Median Earnings (1yr)
$67,410
47th percentile
40th percentile in Michigan
Median Debt
$27,000
4% above national median

Analysis

Hope College's engineering program lands squarely in the middle of the pack, with first-year earnings of $67,410 that trail both the national median ($67,911) and Michigan's state median ($68,852). Among Michigan's 11 engineering programs, this ranks at the 40th percentile—meaning six in-state options deliver better starting salaries. When your child could attend Michigan State and earn $75,000+ right out of the gate, or match Calvin University's performance at the median, Hope's positioning becomes harder to justify on pure return-on-investment grounds.

The one clear advantage here is debt: $27,000 at graduation puts Hope below both national and state medians, landing in the 25th percentile nationally. That 0.40 debt-to-earnings ratio is manageable, and the 14% earnings growth to $76,755 by year four shows solid progression. For families prioritizing a lower-debt liberal arts environment with ABET-accredited engineering, Hope delivers that specific combination.

But parents should recognize the tradeoff they're making. Your child will likely start $7,500-$8,000 behind peers at Michigan State, and while Hope's smaller program size (moderate sample of 30-100 graduates) might offer personalized attention, the earnings data suggests that advantage doesn't translate to better career outcomes. If minimizing debt matters more than maximizing early earnings, Hope works. If career outcomes drive the decision, look at Michigan's stronger performers.

Where Hope College Stands

Earnings vs. debt across all engineering 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

School1 Year4 YearsGrowth
Hope College$67,410$76,755+14%
Franklin W Olin College of Engineering$109,455$114,228+4%
University of California-Davis$82,956$104,701+26%
Michigan State University$75,058$81,700+9%
Calvin University$68,852$78,363+14%

Compare to Similar Programs in Michigan

Engineering bachelors's programs at peer institutions in Michigan (11 total in state)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Hope CollegeHolland$40,420$67,410$76,755$27,0000.40
Michigan State UniversityEast Lansing$15,988$75,058$81,700$22,5000.30
Calvin UniversityGrand Rapids$38,670$68,852$78,363$23,0000.33
National Median$67,911$26,0560.38

Career Paths

Occupations commonly associated with engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Engineers, All Other

All engineers not listed separately.

Energy Engineers, Except Wind and Solar

Design, develop, or evaluate energy-related projects or programs to reduce energy costs or improve energy efficiency during the designing, building, or remodeling stages of construction. May specialize in electrical systems; heating, ventilation, and air-conditioning (HVAC) systems; green buildings; lighting; air quality; or energy procurement.

Mechatronics Engineers

Research, design, develop, or test automation, intelligent systems, smart devices, or industrial systems control.

Microsystems Engineers

Research, design, develop, or test microelectromechanical systems (MEMS) devices.

Photonics Engineers

Design technologies specializing in light information or light energy, such as laser or fiber optics technology.

Robotics Engineers

Research, design, develop, or test robotic applications.

Nanosystems Engineers

Design, develop, or supervise the production of materials, devices, or systems of unique molecular or macromolecular composition, applying principles of nanoscale physics and electrical, chemical, or biological engineering.

Wind Energy Engineers

Design underground or overhead wind farm collector systems and prepare and develop site specifications.

Solar Energy Systems Engineers

Perform site-specific engineering analysis or evaluation of energy efficiency and solar projects involving residential, commercial, or industrial customers. Design solar domestic hot water and space heating systems for new and existing structures, applying knowledge of structural energy requirements, local climates, solar technology, and thermodynamics.

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 64 graduates with reported earnings and 50 graduates with debt data. Small samples may not be representative.