 In 2015, "Money" magazine ranked Reed College 196th among U.S. colleges with an overall score of C+ based on its aggregate score on measures of educational quality, tuition costs, and post-graduation alumni earnings.Reed is ranked as tied for the 93rd best liberal arts college by "U.S. News & World Report" in its 2016 rankings, and tied for 18th in its high school counselor rankings, although the former has been harshly criticized by the college.In 2006, "Newsweek" magazine named Reed as one of twenty-five "New Ivies", listing it among "the nation's elite colleges."