<p>The title pretty much says it all. I think i just read a very confusing article which seemed to imply that Reed was not need-blind, so i just want to clarify.</p>
<p>"... only two or three dozen of the wealthiest private colleges in the country—such as Yale and Amherst—can afford to be need-blind."</p>
<p>Reed is not one of the wealthiest, thus is need-aware.</p>
<p>See Reed</a> Magazine: Financial Aid Quandary (5/7) for the full article on the Reed financial aid program.</p>
<p>Reading that article made me feel even prouder of my son! I had no idea there were so few Presidential Scholars each year. Wow.</p>
<p>Yeah, you should be. When I attended Reed, tuition in my freshman year was $1260. Room and board was $600. Total costs, including fees, about $2,000. "Inflating" that to the present time (2007) makes the cost about $14000. </p>
<p>So even in relative terms, Reed was a lot more affordable to the middle class then than it is now; but that's true of higher education in general. They've been trying especially hard in recent years to increase financial aid via special additions to the endowment.</p>
<p>I don't think you get better value for your money anyplace else.</p>
<p>mackinaw, I was curious, when did you graduate?
if you're close to 1974, then maybe you met Lon Peters, he was my econ professor this semester at Reed :)</p>
<p>It was several years before that, so I didn't meet Peters. I took econ at Reed from someone named Alphonse Jachimowski (not sure how long he taught at Reed).</p>