Analysis
A debt-to-earnings ratio of 0.45 suggests manageable financial positioning for this Business/Managerial Economics degree, though both the earnings and debt figures are estimates based on peer institutions rather than Hope's actual graduate outcomes. First-year earnings around $53,200—drawn from national medians for similar programs—would allow graduates to handle roughly $24,000 in debt without severe strain, assuming they secure employment in their field.
The challenge here is the lack of program-specific data. Michigan's business economics programs cluster tightly around these numbers, with Grand Valley State reporting $53,536 for graduates and $25,000 in typical debt. Hope's selectivity (average SAT of 1237) and low Pell percentage (16%) suggest a student body that may have additional family resources to offset borrowing, potentially making the actual debt picture better than estimates indicate. However, without reported outcomes, there's no way to verify whether Hope's liberal arts approach to business education translates to comparable market results.
The estimated figures place this program squarely in the middle of the national pack—neither a standout nor a warning sign. For families comfortable with Hope's cost structure and confident in their student's career direction, the projections suggest reasonable return potential. But parents should directly ask the school's career services office for placement rates and actual salary data before committing, since the absence of reported outcomes leaves significant questions unanswered about this specific program's track record.
Where Hope College Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Compare to Similar Programs in Michigan
Business/Managerial Economics bachelors's programs at peer institutions in Michigan (10 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $40,420 | $53,219* | — | $24,000* | — | |
| $14,628 | $53,536* | $67,149 | $25,000* | 0.47 | |
| National Median | — | $53,219* | — | $22,250* | 0.42 |
Career Paths
Occupations commonly associated with business/managerial economics graduates
Economists
Environmental Economists
Financial Risk Specialists
Management Analysts
Economics Teachers, Postsecondary
Survey Researchers
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.
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 national median of 81 similar programs. Actual outcomes may vary.