Reed College

www.reed.edu

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2021 Undergraduate Tuition

$62,420

3.5% growth from 2020

2021 Average Net Price

$33,056

After Financial Aid

2019 Student Loan

0.535%

Default Rate

2021 Acceptance Rate

43.8%

7,010 Applicants

2021 Enrolled Students

1,566

96.7% Full-Time

2021 Graduation Rate

72.7%

303 Graduates

About

Reed College is a higher education institution located in Multnomah County, OR. In 2021, the most popular Bachelors Degree concentrations at Reed College were General Psychology (26 degrees awarded), General Biological Sciences (25 degrees), and General Mathematics (22 degrees).

In 2021, 329 degrees were awarded across all undergraduate and graduate programs at Reed College. 49.8% of these degrees were awarded to women, and 50.2% awarded men. The most common race/ethnicity group of degree recipients was white (197 degrees), 6.57 times more than then the next closest race/ethnicity group, hispanic or latino (30 degrees).

The median undergraduate tuition at Reed College is $62,420, which is $33,915 more than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at Reed College is $62,420, which is $33,915 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $33,056.

In 2021, 54% of undergraduate students attending Reed College received financial aid through grants. Comparatively, 38% of undergraduate students received financial aid through loans.

Tuition Costs

$62,420

2021 Undergraduate Tuition

In 2021, the cost of tuition at Reed College was $62,420. The cost of tuition at Reed College is $33,915 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$33,056

2021 Value

2.72%

1 Year Growth

In 2021 Reed College had an average net price — the price paid after factoring in grants and loans — of $33,056. Between 2020 and 2021, the average net price of Reed College grew by 2.72%.

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

$13,265

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Reed College was of $13,265 in 2021. The cost of room and board increased by 1.38% between 2020 and 2021.

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

54%

Undergraduates Receiving Financial Aid through Grants

38%

Undergraduates Receiving Financial Aid through Loans

54% of undergraduate students at Reed College received financial aid through grants or loans in 2021. This represents a growth of 3.85% with respect to 2020, when 52% 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.

0.535%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Reed College was 0.535%, which represents 1 out of the 187 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 7,010 undergraduate applications in 2021, which represents a 24.1% annual growth. Out of those 7,010 applicants, 3,071 students were accepted for enrollment, representing a 43.8% acceptance rate.

There were 1,566 students enrolled at Reed College in 2021.

Reed College has an overall enrollment yield of 16.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

43.8%

Acceptance Rate in 2021

3,071

Accepted Out of 7,010

In 2021, the undergraduate acceptance rate of Reed College was 43.8% (3,071 admissions from 7,010 applications). This is higher than the acceptance rate of 2020, which was 42.3%. Between 2020 and 2021, the number of applicants grew by 24.1%, while admissions grew by 28.4%..

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.

Enrollment

Reed College had a total enrollment of 1,566 students in 2021. The full-time enrollment at Reed College is 1,515 students and the part-time enrollment is 51. This means that 96.7% of students enrolled at Reed College are enrolled full-time.

The enrolled student population at Reed College, both undergraduate and graduate, is 58.7% White, 10.9% Hispanic or Latino, 10.1% Two or More Races, 7.92% Asian, 1.34% Black or African American, and 0.128% American Indian or Alaska Native.

Students enrolled at Reed College in full-time Undergraduate programs are most commonly White Female (34.9%), followed by White Male (24.1%) and Hispanic or Latino Female (7.06%).

Full-Time vs Part-Time Enrollment

96.7%

Full-Time Enrollment

The total enrollment at Reed College in 2021, both undergraduate and graduate, is 1,566 students. The full-time enrollment at Reed College is 1,515 and the part-time enrollment is 51. This means that 96.7% of students enrolled at Reed College are enrolled full-time compared with 79.9% 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%

2021 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 (72%), 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 (2021)

White
920 enrolled students
Hispanic or Latino
171 enrolled students
Two or More Races
158 enrolled students

The enrolled student population at Reed College is 58.7% White, 10.9% Hispanic or Latino, 10.1% Two or More Races, 7.92% Asian, 1.34% Black or African American, and 0.128% 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 55% White, 13.5% 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, 33 students (2.11%) did not report their race.

Graduates

In 2021, 1 fewer women than men received degrees from Reed College. The most common race/ethnicity group of degree recipients at Reed College is white (197 degrees awarded). There were 6.57 times more white recipients than the next closest race/ethnicity group, hispanic or latino (30 degrees).

The most common Bachelor's Degree concentration at Reed College is General Psychology (26 degrees awarded), followed by General Biological Sciences (25 degrees) and General Mathematics (22 degrees).

In 2021, 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 Physical Sciences (37 degrees awarded), Language & Linguistics (24 degrees), and PHILOSOPHY AND RELIGIOUS STUDIES. (12 degrees).

Common Jobs by Major

Postsecondary teachers

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 Postsecondary teachers (157,476 people), Lawyers, & judges, magistrates, & other judicial workers (152,414 people), Other managers (148,002 people), Elementary & middle school teachers (128,147 people), and Secondary school teachers (92,994 people).

The most specialized majors at Reed College in 2021 are Physical Sciences (37 degrees awarded), Language & Linguistics (24 degrees), PHILOSOPHY AND RELIGIOUS STUDIES. (12 degrees), Natural Resources & Conservation (18 degrees), and History (16 degrees) (as of 2021).

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, Diagnostic medical sonographers, Magnetic resonance imaging technologists, Cardiovascular technologists and technicians, and Physicians

The most specialized majors at Reed College are Physical Sciences (37 degrees awarded), Language & Linguistics (24 degrees), PHILOSOPHY AND RELIGIOUS STUDIES. (12 degrees), Natural Resources & Conservation (18 degrees), and History (16 degrees) (as of 2021).

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 (298,795 people), Colleges, universities & professional schools, including junior colleges (293,857 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (124,890 people), Legal services (117,548 people), and Computer Systems Design (113,463 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 (2021)

General Psychology
26 degrees awarded
General Biological Sciences
25 degrees awarded
General Mathematics
22 degrees awarded

In 2021, 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

165

Degrees Awarded to Men

in 2021

164

Degrees Awarded to Women

in 2021

In 2021, 165 degrees were awarded to men at Reed College, which is 1.01 times more than the number of degrees awarded to females (164).

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

Most Common Male Majors

In 2021, 18 degrees were awarded to men at Reed College in General Mathematics, which is 4.5 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2021, 18 degrees were awarded to men at Reed College in General Psychology, which is 2.25 times more than the 8 male recipients with that same degree.

Time to Complete

64%

100% Completion Time

76%

150% Completion Time

In 2021, 64% of students graduating from Reed College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 76% completed their degrees within 150% of the normal time, and 78% 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 Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Reed College is Female and Black or African American (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.9%).

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, 2.64% of graduates (8 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
197 degrees awarded
Hispanic or Latino
30 degrees awarded
Two or More Races
21 degrees awarded

The most common race/ethnicity at Reed College is white (197 degrees awarded). There were 6.57 times more white recipients than the next closest race/ethnicity group, hispanic or latino (30 degrees).

3.04% of degree recipients (10 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
99 degrees awarded
White Female
98 degrees awarded
Hispanic or Latino Female
19 degrees awarded

The most common race/ethnicity and sex grouping at Reed College is white male (99 degrees awarded). There were 1.01 times more white male recipients than the next closest race/ethnicity group, white female (98 degrees).

Operations

Reed College has an endowment valued at nearly $747M, as of the end of the 2021 fiscal year. The return on its endowment was of 227M (30.4%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Reed College had a total salary expenditure of 103M. Reed College employs 66 Professors, 45 Assistant professors and 42 Associate professors. Most academics at Reed College are Male Professor (44), Female Assistant professor (27), and Male No academic rank (23).

The most common positions for non-instructional staff at Reed College are: Service, with 72 employees, Business and Financial Operations, with 47 employees, and Management with 45 employees.

Endowment

$747M

2021 Endowment

37.1%

growth from 2020

Reed College has an endowment valued at about $747M, as of the end of the 2021 fiscal year. The endowment of Reed College grew 37.1% from the previous year. The value of their endowment was $695M 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

$45.7M

2021 Salaries

2.68%

decline from 2020

In 2021, Reed College paid a median of $45.7M in salaries, which represents 44.3% of their overall expenditure ($103M) and a 2.68% decline from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

Instructional Salaries

$17.5M

Instructional Salaries

192

Number of Employees

In 2021, Reed College paid a total of $17.5M to 192 employees working as instructors, which represents 38.2% of all salaries paid.

This is compared to a median of $4.92M (32.5%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

66 Employees

Service

Most Common Non-Instructional Employee

72 Employees

In 2021, the most common positions for instructional staff at Reed College were Professor with 66 employees, Assistant professor with 45 employees, and Associate professor with 42 employees.

In 2021, the most common positions for non-instructional staff at Reed College were Service with 72 employees, Business and Financial Operations with 47 employees, and Management with 45 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Assistant professor
Male No academic rank

In 2021, the most common demographic for instructional staff at Reed College was Male Professor with 44 employees, Female Assistant professor with 27 employees, and Male No academic rank with 23 employees.

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