(ICPS), Literature-Theatre, Mathematics-Economics, and Mathematics-Physics. Reed offers dual-degree programs in Computer Science (with University of Washington), Engineering (with Caltech, Columbia University, and Rensselaer Polytechnic Institute), Forestry or Environmental Management (with Duke University), and Fine Art (with the Pacific Northwest College of Art). Rankings In 1995, Reed College refused to participate in the U.S. News & World Report "best colleges" rankings, making it the first educational institution in the United States to refuse to participate in college rankings. According to Reed's Office of Admissions the school's refusal to participate is based in 1994 disclosures by The Wall Street Journal about institutions flagrantly manipulating data in order to move up in the rankings in U.S. News and other popular college guides. U.S. News maintains that their rankings are "a very legitimate tool for getting at a certain level of knowledge about colleges." In 2019, a team of statistics students recreated the formula used by U.S. News and were able to identify and quantify the penalty imposed on Reed. The students found the college to be ranked an estimated 52 places below an unbiased application of the U.S. News scoring rubric. Money magazine ranked Reed 551st in the U.S. out of 739 schools evaluated for its 2020 "Best Colleges for Your Money" edition. Reed is ranked as tied for the 63rd best liberal arts college by U.S. News & World Report in its 2021 rankings, and tied for 16th in "Best Undergraduate Teaching", tied for 18th in "Most Innovative Schools", and tied for 199th in "Top Performers on Social Mobility". In 2006, Newsweek magazine named Reed as one of twenty-five "New Ivies", listing it among "the nation's elite colleges". In 2012, Newsweek ranked Reed the 15th "most rigorous" college in the nation. Reed College ranked in the bottom 6% of four year colleges nationwide in the Brookings Institution's rating of U.S. colleges by incremental impact on alumni earnings 10 years post-enrollment. An episode of Malcolm Gladwell's podcast Revisionist History examines the flaws in the U.S. News system of university rankings. The episode features a project done by a Reed professor of statistics and her students to investigate the mechanics of the ranking algorithm, attempting to see if Reed's ranking had been purposefully devalued because the school refused to submit its information to U.S. News. Previous investigations by Reed students to re-create U.S. News's statistical ranking algorithm found that Reed's correct 2019 rank was