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80.5%Acceptance
$40,420Tuition
3,274Students
82%Grad Rate (6-yr)
$58,427Earnings
#14 in MichiganPrivate nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24
Return on Investment: Good

At $25,749/yr net price, Hope College graduates earn $58,427/yr within 10 years of enrollment, which is $24,427/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Hope College
Metric Value
Average Net Price (per year) $25,749
Estimated 4-Year Cost $102,996
Median Earnings (10yr post-entry) $58,427/yr
Earnings Premium vs. HS Diploma +$24,427/yr
Estimated Break-Even 4.2 years
Graduation Rate (6-year) 82.3%
Median Debt at Graduation $26,800

What You'll Actually Pay

Average net price by family income

Net price by family income for Hope College
Family Income Estimated Net Price
$0 - $30,000 $14,365/yr
$30,001 - $48,000 $16,069/yr
$48,001 - $75,000 $20,837/yr
$75,001 - $110,000 $26,104/yr
$110,001+ $31,356/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Hope College
Program Level Median Earnings Median Debt
Engineering, General. Bachelor $67,101 $27,000
Accounting and Related Services. Bachelor $58,777 $27,000
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. Bachelor $58,108 $27,000
Political Science and Government. Bachelor $44,942 $24,499
Business Administration, Management and Operations. Bachelor $44,418 $25,500
Special Education and Teaching. Bachelor $40,768
Teacher Education and Professional Development, Specific Levels and Methods. Bachelor $39,369 $25,800
Teacher Education and Professional Development, Specific Subject Areas. Bachelor $38,621 $27,000
Communication and Media Studies. Bachelor $35,416 $27,000
Social Work. Bachelor $31,581 $26,670

The Risk Factor

Completion Risk: Low Risk

82.3% of students at Hope College graduate within 6 years. Most students who start here finish their degree.

Analysis

Hope College gives you a solid financial return, with the strongest payoff concentrated in a few specific majors. The median debt of $26,800 stays close to the annual net price, and an 82% graduation rate with 90% retention means you are likely to finish and start earning rather than paying for credits you never turn into a degree.

Engineering is the clear winner here. It pays roughly $22,000 more per year than political science or business administration, while all five top programs carry nearly identical debt loads around $27,000. That gap matters: an engineering, accounting, or nursing graduate services the same debt on a much larger paycheck. If you enroll for the general business or political science track, expect earnings in the mid-$40,000s, which makes the private-college price harder to justify.

The main risk is major choice, not the school itself. Since debt is flat across programs but earnings swing widely, picking a lower-paying field at this price means you carry engineering-level debt on political-science pay. West Michigan supports manufacturing, healthcare, and finance employers, which lines up well with Hope's top three earning programs.

The income tiers change the math a lot. If your family earns under $30,000, you pay about $14,365 a year, a little more than half the sticker net price. If your family earns over $110,000, you pay $31,356, and at that price the payoff depends heavily on landing in engineering, accounting, or nursing. Middle-income families in the $48,000 to $75,000 range pay around $20,837, a reasonable figure if you target a high-earning major.

Hope is a good fit if you plan to study engineering, nursing, or accounting. If you want a general business or humanities degree and would pay full price, a cheaper public option likely gives you a better return.

Frequently Asked Questions

Is Hope College worth the money?

Hope College graduates earn $58,427 after 10 years with median debt of $26,800, creating a reasonable debt-to-income ratio. Engineering majors see the strongest returns at $67,101, while liberal arts programs like Political Science average $44,942.

What is Hope College's return on investment?

With a net price of $25,749 annually and 10-year earnings of $58,427, Hope College provides moderate ROI that varies significantly by major. Engineering and business programs justify the cost better than humanities fields.

Do Hope College graduates have too much student debt?

Hope College graduates leave with $26,800 in median debt, which is manageable given the $58,427 average salary 10 years out. The debt represents about 46% of first-year earnings, falling within acceptable ranges.

Which Hope College programs are worth the cost?

Engineering leads Hope College's value proposition with graduates earning $67,101, followed by Accounting at $58,777 and Nursing at $58,108. Liberal arts majors like Political Science earn significantly less at $44,942.