Reed College

www.reed.edu

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2023 Undergraduate Tuition

$66,710

3.51% growth from 2022

2023 Average Net Price

$36,993

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

27.2%

10,045 Applicants

2023 Enrolled Students

1,458

96.3% Full-Time

2023 Graduation Rate

75.9%

309 Graduates

About

Reed College is a higher education institution located in Multnomah County, OR. In 2023, the most popular Bachelors Degree concentrations at Reed College were Experimental Psychology (24 degrees awarded), General Computer & Information Sciences (20 degrees), and General Biological Sciences (20 degrees).

In 2023, 309 degrees were awarded across all undergraduate and graduate programs at Reed College. 55% of these degrees were awarded to women, and 45% awarded men. The most common race/ethnicity group of degree recipients was white (183 degrees), 5.23 times more than then the next closest race/ethnicity group, two or more races (35 degrees).

The median undergraduate tuition at Reed College is $66,710, which is $37,430 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Reed College was 0%, corresponding to 0 out of the 243 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Reed College is $66,710, which is $37,430 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $36,993.

In 2023, 53% of undergraduate students attending Reed College received financial aid through grants. Comparatively, 38% of undergraduate students received financial aid through loans.

Tuition Costs

$66,710

2023 Undergraduate Tuition

In 2023, the cost of tuition at Reed College was $66,710. The cost of tuition at Reed College is $37,430 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

This chart compares the tuition costs of Reed College (in red) with those of other similar universities.

Average Net Price

$36,993

2023 Value

11.7%

1 Year Growth

In 2023 Reed College had an average net price — the price paid after factoring in grants and loans — of $36,993. Between 2022 and 2023, the average net price of Reed College grew by 11.7%.

This chart compares the average net price of Reed College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$14,050

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Reed College was of $14,050 in 2023. The cost of room and board increased by 2.82% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,050. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Reed College (in red) with that of similar universities.

Financial Aid by Income Level

53%

Undergraduates Receiving Financial Aid through Grants

38%

Undergraduates Receiving Financial Aid through Loans

53% of undergraduate students at Reed College received financial aid through grants or loans in 2023. This represents a decline of 5.36% with respect to 2022, when 56% of undergraduate students received financial aid.

This chart compares the average award discount at Reed College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Reed College was 0%, which represents 0 out of the 243 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Reed College received 10,045 undergraduate applications in 2023, which represents a 11.3% annual growth. Out of those 10,045 applicants, 2,728 students were accepted for enrollment, representing a 27.2% acceptance rate.

There were 1,458 students enrolled at Reed College in 2023. 48% of first-time enrollees submitted SAT scores with their applications.

Reed College has an overall enrollment yield of 12.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

27.2%

Acceptance Rate in 2023

2,728

Accepted Out of 10,045

In 2023, the undergraduate acceptance rate of Reed College was 27.2% (2,728 admissions from 10,045 applications). This is lower than the acceptance rate of 2022, which was 30.8%. Between 2022 and 2023, the number of applicants grew by 11.3%, while admissions declined by 1.84%.

This chart compares the acceptance rate of Reed College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

48%

Submission Percentage (2023)

169

Scores Submitted (2023)

48% of enrolled first-time students at Reed College in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Reed College had a total enrollment of 1,458 students in 2023. The full-time enrollment at Reed College is 1,404 students and the part-time enrollment is 54. This means that 96.3% of students enrolled at Reed College are enrolled full-time.

The enrolled student population at Reed College, both undergraduate and graduate, is 58.8% White, 11.7% Hispanic or Latino, 9.74% Two or More Races, 8.23% Asian, 1.37% Black or African American, and 0.412% American Indian or Alaska Native.

Students enrolled at Reed College in full-time Undergraduate programs are most commonly White Female (33.2%), followed by White Male (26.6%) and Hispanic or Latino Female (7.94%).

Full-Time vs Part-Time Enrollment

96.3%

Full-Time Enrollment

The total enrollment at Reed College in 2023, both undergraduate and graduate, is 1,458 students. The full-time enrollment at Reed College is 1,404 and the part-time enrollment is 54. This means that 96.3% of students enrolled at Reed College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Reed College (in red) compares to similar universities.

Retention Rate over Time

86%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Reed College was 86%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Reed College had a retention rate higher than its peers.

This chart shows the retention rate over time at Reed College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
857 enrolled students
Hispanic or Latino
171 enrolled students
Two or More Races
142 enrolled students

The enrolled student population at Reed College is 58.8% White, 11.7% Hispanic or Latino, 9.74% Two or More Races, 8.23% Asian, 1.37% Black or African American, and 0.412% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 27 students (1.85%) did not report their race.

Graduates

In 2023, 31 more women than men received degrees from Reed College. The most common race/ethnicity group of degree recipients at Reed College is white (183 degrees awarded). There were 5.23 times more white recipients than the next closest race/ethnicity group, two or more races (35 degrees).

The most common Bachelor's Degree concentration at Reed College is Experimental Psychology (24 degrees awarded), followed by General Computer & Information Sciences (20 degrees) and General Biological Sciences (20 degrees).

In 2023, the most specialized majors across all degree types at Reed College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Language & Linguistics (33 degrees awarded), Philosophy and Religious Studies (10 degrees), and Natural Resources & Conservation (14 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Reed College are Other managers (159,937 people), Lawyers, & judges, magistrates, & other judicial workers (159,213 people), Postsecondary teachers (154,270 people), Elementary & middle school teachers (114,617 people), and Secondary school teachers (109,266 people).

The most specialized majors at Reed College in 2023 are Language & Linguistics (33 degrees awarded), Philosophy and Religious Studies (10 degrees), Natural Resources & Conservation (14 degrees), Physical Sciences (20 degrees), and History (13 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Reed College are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Reed College are Language & Linguistics (33 degrees awarded), Philosophy and Religious Studies (10 degrees), Natural Resources & Conservation (14 degrees), Physical Sciences (20 degrees), and History (13 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Reed College are Elementary & secondary schools (447,601 people), Colleges, universities & professional schools, including junior colleges (403,137 people), Computer Systems Design (197,662 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (147,663 people), and Legal services (114,309 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Reed College.

Most Common (2023)

Experimental Psychology
24 degrees awarded
General Computer & Information Sciences
20 degrees awarded
General Biological Sciences
20 degrees awarded

In 2023, the most common bachelors degree concentration at Reed College was Experimental Psychology with 24 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Reed College according to their major.

Sex Breakdown for Common Majors

139

Degrees Awarded to Men

in 2023

170

Degrees Awarded to Women

in 2023

In 2023, 139 degrees were awarded to men at Reed College, which is 0.818 times less than the number of degrees awarded to females (170).

This chart displays the sex disparity between the top 5 majors at Reed College by degrees awarded.

Most Common Male Majors

In 2023, 15 degrees were awarded to men at Reed College in General Computer & Information Sciences, which is 3 times more than the 5 female recipients with that same degree.

Most Common Female Majors

In 2023, 17 degrees were awarded to men at Reed College in Experimental Psychology, which is 2.43 times more than the 7 male recipients with that same degree.

Time to Complete

61%

100% Completion Time

73%

150% Completion Time

In 2023, 61% of students graduating from Reed College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 73% completed their degrees within 150% of the normal time, and 75% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Male

Highest Graduation Rate (82.8%)

The student demographic with the highest graduation rate in 2023 at Reed College is Male and White (82.8% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.62% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
183 degrees awarded
Two or More Races
35 degrees awarded
Hispanic or Latino
29 degrees awarded

The most common race/ethnicity at Reed College is white (183 degrees awarded). There were 5.23 times more white recipients than the next closest race/ethnicity group, two or more races (35 degrees).

1.29% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
102 degrees awarded
White Male
81 degrees awarded
Hispanic or Latino Female
22 degrees awarded

The most common race/ethnicity and sex grouping at Reed College is white female (102 degrees awarded). There were 1.26 times more white female recipients than the next closest race/ethnicity group, white male (81 degrees).

Operations

Reed College has an endowment valued at nearly $721M, as of the end of the 2023 fiscal year. The return on its endowment was of 46.1M (6.39%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Reed College had a total salary expenditure of 117M. Reed College employs 78 Professors, 55 Assistant professors and 31 Associate professors. Most academics at Reed College are Male Professor (48), Female Professor (30), and Female Assistant professor (29).

The most common positions for non-instructional staff at Reed College are: Service, with 77 employees, Management, with 50 employees, and Computer, Engineering, and Science with 48 employees.

Endowment

$721M

2023 Endowment

3.51%

growth from 2022

Reed College has an endowment valued at about $721M, as of the end of the 2023 fiscal year. The endowment of Reed College grew 3.51% from the previous year. The value of their endowment was $669M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Reed College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$50.3M

2023 Salaries

5.8%

growth from 2022

In 2023, Reed College paid a median of $50.3M in salaries, which represents 43.1% of their overall expenditure ($117M) and a 5.8% growth from the previous year. This is compared to a 4.14% growth between 2021 and 2022, and a 2.68% decline between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$18.3M

Instructional Salaries

164

Number of Employees

In 2023, Reed College paid a total of $18.3M to 164 employees working as instructors, which represents 36.3% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

78 Employees

Service

Most Common Non-Instructional Employee

77 Employees

In 2023, the most common positions for instructional staff at Reed College were Professor with 78 employees, Assistant professor with 55 employees, and Associate professor with 31 employees.

In 2023, the most common positions for non-instructional staff at Reed College were Service with 77 employees, Management with 50 employees, and Computer, Engineering, and Science with 48 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Professor
Female Assistant professor

In 2023, the most common demographic for instructional staff at Reed College was Male Professor with 48 employees, Female Professor with 30 employees, and Female Assistant professor with 29 employees.

This chart shows the sex split between each academic rank present at Reed College.

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