Reed College

https://www.reed.edu

Add Comparison

2024 Undergraduate Tuition

$69,040

3.49% growth from 2023

2024 Average Net Price

$30,953

After Financial Aid

2024 Acceptance Rate

24.6%

9,431 Applicants

2024 Enrolled Students

1,358

97% Full-Time

2024 Graduation Rate

71.5%

258 Graduates

About

Reed College is a higher education institution located in Multnomah County, OR. In 2024, the most popular Bachelors Degree concentrations at Reed College were General English Language & Literature (26 degrees awarded), Experimental Psychology (24 degrees), and Econometrics & Quantitative Economics (21 degrees).

In 2024, 315 degrees were awarded across all undergraduate and graduate programs at Reed College. 59.7% of these degrees were awarded to women, and 40.3% awarded men. The most common race/ethnicity group of degree recipients was white (189 degrees), 5.4 times more than then the next closest race/ethnicity group, hispanic or latino (35 degrees).

The median undergraduate tuition at Reed College is $69,040, which is $40,862 more than the national average for Baccalaureate Colleges ($28,178).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2024, the median undergraduate tuition at Reed College is $69,040, which is $40,862 more than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $30,953.

In 2024, 55% of undergraduate students attending Reed College received financial aid through grants. Comparatively, 40% of undergraduate students received financial aid through loans.

Tuition Costs

$69,040

2024 Undergraduate Tuition

In 2024, the cost of tuition at Reed College was $69,040. The cost of tuition at Reed College is $40,862 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

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

Average Net Price

$30,953

2024 Value

16.3%

1 Year Growth

In 2024 Reed College had an average net price — the price paid after factoring in grants and loans — of $30,953. Between 2023 and 2024, the average net price of Reed College grew by 16.3%.

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

$14,755

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Reed College was of $14,755 in 2024. The cost of room and board increased by 5.02% between 2023 and 2024.

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

55%

Undergraduates Receiving Financial Aid through Grants

40%

Undergraduates Receiving Financial Aid through Loans

55% of undergraduate students at Reed College received financial aid through grants or loans in 2024. This represents a growth of 3.77% with respect to 2023, when 53% 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.

Admissions

Reed College received 9,431 undergraduate applications in 2024, which represents a 6.11% annual growth. Out of those 9,431 applicants, 2,321 students were accepted for enrollment, representing a 24.6% acceptance rate.

There were 1,358 students enrolled at Reed College in 2024. 52% of first-time enrollees submitted SAT scores with their applications.

Reed College has an overall enrollment yield of 13.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

24.6%

Acceptance Rate in 2024

2,321

Accepted Out of 9,431

In 2024, the undergraduate acceptance rate of Reed College was 24.6% (2,321 admissions from 9,431 applications). This is lower than the acceptance rate of 2023, which was 27.2%. Between 2023 and 2024, the number of applicants declined by 6.11%, while admissions declined by 14.9%.

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

52%

Submission Percentage (2024)

158

Scores Submitted (2024)

52% of enrolled first-time students at Reed College in 2024 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 1,358 students in 2024. The full-time enrollment at Reed College is 1,317 students and the part-time enrollment is 41. This means that 97% of students enrolled at Reed College are enrolled full-time.

The enrolled student population at Reed College, both undergraduate and graduate, is 57.4% White, 12.1% Hispanic or Latino, 10.1% Two or More Races, 8.1% Asian, 1.69% Black or African American, and 0.295% American Indian or Alaska Native.

Students enrolled at Reed College in full-time Undergraduate programs are most commonly White Female (32.2%), followed by White Male (26.5%) and Hispanic or Latino Female (8.01%).

Full-Time vs Part-Time Enrollment

97%

Full-Time Enrollment

The total enrollment at Reed College in 2024, both undergraduate and graduate, is 1,358 students. The full-time enrollment at Reed College is 1,317 and the part-time enrollment is 41. This means that 97% of students enrolled at Reed College are enrolled full-time compared with 78.9% 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

88%

2024 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 88%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), 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 (2024)

White
779 enrolled students
Hispanic or Latino
164 enrolled students
Two or More Races
137 enrolled students

The enrolled student population at Reed College is 57.4% White, 12.1% Hispanic or Latino, 10.1% Two or More Races, 8.1% Asian, 1.69% Black or African American, and 0.295% 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 50.5% White, 15.6% Hispanic or Latino, and 13.2% 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, 17 students (1.25%) did not report their race.

Graduates

In 2024, 61 more women than men received degrees from Reed College. The most common race/ethnicity group of degree recipients at Reed College is white (189 degrees awarded). There were 5.4 times more white recipients than the next closest race/ethnicity group, hispanic or latino (35 degrees).

The most common Bachelor's Degree concentration at Reed College is General English Language & Literature (26 degrees awarded), followed by Experimental Psychology (24 degrees) and Econometrics & Quantitative Economics (21 degrees).

In 2024, 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 Philosophy and Religious Studies (15 degrees awarded), Language & Linguistics (17 degrees), and English (26 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

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 Lawyers, & judges, magistrates, & other judicial workers (225,861 people), Postsecondary teachers (209,615 people), Elementary & middle school teachers (199,125 people), Other managers (197,063 people), and Secondary school teachers (172,739 people).

The most specialized majors at Reed College in 2024 are Philosophy and Religious Studies (15 degrees awarded), Language & Linguistics (17 degrees), English (26 degrees), Physical Sciences (20 degrees), and History (13 degrees) (as of 2024).

Highest Paying Jobs by Major

Magnetic resonance imaging technologists

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 Magnetic resonance imaging technologists, Surgeons, Diagnostic medical sonographers, Cardiovascular technologists and technicians, and Economists

The most specialized majors at Reed College are Philosophy and Religious Studies (15 degrees awarded), Language & Linguistics (17 degrees), English (26 degrees), Physical Sciences (20 degrees), and History (13 degrees) (as of 2024).

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 (519,397 people), Colleges, universities & professional schools, including junior colleges (417,345 people), Legal services (181,887 people), Computer Systems Design (176,788 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (166,214 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 (2024)

General English Language & Literature
26 degrees awarded
Experimental Psychology
24 degrees awarded
Econometrics & Quantitative Economics
21 degrees awarded

In 2024, the most common bachelors degree concentration at Reed College was General English Language & Literature with 26 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

127

Degrees Awarded to Men

in 2024

188

Degrees Awarded to Women

in 2024

In 2024, 127 degrees were awarded to men at Reed College, which is 0.676 times less than the number of degrees awarded to females (188).

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

Most Common Male Majors

In 2024, 12 degrees were awarded to men at Reed College in Econometrics & Quantitative Economics, which is 1.33 times more than the 9 female recipients with that same degree.

Most Common Female Majors

In 2024, 20 degrees were awarded to men at Reed College in General English Language & Literature, which is 3.33 times more than the 6 male recipients with that same degree.

Time to Complete

67%

100% Completion Time

80%

150% Completion Time

In 2024, 67% of students graduating from Reed College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 80% completed their degrees within 150% of the normal time, and 80% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
189 degrees awarded
Hispanic or Latino
35 degrees awarded
Two or More Races
32 degrees awarded

The most common race/ethnicity at Reed College is white (189 degrees awarded). There were 5.4 times more white recipients than the next closest race/ethnicity group, hispanic or latino (35 degrees).

1.27% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
124 degrees awarded
White Female
112 degrees awarded
White Female
110 degrees awarded

The most common race/ethnicity and sex grouping at Reed College is white female (124 degrees awarded). There were 1.11 times more white female recipients than the next closest race/ethnicity group, white female (112 degrees).

Operations

Reed College has an endowment valued at nearly $791M, as of the end of the 2024 fiscal year. The return on its endowment was of 102M (12.9%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, Reed College had a total salary expenditure of 119M. Reed College employs 76 Professors, 54 Assistant professors and 34 Associate professors. Most academics at Reed College are Male Professor (46), Female Professor (30), and Female Assistant professor (29).

The most common positions for non-instructional staff at Reed College are: Service, with 77 employees, Office and Administrative Support, with 53 employees, and Business and Financial Operations with 51 employees.

Endowment

$791M

2024 Endowment

9.72%

growth from 2023

Reed College has an endowment valued at about $791M, as of the end of the 2024 fiscal year. The endowment of Reed College grew 9.72% from the previous year. The value of their endowment was $742M 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

$50.6M

2024 Salaries

0.508%

growth from 2023

In 2024, Reed College paid a median of $50.6M in salaries, which represents 42.5% of their overall expenditure ($119M) and a 0.508% growth from the previous year. This is compared to a 5.8% growth between 2022 and 2023, and a 4.14% growth between 2021 and 2022.

Instructional Salaries

$18.6M

Instructional Salaries

164

Number of Employees

In 2024, Reed College paid a total of $18.6M to 164 employees working as instructors, which represents 36.7% of all salaries paid.

This is compared to a median of $522k (3.48%) for similar Baccalaureate Colleges.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Reed College were Service with 77 employees, Office and Administrative Support with 53 employees, and Business and Financial Operations with 51 employees.

Keep Exploring