According to Kiplinger.com, UVA is #3 in the Nation for Best Value in Public Colleges
The University of Virginia always seems to fare pretty well in this review, but we have once again been ranked high nationwide based on cost versus value. … We start with data from more than 500 public four-year colleges and universities, provided by Peterson’s/Nelnet, then add our own reporting. We narrow the list to about 120 schools based on measures of academic quality — including SAT or ACT scores, admission and retention rates, student-faculty ratios, and four- and six-year graduation rates, which most schools reported for the class entering in 2002. … To assess costs, we look at total expenses for in-state students (tuition, mandatory fees, room and board, and books); the average cost for a student with need after subtracting grants (but not loans); the average cost for a student without need after subtracting non-need-based grants; the average percentage of need met by aid; and the average debt per student before graduation. … To determine out-of-state rankings, we run the academic-quality and expense numbers again, this time using total costs for out-of-state residents and average costs after aid.”