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Return on Investment

Return on Investment

This year, approximately 1.8 million students were awarded bachelor’s degrees nationwide. How can you stand out?

Real-world preparation: have you proven yourself offcampus while in college? The majority of Hanover students can say that.

  • Hanover seniors reported engaging in significantly more high impact practices than students at other schools including: Research with Faculty; Study Abroad; Internships; & Culminating Senior Experience; additionally, an exceptionally high proportion of students reported engaging in more than one of these high impact practices
  • 59% of students over the past 5 years had an off-campus experience

GREAT OUTCOMES

Starting salary animation

Great job, first-choice grad placement, good salary; how do you define success? Look at how our grads stack up.

Employed after graduation

  • Hanover’s “Career Outcomes” (i.e., student either employed or continuing their education 7 months after graduation) for 2019 graduates was 99.5%; this places Hanover at the 98 percentile among colleges nation-wide
  • 74% of 2019 graduates were employed within 7 months (90% of them in full-time positions); 24% of graduates were pursuing continuing education
  • 100% of education students pass Core Licensure Exam
  • 99% of recent education students are employed or in graduate school within 6 months of graduation
  • 99% of Hanover graduates were employed or continuing their education within 7 months of graduation
  • 92.6% were fully employed within 7 months of graduation having a full-time job for which a bachelor’s degree is the norm
  • Hanover students as a whole performed well compared to other institutions nationally on the Major Field Test of the Educational Testing Service (ETS) in the following areas: Biology – 87% percentile; Economics – 75% percentile; and Psychology – 93% percentile (averaged over past three years).

Graduate on time

Competitive salary

  • Average annual salary of Hanover graduates 5 years after graduation is $42,500, which is $8,400 more than students from other undergraduate institutions. In addition, 67% of Hanover students earn more immediately than individuals aged 25-34 who only have a high school diploma.

Successful grad school placement and honors

  • 7% of 2019 graduates immediately pursued doctoral level degrees (including Ph.D., M.D., Psy.D., D.O. & J.D.)
  • 28 students’ applications for nationally competitive scholarships were successful. These include Fulbright, Gilman, Leadership Alliance, Amgen, DAAD-RISE, the JET Programme, the Peace Corps as well as National Science Foundation funded Research Experiences for Undergraduates.

QUALITY OF EXPERIENCE

Would our grads choose Hanover again?

Hanover seniors reported better experiences on average than seniors at other baccalaureate institutions in the following areas:

  • Student Faculty Interaction
  • Quality of Interactions
  • Supportive Environment

*Based on the 2023 administration of the National Survey of Student Engagement (NSSE)

An alumni survey of graduates 10 years out also reported:

  • Good Teaching & High-Quality Interactions with Faculty: 4.42 / 5 (large positive effect size)
  • Challenging Assignments & High Faculty Expectations: 3.98 / 5 (small positive effect size)
  • Growth on Intellectual Outcomes: 3.40 / 4 (large positive effect size)
  • Satisfaction with Institution: 4.65 / 5 (large positive effect size)

Based on effect sizes, all of these averages show a large positive difference compared to the other institutions who participated in the survey.

Source: 2022 Higher Education Data Sharing Consortium (HEDS) Alumni Survey (alumni who graduated from Hanover 10 years ago)

Career OutcomesFull-time EmploymentPart-Time EmploymentEmploymentContinuing EducationSeeking Career Options
Hanover99.5%67.4%2.8%70.2%21.9%0.5%
Great Lakes Schools89.7%61.7%4.8%66.5%20.6%10.2%
Baccalaureate A&S Schools91.3%62.3%5.8%68.1%18.9%8.4%
Private Schools91.9%63.8%4.9%68.7%19.9%8.0%
Public Schools81.5%55.1%4.9%59.9%19.1%18.2%
Very Small Schools91.4%64.7%7.2%72.0%16.7%8.5%
All Schools Participating85.7%58.7%4.8%63.5%19.2%14.1%
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