Analysis
Hope College's business graduates start below Michigan's state average ($45,590 vs. $50,550) and remain there even after strong earnings growth, landing in the 40th percentile among Michigan business programs. With top programs like Michigan State and Grand Valley producing graduates who earn $10,000-$25,000 more at comparable career stages, families need to weigh whether Hope's smaller, private college environment justifies this earnings gapβespecially when in-state tuition at public alternatives typically costs less.
The 33% earnings jump from year one to year four is encouraging and suggests graduates gain traction in their careers. The $26,000 median debt sits right at the national average and slightly below Michigan's typical burden, creating a manageable debt-to-earnings ratio of 0.57. However, even after four years of growth, Hope graduates' $60,551 median salary trails Oakland University and Grand Valley graduates by several thousand dollars.
For families prioritizing Hope's distinctive campus culture or Christian mission, these numbers show graduates can reasonably service their debt and build solid middle-class careers. But purely from a financial perspective, Michigan's public universities deliver stronger returns for business majors, making this a choice where fit matters more than the spreadsheet suggests.
Where Hope College Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Hope College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Hope College | $45,590 | $60,551 | +33% |
| University of Michigan-Ann Arbor | $93,674 | $116,095 | +24% |
| Oakland University | $62,359 | $81,070 | +30% |
| Michigan State University | $71,253 | $79,719 | +12% |
| Cleary University | $50,573 | $71,725 | +42% |
Compare to Similar Programs in Michigan
Business Administration, Management and Operations bachelors's programs at peer institutions in Michigan (40 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $40,420 | $45,590 | $60,551 | $26,000 | 0.57 | |
| $17,228 | $93,674 | $116,095 | $19,000 | 0.20 | |
| $15,988 | $71,253 | $79,719 | $23,250 | 0.33 | |
| $14,694 | $62,359 | $81,070 | $26,000 | 0.42 | |
| $14,628 | $57,760 | $70,536 | $27,000 | 0.47 | |
| $14,944 | $57,102 | $69,612 | $31,000 | 0.54 | |
| National Median | β | $45,703 | β | $26,000 | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
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 Hope College, approximately 16% 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.
Sample Size: Based on 132 graduates with reported earnings and 121 graduates with debt data. Small samples may not be representative.