Analysis
Hillsdale's finance program appears positioned in the middle tier of Michigan finance outcomes, with comparable programs statewide suggesting first-year earnings around $57,000βa figure that trails schools like Michigan State ($68,000) and Oakland ($62,000) by meaningful margins. Given the college's 21% admission rate and 1433 average SAT, these earnings estimates reflect a program competing with Michigan's public universities for employer recognition, where the selective liberal arts model doesn't seem to command a premium in entry-level finance hiring.
The estimated debt load of $26,000 produces a manageable 0.46 debt-to-earnings ratio, slightly above the national median debt for finance programs ($23,000) but not dramatically so. This matters because the earnings gap with top Michigan programs compounds over timeβ$10,000+ less annually in early career represents significant ground to make up. The zero percent Pell grant figure suggests families here can likely absorb this debt, but it also means price sensitivity matters: you're paying private college costs for outcomes that currently look more like solid public university results.
The challenge is uncertainty. With both earnings and debt estimated from peer programs rather than Hillsdale's actual outcomes, you're making an investment based on how similar Michigan finance programs perform generally. If your student has Michigan State or Oakland as alternatives with proven track records in the $60-68K range, those represent lower-risk choices unless Hillsdale's educational model or network offers specific advantages you can identify beyond the numbers.
Where Hillsdale College Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Compare to Similar Programs in Michigan
Finance and Financial Management Services bachelors's programs at peer institutions in Michigan (30 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $32,092 | $56,804* | β | $25,990* | β | |
| $15,988 | $68,103* | $79,866 | $23,250* | 0.34 | |
| $14,694 | $61,804* | $78,839 | $23,944* | 0.39 | |
| $14,190 | $60,023* | $65,653 | $26,672* | 0.44 | |
| $55,746 | $59,926* | β | $24,979* | 0.42 | |
| β | $58,735* | $60,192 | $14,012* | 0.24 | |
| National Median | β | $53,590* | β | $23,332* | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Hillsdale College, approximately 0% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 17 similar programs in MI. Actual outcomes may vary.