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Reed College — ROI, Cost & Payback

Private nonprofit · Portland, OR · 1,320 students

The verdict

Reed College charges a net price of $33,013/yr after aid — a 4-year total of $132,052. Graduates earn a median $62,927 ten years after entry, $14,567/yr above the $48,360 high-school baseline, clearing the total in 9.1 years — a 20-year net return of $159,288, a solid payback. (Scorecard, 2026 · our math.)

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Reed College's 9.1-year payback ranks #746 of 1,280 US colleges we track — better ROI than 42% of them, and #8 of 38 in Oregon.

Better ROI than 42% of US colleges#746 of 1,280
Weakest ROIStrongest ROI
$33,013
Net price / yr
Scorecard, 2026
$62,927
Median earnings, 10 yrs
Scorecard, 2026
9.1 yrs
Payback
Our math, 2026
25%
Admission rate
Scorecard, 2026
Reed College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$33,013/yrScorecard, 2026
Total net cost (4 yrs)$132,052our math
Median earnings, 10 yrs after entry$62,927Scorecard, 2026
Earnings premium over HS baseline$14,567/yrour math
Median debt (completers)$21,500Scorecard, 2026
Payback9.1 yrsour math
20-year net return$159,288our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.

Reed College: frequently asked questions

Is Reed College worth the cost?
On the numbers, yes. Reed College charges $33,013/yr after aid ($132,052 over 4 years), and graduates earn a median $62,927 ten years out — $14,567/yr above the $48,360 high-school baseline. That clears the cost in 9.1 years and returns $159,288 net over 20 years, a solid payback.
How long does a Reed College degree take to pay off?
About 9.1 years. We divide the $132,052 four-year net cost by the $14,567/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Reed College cost after financial aid?
The median net price is $33,013/yr — about $132,052 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Reed College compare to other Oregon colleges?
It ranks #8 of 38 Oregon colleges we track by payback. Its $62,927 median earnings beat the national median of $43,552, and its $33,013 net price is above the national median of $16,906.