CollegeTuitionData — College Data in Plain English

Reed College

Portland, OR 97202-8199 — Private Nonprofit

Value Score: 85/100 | ROI Score: -77 | Affordability Score: 35/100

Tuition (In-State): $69,350 | Out-of-State: $69,350

Acceptance Rate: 24.6% | Graduation Rate: 73.8% | Retention Rate: 87.6%

Median Earnings (10yr): $62,927 | Median Debt: $21,500

SAT Average: 1437

Student Body Size: 1,320 (small)

Pell Grant Recipients: 14.6% | Federal Loan Rate: 39.8%

Average Faculty Salary: $12,578/month

Tuition & Affordability Analysis

In-state tuition at Reed College is $69,350 per year, which is 76% above the national average for private institutions.

Out-of-state students pay $69,350/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.

Estimated four-year tuition cost: $277,400 (tuition only, not including room, board, and fees).

What You Actually Pay: Net Price by Family Income

The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Reed College:

  • Families earning $0–$30,000: $12,674/year
  • Families earning $30,001–$48,000: $12,514/year
  • Families earning $48,001–$75,000: $14,513/year
  • Families earning $75,001–$110,000: $23,421/year
  • Families earning $110,000+: $46,711/year

Low-income families receive an average discount of $56,676/year, paying just 18% of the sticker price.

Admissions Snapshot

Reed College has an acceptance rate of 24.6%, placing it in the Very Selective (20–35%) category. This means roughly 1,341 students apply each year.

The average SAT score of admitted students is 1437, 36% above the national average. This places Reed College among the top-tier institutions for academic preparedness.

Graduate Outcomes & Return on Investment

73.8% of students at Reed College complete their degree, 19% above the national average. This is a solid graduation rate.

First-year retention rate: 87.6% (8% above the national average). This indicates most students are satisfied enough to return for sophomore year.

Graduates of Reed College earn a median salary of $62,927 ten years after enrollment, 54% above the national average. This represents a $27,927/year earnings premium over the average high school diploma holder, or $837,810 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $21,500, near the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $233/month, with a total repayment of $27,960 (including $6,460 in interest).

Debt-to-Earnings Ratio: 0.34x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from Reed College pays for itself in approximately 10 years. This is a reasonable investment timeline.

Financial Aid Profile

14.6% of students at Reed College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 56% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.

39.8% of students take federal loans, 15% below the national average. This is a moderate borrowing rate.

Average faculty salary: $12,578/month, 44% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Reed College enrolls 1,320 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 64/100 (higher = more diverse). The campus has moderate diversity.

Student body composition: White 58%, Hispanic 12%, Black 2%, Asian 8%.

Reed College: Strong Academic Environment with High Earnings Potential

Report Card: Overall Grade C-

Reed College receives an overall grade of C- based on six dimensions:

  • Academics: B+
  • Value: F
  • Outcomes: B
  • Affordability: D

College Analysis

Reed College is a Private Nonprofit institution in Portland, OR with approximately 1,320 students. Reed College offers a strong academic environment with a high graduation rate and robust earnings potential. The college provides a high-value education despite its high tuition, with a relatively low median debt. Reed College graduates have a median earning potential of $62,927 after 10 years, indicating a good return on investment.

The Verdict: Is Reed College Worth It?

Reed College presents a complex value proposition. With an out-of-state tuition of $69,350 and a median 10-year earnings of $62,927, the immediate financial picture appears challenging, especially when considering the median debt of $21,500. The ROI score of -77 further underscores a significant gap between the cost of attendance and early-to-mid-career earnings. This suggests that a Reed degree is not primarily an investment for rapid financial return. Instead, its value lies in the intellectual development, critical thinking skills, and unique educational experience it provides, which may lead to long-term career satisfaction and success in fields that are not always high-paying but are often personally fulfilling. The debt payoff timeline, based on median earnings and debt, could extend beyond 5-7 years, assuming a significant portion of earnings is dedicated to repayment. For students who prioritize a deeply intellectual and transformative liberal arts education, and who may be entering fields where financial compensation is secondary to impact or passion, Reed can be a worthwhile choice. However, for those solely focused on maximizing immediate financial ROI, the cost is substantial. It is a hidden gem for those who understand its unique strengths, but potentially overpriced for the pragmatically financially-minded student.

Return on Investment

Despite the high tuition, Reed College offers a strong return on investment with high earnings potential and a low median debt.

Debt Reality Check

Median student debt at Reed College: $21,500. Monthly payment on a standard 10-year plan: $244/month. Total repaid: $29,280 ($7,780 in interest).

Breakeven vs high school diploma: 0.7 years. Debt burden: Low. Salary needed for comfortable repayment: $29,280.

Strengths

  • Strong academic programs and high graduation rate
  • High earning potential after graduation
  • Selective admission process

Weaknesses

  • High tuition and relatively low ROI score
  • Limited diversity in student body
  • Small class sizes may not be suitable for all students

Academic Profile

SAT Average: 1437. Retention Rate: 87.6%.

Reed College is renowned for its rigorous, liberal arts curriculum, emphasizing critical thinking, analytical reasoning, and strong writing skills. The academic program is structured around a challenging year-long thesis requirement for all seniors, a capstone experience that often leads to graduate-level research and publication. Notable departments include English, History, Philosophy, Political Science, and the interdisciplinary programs like American Studies and Environmental Studies, all benefiting from a low student-faculty ratio that ensures personalized attention. Faculty quality is exceptionally high, with professors deeply committed to undergraduate teaching and mentorship; while specific salary data isn't provided, the caliber of scholars at Reed suggests competitive compensation. Research opportunities are plentiful, often integrated into coursework and thesis projects, allowing students to work closely with faculty. The honor program is essentially the entire college, with its demanding curriculum and thesis requirement serving as the ultimate academic challenge. Reed also boasts a robust study abroad program, with numerous partnerships worldwide, encouraging students to broaden their perspectives. Academic support is comprehensive, including the Academic Success Center, writing tutors, and dedicated advisors who guide students through their academic journey.

Financial Aid Guide for Reed College

Pell Grant recipients: 14.6%. Students taking federal loans: 39.8%.

Reed College is committed to making its exceptional education accessible through a robust financial aid program. As a need-blind institution, Reed meets 100% of demonstrated financial need for all admitted students, regardless of citizenship status. This means that your ability to pay will not be a factor in the admissions decision. For the 2023-2024 academic year, the total cost of attendance (tuition, fees, room, and board) was approximately $85,000. Reed offers a combination of grants and scholarships (which do not need to be repaid), loans, and work-study opportunities. For families with an annual income below $60,000, Reed aims to provide aid that covers full tuition, room, and board, meaning students might only need to cover books and personal expenses. For families with incomes between $60,000 and $120,000, significant grant aid is still available, reducing the overall cost considerably. Work-study opportunities are common, providing students with valuable on-campus employment experience. While Reed does not offer merit scholarships, the focus on need-based aid ensures that talented students from all financial backgrounds can attend. Negotiating financial aid at Reed is generally not a standard practice, as the college is committed to its formula for determining demonstrated need. However, if there are significant changes in your family's financial circumstances after your initial application, you should contact the financial aid office to discuss your situation.

Hidden Costs at Reed College

  • Student activity fees, which support a wide range of clubs, organizations, and campus events, can add approximately $500-$1,000 per academic year.
  • Textbooks and course materials can range from $800-$1,200 annually, depending on the courses taken and whether new or used books are purchased.
  • On-campus housing, while guaranteed for three years, typically costs between $7,000-$9,000 per academic year for a double room.
  • Meal plans, essential for most students living on campus, can cost between $5,000-$6,500 per academic year, depending on the chosen plan.
  • Personal expenses, including toiletries, laundry, entertainment, and local transportation, can easily add $1,500-$2,500 per year.
  • Health insurance is mandatory for all students; if you don't have comparable coverage, the student health insurance plan can cost around $3,000-$4,000 annually.

Alumni Outcomes & Career Paths

Reed College, a liberal arts institution known for its rigorous academics and independent thinking, cultivates alumni who often pursue careers in fields that value critical analysis, communication, and intellectual curiosity. While specific recruitment data from major employers is not as readily available as for larger universities, Reed's alumni network is strong and dispersed across various sectors. Graduates frequently find roles in education, non-profits, arts and culture, technology, and public service. Industries where alumni cluster include publishing, journalism, software development, environmental advocacy, and academia. Many Reed graduates also pursue advanced degrees, with strong placement rates in top graduate and professional programs across the country, particularly in fields like law, social sciences, and humanities. Notable alumni include figures like Steve Jobs (attended), Matt Groening (creator of The Simpsons), and Emily Ratajkowski (model and activist), showcasing a diverse range of impactful careers. Reed's career services department focuses on fostering self-discovery and providing resources for internships and post-graduate planning. While not boasting direct pipelines to specific Fortune 500 companies, the college emphasizes building transferable skills that are highly valued by employers seeking adaptable and thoughtful employees. Internship opportunities are often found through alumni connections and the college's focus on experiential learning, with students securing positions at organizations like The New York Times, NPR, and various research institutions. Geographic hiring patterns show a significant presence in the Pacific Northwest, particularly in Portland, but also strong contingents in major hubs like Seattle, the San Francisco Bay Area, Los Angeles, New York City, and Washington D.C., reflecting the broad appeal of a Reed education.

Campus Life & Culture at Reed College

Reed College attracts a diverse and intellectually driven student body, with a significant portion coming from out-of-state and even internationally, drawn by its unique academic philosophy. Students here are typically independent thinkers, passionate about learning for its own sake, and often deeply engaged with social and political issues. The student who thrives at Reed is comfortable with rigorous intellectual debate, values community, and embraces a certain level of academic intensity and personal exploration.

Reed College cultivates a vibrant, intellectually charged atmosphere that's deeply intertwined with its Pacific Northwest setting. The campus itself, a beautiful arboretum on the edge of Portland, encourages exploration and a connection with nature. Social life at Reed is less about large parties and more about engaging discussions, shared intellectual pursuits, and intimate gatherings. You'll find students debating philosophy in the Quad, collaborating on projects in the library, or enjoying the local Portland scene. Housing is primarily on-campus for the first three years, with a mix of traditional dorms and apartment-style living, fostering a strong sense of community. The dining halls, known for their quality and variety, often feature local and organic options, reflecting Portland's culinary ethos. Student organizations are abundant and diverse, ranging from the fiercely independent student newspaper, The Quest, to the renowned Reed College Folk Festival, a student-run music event that draws national attention. While Reed doesn't have a traditional Greek system, its strong sense of community and shared values often fill that social niche. Athletics are Division III, with a focus on participation and personal achievement rather than intense competition, though club sports are popular. The overall vibe is one of intense intellectual curiosity, a commitment to social justice, and a healthy dose of quirky individualism, all set against the backdrop of a city known for its creativity and independent spirit.

Campus Highlights

  • The Reed College Canyon, a natural ravine running through campus, offering a unique ecosystem for study and recreation.
  • The iconic Reed College Library, a Brutalist architectural landmark and a hub for academic life.
  • The student-run Reed College Folk Festival, one of the oldest and largest of its kind in the nation.
  • The strong emphasis on the senior thesis, a year-long independent research project culminating in a significant academic work.
  • The intellectually vibrant and often quirky student body, known for its passionate engagement with ideas and social issues.
  • The beautiful, park-like campus, designed as an arboretum with a diverse collection of trees and plants.

Location & Regional Advantages

Reed College's location in Portland, Oregon, offers a unique blend of advantages and considerations for its students and graduates. Portland itself boasts a vibrant and growing job market, particularly strong in sectors like technology (with a growing 'Silicon Forest' presence), healthcare, outdoor recreation, and creative industries. The city's progressive culture and emphasis on sustainability and community resonate with the values often held by Reed students. The cost of living in Portland is moderate compared to other major West Coast cities like Seattle or San Francisco, making it a more accessible base for early-career professionals. Proximity to the Pacific Northwest's natural beauty, including mountains, forests, and the coast, provides a high quality of life and ample opportunities for outdoor recreation, a significant draw for many. The weather is characterized by mild, wet winters and warm, dry summers, which can be appealing to some but a drawback for others. While Portland is generally considered safe, like any urban center, it faces challenges with homelessness and crime in certain areas. From a career perspective, Portland offers a solid local job market, but for those seeking to enter highly competitive, large-scale industries like finance or major corporate headquarters, proximity to hubs like Seattle or the Bay Area might be more advantageous, though these are still within reasonable travel distance. The strong local network of non-profits, arts organizations, and tech startups provides fertile ground for Reed graduates seeking meaningful employment that aligns with their values.

How to Get Into Reed College

Gaining admission to Reed College, with its 24.6% acceptance rate, requires a demonstrated commitment to intellectual curiosity and a strong academic record. Reed is a need-blind institution, meaning your ability to pay is not considered during the admissions process, but they do value demonstrated interest. While Reed does not offer Early Decision or Early Action, submitting your application by the Regular Decision deadline (typically January 1st) is crucial. The admissions committee looks for students who will thrive in a rigorous, liberal arts environment. This means strong grades in challenging courses (AP, IB, honors) are paramount, though Reed does not have strict GPA cutoffs. Since SAT/ACT scores are not required, your essays and recommendations carry significant weight. Focus your essays on showcasing your intellectual passions, your ability to engage with complex ideas, and your unique perspectives. Reed often attracts students who are independent thinkers, socially aware, and eager to contribute to a vibrant academic community. Highlight any experiences that demonstrate these qualities, whether through extracurriculars, volunteer work, or personal projects. A strong recommendation from a teacher who knows you well and can speak to your academic potential is also vital. Ensure your application paints a holistic picture of who you are and why Reed is the right fit for your intellectual journey.

How Reed College Compares to Similar Schools

Similar schools: Whitman College, Lewis & Clark College, University of Puget Sound, Willamette University

Advantages

  • Strong emphasis on interdisciplinary studies and intellectual rigor.
  • Smaller class sizes fostering close faculty-student relationships.
  • Unique Portland location offering a vibrant urban and natural environment.

Disadvantages

  • Higher sticker price compared to some public university alternatives.
  • Median earnings are lower than some larger, more pre-professional institutions.

Best For

  • Students interested in large class sizes or specialized technical programs may find Reed College less suitable.
  • Students seeking a more affordable education may find Reed College less attractive.

Avoid If

  • Students with a strong interest in liberal arts and a desire for a highly selective, small college experience should consider Reed College.
  • Students looking for a more diverse range of academic programs or a larger student body may want to explore other options.

Frequently Asked Questions about Reed College

How much does it cost to attend Reed College?

In-state tuition at Reed College is $69,350 per year, and out-of-state tuition is $69,350 per year. The median student debt at graduation is $21,500.

What is the acceptance rate at Reed College?

Reed College has an acceptance rate of 24.6%.

What is the graduation rate at Reed College?

Reed College has a graduation rate of 73.8%.

How much do Reed College graduates earn?

The median earnings for Reed College graduates 10 years after enrollment is $62,927. With median debt of $21,500, graduates earn roughly 2.9x their debt level annually.

How big is Reed College?

Reed College has approximately 1,320 students and is classified as a small institution. It is located in Portland, OR and is a Private Nonprofit institution.

Is Reed College worth the cost?

Reed College has an ROI score of -77 out of 100. With in-state tuition of $69,350 per year and median post-graduation earnings of $62,927, the data suggests the return on investment may be below average.

Where is Reed College located?

Reed College is located in Portland, OR. It is a Private Nonprofit institution with approximately 1,320 students.

How much student debt do Reed College graduates have?

The median student debt for Reed College graduates is $21,500. With median earnings of $62,927 ten years after enrollment, graduates can expect a debt-to-income ratio of 34%.

Is Reed College a good college?

Reed College has a graduation rate of 73.8% and median post-graduation earnings of $62,927. High graduation rate of 73.83%

How does Reed College compare to similar colleges?

Median earnings of $62,927 after 10 years Compared to peer institutions, Reed College offers a high-value education with strong academic rigor and career outcomes, despite its high tuition.

What career prospects do Reed College graduates have?

Graduates of Reed College are well-prepared for careers in a variety of fields, including technology, finance, and non-profit work.

What should prospective students know about Reed College?

Reed College is positioned as a top-tier liberal arts institution, attracting students from diverse backgrounds and offering a high-quality education.

What makes Reed College stand out?

Low median debt of $21,500

What are the pros and cons of attending Reed College?

Highly selective with an admission rate of 24.61%

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.