Reed College

Reed College is a selective private nonprofit college in Portland, Oregon. It admits about 1 in 4 applicants, graduates 71% of its students within six years, and its former students earn a median $62,927 ten years after starting college, more than 70% of the Oregon colleges we cover.

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Yearly household income. Saved on this device only. No account needed.

Acceptance rate
25%

More selective than 100% of Oregon colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$33,013 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $86,376. College Scorecard.

Graduation rate
71%

Higher than 78% of Oregon colleges we cover and 81% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$62,927

Higher than 70% of Oregon colleges we cover and 76% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

Reed College acceptance rate & admissions

Of 10,045 applicants, Reed College admitted 2,728 and 351 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1290–1520 on the SAT or 30–34 on the ACT.

10,045
Applied
2,728
Admitted
351
Enrolled

IPEDS Admissions, Fall 2023 entering class

SAT total, middle 50% of first-years1290–1520
ACT composite, middle 50% of first-years30–34
First-years who sent SAT scores48%
First-year students who return88%
Pell Grant recipients15%
Women / men59% / 41%

Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS

Reed College tuition, cost & net price

What families actually pay per year, by income

Average net price after grants and scholarships for students who receive federal aid. Tap your income band.

College Scorecard, latest reported year (federal aid recipients)

Sticker price (before aid)

Tuition & fees$69,350
Housing & meals, on campus$16,820
Books & supplies$1,050
Total cost of attendance$86,376

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$15,750
Loan default rate2.1%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

Full cost breakdown, in-state vs out-of-state →

What Reed College costs to finish, and how fast it pays back

Graduates of Reed College took 4.2 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in Oregon. The figures follow your residency and income choices above.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$12,674$53,6112.0 years
$30–48k$12,514$52,9342.0 years
$48–75k$14,513$61,3902.3 years
$75–110k$23,421$99,0713.8 years
$110k+$46,711$197,5887.5 years

Cost to finish = yearly price × 4.2 years, the average time graduates took (62% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($62,927) minus $36,549 for high school graduates ages 25-34 in OR (Census ACS 2020-2024), a gain of $26,378 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.

Best-value colleges in Oregon for your income →

Reed College majors, earnings & careers

Reed College offers 33 bachelor's majors across 6 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Humanities & Languages · 13
  • Science & Math · 7
  • Social Sciences & Public Service · 6
  • Arts & Design · 4
  • Technology & Computing · 2
  • Business & Finance · 1

Highest-earning majors at Reed College

MajorEarnings, 4 yrsMedian debt
Economics$92,453$22,842
Psychology$36,430$22,844
Quick list of all 33 majors
  • Anthropology—
  • Area Studies—
  • Biochemistry—
  • Biology—
  • Chemistry—
  • Classics—
  • Computer and Information Sciences—
  • Dance—
  • East Asian Languages (Chinese / Japanese / Korean)—
  • Economics$92,453
  • English—
  • Environmental Science / Conservation—
  • Ethnic / Gender Studies—
  • German—
  • History—
  • International Relations—
  • Linguistics—
  • Mathematics—
  • Mathematics and Computer Science—
  • Multi / Interdisciplinary Studies, Other—
  • Music—
  • Neuroscience—
  • Philosophy—
  • Physics—
  • Political Science—
  • Psychology$36,430
  • Psychology (Research)—
  • Religious Studies—
  • Slavic, Baltic and Albanian Languages, Literatures, and Linguistics—
  • Sociology—
  • Spanish / French / Romance Languages—
  • Studio Art—
  • Theatre—

— means too few graduates to report earnings.

College Scorecard field of study, latest release

All majors by area with earnings 1 and 4 years out, and debt →

Environmental Science / Conservation → Environmental scientist

$98,050
Portland
$97,440
Oregon
$82,220
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 6.1% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Computer and Information Sciences → Software developer

$156,000
Portland
$142,720
Oregon
$135,980
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.2% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Living in Portland

Cost of living
5% above the U.S. average

Overall prices in the Portland-Vancouver-Hillsboro, OR-WA area.

BEA Regional Price Parities, 2024

Off-campus rent, 1 bedroom
$1,633/mo

2 bedrooms $1,878. Housing costs 25% above the U.S. average.

HUD Fair Market Rent, FY2027

Weather
47° / 80°

January and July average highs. 44 inches of rain a year, 4 inches of snow.

NOAA Climate Normals 1991-2020

Natural hazard risk
Relatively High

Highest: river flooding (relatively high); heat wave (relatively high); winter weather (relatively high).

FEMA National Risk Index, Multnomah County

Campus & students

Total enrollment (incl. graduate)1,458
First-year students from Oregon10%
Next most common home statesCalifornia, Washington, Colorado
Undergraduate degrees awarded, 2023-24100% bachelor's
Campus typeHighly residential
Student bodyWhite 58% · Hispanic 12% · Two or more 10% · Asian 8%International 8%

IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute

Multnomah County at a glance

Population801,477
Median household income$88,766
Adults with a bachelor's degree49%
Median age39

U.S. Census Bureau, ACS 5-year 2024

Compare Reed College with similar schools

Similar private colleges in Oregon by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Reed College25%$33,01371%$62,927This school
Willamette University77%$25,12171%$56,911
Warner Pacific University Professional and Graduate Studies59%——$55,204
Bushnell University67%$20,78956%$53,623
Lewis & Clark College78%$36,01375%$62,205

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

Reed College would cost you $7,892 more per year than Willamette University, on average.

  • Higher sticker price at Reed College, mostly from higher tuition & fees (+$18,194).
  • Reed College gives aided families $10,983 more in grants, on average.
Per year, Oregon residentReed CollegeWillamette UniversityDifference
Tuition & fees$69,350$51,156+$18,194
Books & supplies$1,050$933+$117
Housing & meals$16,820$15,490+$1,330
Personal & travel$1,650$2,810−$1,160
Living-at-home adjustment−$2,494−$2,888+$394
Sticker price$86,376$67,501+$18,875
Average grants−$53,363−$42,380−$10,983
You pay$33,013$25,121+$7,892

“+” means Reed College costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

Common questions about Reed College

What is the Reed College acceptance rate?

Reed College accepts 25% of applicants (College Scorecard). In the latest IPEDS admissions year, 2,728 of 10,045 applicants were admitted. The middle half of enrolled first-year students scored 1290–1520 on the SAT or 30–34 on the ACT.

How much does Reed College cost per year?

The sticker price (cost of attendance) is $86,376 a year. After grants and scholarships, students receiving federal aid pay $33,013 a year on average; families earning $0–30k pay $12,674 and families earning $110k+ pay $46,711.

How much do Reed College graduates earn?

Former Reed College students earn a median $62,927 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the Reed College graduation rate?

71% of first-time, full-time students graduate within six years, and 88% return for their second year.

How long does a Reed College degree take to pay off?

For a family earning $48–75k, finishing at Reed College costs about $61,390 after grants ($14,513 a year for 4.2 years, the average time graduates took). Former students earn a median $62,927 ten years after starting, $26,378 more than high school graduates in Oregon ($36,549), so the cost is repaid in 2.3 years of that gain, before taxes and interest (EducationGuide calculation).

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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Reed College: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/reed-college (College Scorecard and IPEDS data).