Median Earnings (1yr)
$32,634
59th percentile
60th percentile in Oregon
Median Debt
$22,844
10% below national median

Analysis

Reed's psychology program sits squarely in the middle of the pack—60th percentile in Oregon, 59th nationally—with recent graduates earning $32,634 initially. That's competitive for psychology but not enough to distinguish this highly selective liberal arts college from much less expensive alternatives. Pacific University and Oregon State graduates earn roughly $2,000-$2,300 more right out of college, and they're not charging Reed-level tuition to get there.

The debt figure of $22,844 looks reasonable at first glance, but remember this only captures federal loans. At a school where 88% of students come from families that don't qualify for Pell grants and the sticker price exceeds $80,000 annually, many families are either paying substantially out of pocket or taking private loans that don't appear in this data. The 18% earnings growth to $38,334 after four years is solid, but it doesn't fundamentally change the economic equation for a family stretching to afford Reed.

Here's the practical consideration: if your child is genuinely drawn to Reed's academic rigor and conference-style classes, understand you're paying a premium for the educational experience itself, not career earnings. The small sample size (under 30 graduates) means these numbers could shift significantly year to year, but they suggest psychology graduates here earn roughly what they would at less expensive Oregon schools.

Where Reed College Stands

Earnings vs. debt across all psychology bachelors's programs nationally

Earnings Distribution

How Reed College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Reed College$32,634$38,334+17%
Pacific University$34,930$48,027+37%
Lewis & Clark College$26,790$48,023+79%
University of Portland$28,420$47,168+66%
Oregon State University$34,736$44,498+28%

Compare to Similar Programs in Oregon

Psychology bachelors's programs at peer institutions in Oregon (19 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Reed CollegePortland$67,020$32,634$38,334$22,8440.70
Pacific UniversityForest Grove$54,466$34,930$48,027$27,0000.77
Oregon State UniversityCorvallis$13,494$34,736$44,498$25,3400.73
Oregon State University-Cascades CampusBend$12,594$34,736$44,498$25,3400.73
Linfield UniversityMcMinnville$49,530$34,628$27,0000.78
Western Oregon UniversityMonmouth$11,025$34,038$43,164$23,4480.69
National Median$31,482$25,5000.81

Career Paths

Occupations commonly associated with psychology graduates

Industrial-Organizational Psychologists

Apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training, and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

$94,310/yrJobs growth:

Clinical and Counseling Psychologists

Assess, diagnose, and treat mental and emotional disorders of individuals through observation, interview, and psychological tests. Help individuals with distress or maladjustment understand their problems through their knowledge of case history, interviews with patients, and theory. Provide individual or group counseling services to assist individuals in achieving more effective personal, social, educational, and vocational development and adjustment. May design behavior modification programs and consult with medical personnel regarding the best treatment for patients.

$94,310/yrJobs growth:

Psychologists, All Other

All psychologists not listed separately.

$94,310/yrJobs growth:

Neuropsychologists

Apply theories and principles of neuropsychology to evaluate and diagnose disorders of higher cerebral functioning, often in research and medical settings. Study the human brain and the effect of physiological states on human cognition and behavior. May formulate and administer programs of treatment.

$94,310/yrJobs growth:

Clinical Neuropsychologists

Assess and diagnose patients with neurobehavioral problems related to acquired or developmental disorders of the nervous system, such as neurodegenerative disorders, traumatic brain injury, seizure disorders, and learning disabilities. Recommend treatment after diagnosis, such as therapy, medication, or surgery. Assist with evaluation before and after neurosurgical procedures, such as deep brain stimulation.

$94,310/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Managers, All Other

All managers not listed separately.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Social Science Research Assistants

Assist social scientists in laboratory, survey, and other social science research. May help prepare findings for publication and assist in laboratory analysis, quality control, or data management.

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 24 graduates with reported earnings and 26 graduates with debt data. Small samples may not be representative.