Analysis
Reed's selective chemistry program—drawing students with 1420 average SATs—appears to produce first-year outcomes that mirror the broader Oregon market. Based on comparable chemistry programs in the state, graduates typically earn around $42,000 their first year, essentially matching both the state and national medians for this major. The estimated $22,750 in debt sits slightly below typical borrowing levels, creating a debt-to-earnings ratio of 0.54 that suggests manageable repayment.
What's harder to gauge is whether Reed's distinctive approach—known for its intensive thesis requirement and graduate school preparation—translates into medium-term advantages that don't show up in these year-one figures. Chemistry graduates often pursue advanced degrees or postdoctoral positions with modest initial salaries before reaching higher earning potential. If your child plans to continue to graduate school, that path may align well with Reed's strengths, though the immediate financial return won't look dramatically different from state schools like Oregon State.
The practical challenge: you're paying Reed's tuition based on peer program estimates rather than track record data specific to this major. If chemistry is the definite plan and employment after the bachelor's is the goal, programs with actual reported outcomes offer more certainty about what you're buying.
Where Reed College Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in Oregon
Chemistry bachelors's programs at peer institutions in Oregon (14 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $67,020 | $41,779* | — | $22,750* | — | |
| $13,494 | $41,779* | $56,658 | $25,500* | 0.61 | |
| $12,594 | $41,779* | $56,658 | $25,500* | 0.61 | |
| $11,238 | $35,395* | $54,740 | $24,773* | 0.70 | |
| National Median | — | $42,581* | — | $24,000* | 0.56 |
Career Paths
Occupations commonly associated with chemistry graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Computer and Information Research Scientists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Chemists
Chemistry Teachers, Postsecondary
Environmental Science Teachers, Postsecondary
Physics Teachers, Postsecondary
Environmental Scientists and Specialists, Including Health
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Reed College, approximately 12% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 3 similar programs in OR. Actual outcomes may vary.