Editing Reed College (section)

===Tuition and finances===
The total direct cost for the 2022–23 academic year, including tuition, fees and room-and-board, was $80,710.<ref name=":8">{{Cite web |title=Costs & Financial Aid - Admission - Reed College |url=https://www.reed.edu/apply/costs.html |access-date=2023-04-06 |website=www.reed.edu}}</ref> Indirect costs (books, supplies, transportation, personal expenses) could be another $3,950.<ref name="ReferenceA">{{cite web |last1=College |first1=Reed |title=Reed College {{!}} Admission {{!}} Costs & Financial Aid |url=http://www.reed.edu/apply/costs.html |access-date=14 April 2018 |website=www.reed.edu |language=en-us}}</ref> For the 2022&ndash;23 academic year, the average financial aid package was $52,284.<ref name=":8" /> In 2022–23 over half of students received financial aid from the college.<ref name=":8" /> In 2004, 1.4% of Reed graduates defaulted on their student loans<ref>{{cite web|title=Official Cohort Default Rate |work=U.S. Department of Education |url=http://wdcrobcolp01.ed.gov/CFAPPS/COHORT/cohortdata_detail.cfm?Record_ID=4293&record=1&TOTAL_REC=1 |access-date=April 11, 2007 |url-status=dead |archive-url=https://web.archive.org/web/20110716145707/http://wdcrobcolp01.ed.gov/CFAPPS/COHORT/cohortdata_detail.cfm?Record_ID=4293&record=1&TOTAL_REC=1 |archive-date=July 16, 2011 }}</ref> –  below the national [[Cohort Default Rate]] average of 5.1%.<ref>{{cite web | title = Cohort Default Rates for Schools | publisher = U.S. Department of Education | url = http://www.ed.gov/offices/OSFAP/defaultmanagement/cdr.html | access-date = April 11, 2007}}</ref>

Reed's endowment as of June 30, 2023, was $764 million.<ref name="auto">As of June 30, 2023. {{cite report |title = Reed College Endowment 2023 Report |url=https://www.reed.edu/investments/assets/downloads/endowment-public-report-fy-2023.pdf}}</ref> In the economic downturn that began in late 2007, Reed's total endowment had declined from $455 million in June 2007 to $311 million in June 2009.<ref>Matthew Kish, "Reed College endowment begins to recover", ''Portland Business Journal'', [http://www.bizjournals.com/portland/print-edition/2011/05/27/reed-college-endowment-begins-to-recover.html?page=all May 27, 2011].</ref> By the end of 2013, however, the endowment surpassed the $500 million mark.<ref>{{Cite web |url=https://www.bizjournals.com/portland/news/2013/11/20/reed-college-endowment-above-500-million.html |url-status=live |archive-date=Dec 1, 2013 |archive-url=https://web.archive.org/web/20131201120804/http://www.bizjournals.com/portland/news/2013/11/20/reed-college-endowment-above-500-million.html |first=Matthew |last=Kish |title=Reed College endowment bounces back, climbs above $500 million |date=Nov 20, 2013 |website=www.bizjournals.com |language=en |access-date=21 August 2023}}</ref>