Virginia Military Institute has been accorded a 4.5-star rating in Money magazine’s Best Colleges in America list for 2023. Using a new system this year, Money assigns colleges a rating based on a five-star scale, with five stars being the best.
More than 730 colleges were scored based on 26 factors, including quality (taking into account the six-year graduation rate, affordability (both short- and long-term, net price of a degree and amount students typically borrow through federal programs) and outcomes (based on earnings and employment data 10 years after enrolling in the school).
VMI also appears on this year’s Best Public Colleges and Best Colleges in the South sublists. Money reports that in early career earnings, VMI graduates have median salaries of $77,000.
Previously, Money magazine had a numbered ranking, and VMI came in at No. 5 overall out of the more than 620 colleges ranked on the magazine’s 2022 Best Colleges in America list.
The full Best Colleges list, along with the methodology and additional sublists, can be found at www.money.com/bestcolleges.