Economics at Reed College
Bachelor's Degree
Analysis
Reed's economics graduates earn roughly $53,000 a year after graduation—substantially above Oregon's median of $46,000 for the program and moderately ahead of the national benchmark. Among Oregon's 14 economics programs, this performance places Reed at the top, outpacing even Lewis & Clark and Portland State despite Reed's rigorous liberal arts focus and notably lower Pell grant enrollment (just 12%). The debt load of $22,842 is close to both state and national medians, yielding a manageable 0.43 debt-to-earnings ratio.
However, the small sample size here (under 30 graduates) means these figures could shift considerably year to year. Reed's highly selective admissions and academic intensity attract students who might succeed financially regardless of their major, making it difficult to isolate the program's specific contribution to outcomes. Still, for families already drawn to Reed's distinctive educational model, the economics track appears to deliver competitive early earnings without excessive debt—a reasonable outcome for a liberal arts degree at a selective institution.
If your student thrives in Reed's unconventional environment and values intellectual rigor over pre-professional training, these numbers suggest the economics program won't undermine their financial footing. Just recognize that the small cohort makes this more of a directional signal than a precise forecast.
Where Reed College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Reed College graduates compare to all programs nationally
Reed College graduates earn $53k, placing them in the 55th percentile of all economics bachelors programs nationally.
Compare to Similar Programs in Oregon
Economics bachelors's programs at peer institutions in Oregon (14 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Reed College | $53,110 | — | $22,842 | 0.43 |
| Lewis & Clark College | $49,576 | $52,177 | $25,246 | 0.51 |
| Portland State University | $47,865 | $52,205 | $24,949 | 0.52 |
| Willamette University | $45,993 | $67,830 | $19,500 | 0.42 |
| University of Oregon | $45,941 | $64,476 | $19,305 | 0.42 |
| Oregon State University | $45,708 | $63,764 | $23,849 | 0.52 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Oregon
Compare tuition, earnings, and debt across Oregon schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Lewis & Clark College Portland | $62,350 | $49,576 | $25,246 |
| Portland State University Portland | $11,238 | $47,865 | $24,949 |
| Willamette University Salem | $48,268 | $45,993 | $19,500 |
| University of Oregon Eugene | $15,669 | $45,941 | $19,305 |
| Oregon State University Corvallis | $13,494 | $45,708 | $23,849 |
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.
Sample Size: Based on 21 graduates with reported earnings and 22 graduates with debt data. Small samples may not be representative.