Williamsburg Independent Editor George Arbogust discusses issues the William & Mary Board of Visitors considered in 2025, a year in which they focused on sustaining the university’s long-term academic quality and financial stability while overseeing admissions, budgeting, capital investments, tuition, philanthropy and athletics. Student outcomes remained strong, with a 37% admit rate for the Class of 2029, a 91% student success rate, an 86.4% four-year graduation rate for the Class of 2025, and a 12:1 student-to-faculty ratio. The university met its Vision 2026 access goal early, reaching 19% in-state Pell-eligible enrollment.
The Board approved a $600.7 million FY2025–2026 operating budget, reflecting 3% revenue growth, and reported an 8.3% increase in net position to $1.2 billion, supported by an AA credit rating despite continued reliance on tuition and fees for over 60% of revenue. Capital investments exceeded $600 million in active construction, including classroom upgrades, geothermal infrastructure, and major projects at VIMS. Tuition increases were moderate, and the Student Technology Fee was reduced. Philanthropy reached a record $240 million, while athletics posted a surplus, strong academic performance, and increased engagement across campus life.
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