Can’t say the same about medical school, but Reed College does exceptionally well in sending folks off to graduate school in biology. Our program is fantastic, has professors who win large grants from NIH and NSF, and is filled with bright students. Research opportunities also abound (http://www.reed.edu/reed-magazine/articles/2017/applewhite-grant-nih-craniofacial.html); even some physics majors find research gigs in the biology department.
I know folks who finished with 3.1-3.3 GPAs and made it into top graduate schools (Stanford) for their PhDs. Even folks with very low GPAs get research gigs after they graduate at OHSU. These observations are also statistically significant looking at PhD productivity. We also give great financial aid; I know lots of “middle-class” students who denied offers from other top LACs because Reed gave them more. (https://www.princetonreview.com/college-rankings?rankings=best-financial-aid)
But, it’s a small school, specialized interests may be slightly difficult to cater to, etc. The department graduates 30-40 students every year, which is 10% of graduating students. A 3.2 GPA won’t really cut it for med schools, even though it’s a lot of hard work to have here. You could probably apply these points generally to several LACs.
I try not to put Reed on a pedestal, as it does have flaws in other departments, like sociology, and has lots of other issues. But biology is, without a doubt, one of Reed’s strongest features.