If you're the kind of person who enjoys working with numbers and solving tough problems, a graduate degree in economics may be for you.
Each year, we produce a number of different types of college rankings to help students decide which school is the best fit for them. Washington and Lee is in the top 10% of the country for economics. More specifically it was ranked #36 out of 627 schools by College Factual. It is also ranked #2 in Virginia.
Here are some of the other rankings for Washington and Lee.
Part-time undergraduates at Washington and Lee paid an average of $1,872 per credit hour in 2019-2020. This tuition was the same for both in-state and out-of-state students. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $56,170 | $56,170 |
| Fees | $1,115 | $1,115 |
| Books and Supplies | $2,220 | $2,220 |
| On Campus Room and Board | $15,810 | $15,810 |
| On Campus Other Expenses | $2,285 | $2,285 |
Learn more about Washington and Lee tuition and fees.
One way to think about how much a school will cost is to look at how much in student loans that you have to take out to get your degree. Students who received their bachelor’s degree at Washington and Lee in Economics walked away with an average of $17,500 in student debt. That is 18% lower than the national average of $21,243.
The median early career salary of economics students who receive their bachelor’s degree from Washington and Lee is $64,990 per year. That is 39% higher than the national average of $46,790.
Washington and Lee does not offer an online option for its economics bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the Washington and Lee Online Learning page.
Women made up around 37.5% of the economics students who took home a bachelor’s degree in 2019-2020. This is higher than the nationwide number of 33.7%.
Around 7.1% of economics bachelor’s degree recipients at Washington and Lee in 2019-2020 were awarded to racial-ethnic minorities*. This is lower than the nationwide number of 30%.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 1 |
| Native American or Alaska Native | 0 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 49 |
| International Students | 2 |
| Other Races/Ethnicities | 4 |
Economics students may decide to major in one of the following focus areas.
| Focus Area | Annual Graduates |
|---|---|
| General Economics | 56 |
You may also be interested in one of these majors related to economics.
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 53 |
| Sociology & Anthropology | 8 |
*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.
More about our data sources and methodologies.
