Reed's tuition & fees has increased from $47,760 (2014) to $67,020 (2024), and the rate of tuition increase is 40.33% over the past 10 years.
Reed's tuition increase rate is lower than the Oregon's average increase rate of 68.89%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 39.78% from 2014 ($61,910).
For the current academic year 2023-2024, Reed's COA is $86,540, which is increased by 3.88% from last year.
The following table and chart show changes to Reed's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 40.33% for the last 10 years , and the 2024 tuition & fees are $67,020. The following table and chart show the tuition & fees changes at Reed College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,050, and it has not changed since 2014.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,050 | - |
|---|
| 2015-16 | $1,050 | |
|---|
| 2016-17 | $1,050 | |
|---|
| 2017-18 | $1,050 | |
|---|
| 2018-19 | $1,050 | |
|---|
| 2019-20 | $1,050 | |
|---|
| 2020-21 | $1,050 | |
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| 2021-22 | $1,050 | |
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| 2022-23 | $1,050 | |
|---|
| 2023-24 | $1,050 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 33.36% when a student lives on-campus facilities and 70.51% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Reed College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $13,100 | $7,660 | - |
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| 2015-16 | $13,490 | $7,880 | 2.98% |
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| 2016-17 | $14,050 | $11,930 | 4.15% |
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| 2017-18 | $14,570 | $12,240 | 3.70% |
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| 2018-19 | $15,817 | $12,947 | 8.56% |
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| 2019-20 | $16,181 | $13,111 | 2.30% |
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| 2020-21 | $16,430 | $13,000 | 1.54% |
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| 2021-22 | $17,190 | $13,240 | 4.63% |
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| 2022-23 | $17,500 | $13,700 | 1.80% |
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| 2023-24 | $18,470 | $14,340 | 5.54% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Reed College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Reed College | $67,020 | $64,760 | 3.49% |
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| Concordia University-Portland | $32,230 | $32,230 | - |
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|
| George Fox University | $40,940 | $39,540 | 3.54% |
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|
| University of Portland | $54,900 | $51,812 | 5.96% |
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|
| Lewis & Clark College | $62,350 | $59,684 | 4.47% |
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| Pacific University | $54,466 | $52,072 | 4.60% |
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