Reed College

www.reed.edu

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2020 Undergraduate Tuition

$60,310

3.75% growth from 2019

2020 Average Net Price

$33,980

After Financial Aid

2018 Student Loan

2.14%

Default Rate

2020 Acceptance Rate

42.3%

5,647 Applicants

2020 Enrolled Students

1,385

96.6% Full-Time

2020 Graduation Rate

76.5%

264 Graduates

About

Reed College is a higher education institution located in Multnomah County, OR. In 2020, the most popular Bachelor's Degree concentrations at Reed College were General Psychology (26 degrees awarded), Econometrics & Quantitative Economics (23 degrees), and General Political Science & Government (20 degrees).

In 2020, 313 degrees were awarded across all undergraduate and graduate programs at Reed College. 55.3% of these degrees were awarded to women, and 44.7% awarded men. The most common race/ethnicity group of degree recipients was white (187 degrees), 4.56 times more than then the next closest race/ethnicity group, hispanic or latino (41 degrees).

The median undergraduate tuition at Reed College is $60,310, which is $31,910 more than the national average for Baccalaureate Colleges ($28,400).

Costs

The median undergraduate tuition at Reed College is $60,310, which is $31,910 more than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $33,980.

In 2020, 52% of undergraduate students attending Reed College received financial aid through grants. Comparatively, 38% of undergraduate students received financial aid through loans.

Tuition Costs

$60,310

2020 Undergraduate Tuition

In 2020, the cost of tuition at Reed College was $60,310. The cost of tuition at Reed College is $31,910 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

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

Average Net Price

$33,980

2020 Value

5.96%

1 Year Growth

In 2020 Reed College had an average net price — the price paid after factoring in grants and loans — of $33,980. Between 2019 and 2020, the average net price of Reed College grew by 5.96%.

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

$13,085

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Reed College was of $13,085 in 2020. During the same period, the average yearly cost of books and supplies was $1,050. The cost of room and board increased by 2.43% between 2019 and 2020. 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

52%

Undergraduates Receiving Financial Aid through Grants

38%

Undergraduates Receiving Financial Aid through Loans

52% of undergraduate students at Reed College received financial aid through grants or loans in 2020. This represents a growth of 1.96% with respect to 2019, when 51% 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.

2.14%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Reed College was 2.14%, which represents 5 out of the 234 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 5,647 undergraduate applications in 2020, which represents a 2.89% annual decline. Out of those 5,647 applicants, 2,391 students were accepted for enrollment, representing a 42.3% acceptance rate.

There were 1,385 students enrolled at Reed College in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

Reed College has an overall enrollment yield of 15.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

42.3%

Acceptance Rate in 2020

2,391

Accepted Out of 5,647

In 2020, the undergraduate acceptance rate of Reed College was 42.3% (2,391 admissions from 5,647 applications). This is higher than the acceptance rate of 2019, which was 39.5%. Between 2019 and 2020, the number of applicants declined by −2.89%, while admissions grew by 4.18%.

This chart compares the acceptance rate of Reed College (in red) with that of other similar universities.

SAT Scores

N/A%

Submission Percentage

Scores Submitted

N/A% of enrolled first-time students at Reed College in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Reed College has a total enrollment of 1,385 students. The full-time enrollment at Reed College is 1,338 students and the part-time enrollment is 47. This means that 96.6% of students enrolled at Reed College are enrolled full-time.

The enrolled student population at Reed College, both undergraduate and graduate, is 58.5% White, 10.4% Hispanic or Latino, 9.89% Two or More Races, 6.71% Asian, 1.37% Black or African American, 0.0722% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Reed College in full-time Undergraduate programs are most commonly White Female (31.8%), followed by White Male (26.8%) and Hispanic or Latino Female (6.73%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

96.6%

Full-Time Enrollment

The total enrollment at Reed College, both undergraduate and graduate, is 1,385 students. The full-time enrollment at Reed College is 1,338 and the part-time enrollment is 47. This means that 96.6% of students enrolled at Reed College are enrolled full-time compared with 80.1% 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

83%

2020 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 83%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), 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

White
810
Hispanic or Latino
144
Two or More Races
137

The enrolled student population at Reed College is 58.5% White, 10.4% Hispanic or Latino, 9.89% Two or More Races, 6.71% Asian, 1.37% Black or African American, 0.0722% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 54.8% White, 13.8% Black or African American, and 13.4% Hispanic or Latino.

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, 36 students (2.6%) did not report their race.

Graduates

In 2020, 33 more women than men received degrees from Reed College. The most common race/ethnicity group of degree recipients at Reed College is white (187 degrees awarded). There were 4.56 times more white graduates than the next closest race/ethnicity group, hispanic or latino (41 degrees).

The most common Bachelor's Degree concentration at Reed College is General Psychology (26 degrees awarded), followed by Econometrics & Quantitative Economics (23 degrees) and General Political Science & Government (20 degrees).

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 (28 degrees), and Physical Sciences (31 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 (429,699 people), Other managers (298,362 people), Postsecondary teachers (232,222 people), Elementary & middle school teachers (228,649 people), and Chief executives & legislators (138,930 people).

The most specialized majors at Reed College are Philosophy and Religious Studies (15 degrees awarded), Language & Linguistics (28 degrees), Physical Sciences (31 degrees), History (18 degrees), and Social Sciences (66 degrees).

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, Physicians, Clinical and counseling psychologists, Aerospace engineers, and Computer hardware engineers

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 (493,752 people), Colleges, universities & professional schools, including junior colleges (463,131 people), Legal services (337,576 people), Computer Systems Design (220,034 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (213,610 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

General Psychology
26 degree-majorss awarded
Econometrics & Quantitative Economics
23 degree-majorss awarded
General Political Science & Government
20 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Reed College was General Psychology 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

140

Degrees Awarded to Men

in 2020

173

Degrees Awarded to Women

in 2020

In 2020, 140 degrees were awarded to men at Reed College, which is 0.809 times less than the number of degrees awarded to females (173).

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

Most Common Male Majors

In 2020, 17 degrees were awarded to men at Reed College in Econometrics & Quantitative Economics, which is 2.83 times more than the 6 female recipients with that same degree.

Most Common Female Majors

In 2020, 18 degrees were awarded to women at Reed College in General Psychology, which is 2.25 times more than the 8 male recipients with that same degree.

Time to Complete

68%

100% Completion Time

81%

150% Completion Time

In 2020, 68% of students graduating from Reed College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 81% completed their degrees within 150% of the normal time, and 83% 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.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Reed College is Male and Black or African American (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.4%).

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, 3.41% of graduates (9 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
187 degrees awarded
Hispanic or Latino
41 degrees awarded
Asian
23 degrees awarded

The most common race/ethnicity at Reed College is white (187 degrees awarded). There were 4.56 times more white recipients than the next closest race/ethnicity group, hispanic or latino (41 degrees).

2.56% of degree recipients (8 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
95 degrees awarded
White Male
92 degrees awarded
Hispanic or Latino Female
25 degrees awarded

The most common race/ethnicity and sex grouping at Reed College is white female (95 degrees awarded). There were 1.03 times more white female recipients than the next closest race/ethnicity group, white male (92 degrees).

Operations

Reed College has an endowment valued at nearly $545M, as of the end of the 2020 fiscal year. The return on its endowment was of $9.16M (1.68%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, Reed College had a total salary expenditure of $103M. Reed College employs 61 Professors, 44 No academic ranks, and 34 Associate professors. Most academics at Reed College are Male Professors (39), Female No academic ranks(23), and Female Professors (22).

The most common positions for non-instructional staff at Reed College are: Service, with 74 employees, Computer, Engineering, and Science, with 52 employees, and Management with 47 employees.

Endowment

$545M

2020 Endowment

6.52%

decline from 2019

Reed College has an endowment valued at about $545M, as of the end of the 2020 fiscal year. The endowment of Reed College declined 6.52% from the previous year. The value of their endowment was $505M 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.

Government Grants and Contracts

Grants & Contracts

$1.87M - Federal
$0 - State
$0 - Local

As of 2020, Reed College received $1.87M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$46.9M

2020 Salaries

5.72%

growth from 2019

In 2020, Reed College paid a median of $46.9M in salaries, which represents 45.7% of their overall expenditure ($103M) and a 5.72% growth from the previous year. This is compared to a 5.33% growth from 2018 and a 4.76% growth from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

Instructional Salaries

$16.7M

Instructional Salaries

170

Number of Employees

In 2020, Reed College paid a total of $16.7M to 170 employees working as instructors, which represents 35.6% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

61 Employees

Service

Most Common Non-Instructional Employee

74 Employees

In 2020, the most common positions for instructional staff at Reed College were Professor with 61 employees; No academic rank with 44 employees; and No academic rank with 34 employees.

In 2020, the most common positions for non-instructional staff at Reed College were Service with 74 employees; Computer, Engineering, and Science with 52 employees; and Management with 47 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Female No academic rank
Female Professor

In 2020, the most common demographic for instructional staff at Reed College was Male Professor with 39 employees, Female No academic rank with 23 employees, and Female Professor with 22 employees.

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