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Willamette University vs Reed College: which has better ROI?

Private nonprofit, Salem OR · vs · Private nonprofit, Portland OR

The verdict

Reed College has the better ROI: it clears its 4-year net cost of $132,052 in 9.1 years versus 11.8 years at Willamette University, on median earnings of $62,927 vs $56,911 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureWillamette UniversityReed College
Net price / yr$25,121$33,013
Total net cost$100,484$132,052
Median earnings, 10 yrs$56,911$62,927
Median debt$21,500$21,500
Payback11.8 yrs9.1 yrs
20-year net return$70,536$159,288

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Willamette University or Reed College?

Willamette University, at $25,121 a year after aid versus $33,013 — a gap of $7,892 a year, or $31,568 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Willamette University or Reed College graduates earn more?

Reed College graduates report a median $62,927 ten years after entry, $6,016 more than the $56,911 at Willamette University. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Willamette University or Reed College?

Completers at both borrow a median $21,500, so neither school has the debt advantage. That figure covers federal loans of students who finished — borrowers who leave early are not counted, and private loans sit outside it.

Which graduates more of its students?

71% of students finish at Reed College, against 71% at Willamette University. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Willamette University vs Reed College: frequently asked questions

Is Willamette University or Reed College a better value?
Reed College. It clears its $132,052 net cost in about 9.1 years versus 11.8 years at Willamette University, on median earnings of $62,927 vs $56,911 ten years out.
Which is cheaper, Willamette University or Reed College?
Willamette University: $25,121/yr net price after aid versus $33,013/yr at Reed College — a difference of $7,892 a year, or about $31,568 over four years.
Do Willamette University or Reed College graduates earn more?
Reed College graduates earn a median $62,927 ten years after entry, versus $56,911 at Willamette University — a $6,016 gap. This blends every major, so a specific field can flip it.