This paper offers an analysis of the nature of hope and explicates its significance for and relation to education. This entails distinguishing initially two kinds of hope – absolute and ultimate hope. While absolute hope is an orientation of the spirit which sets no conditions or limits on what is achievable and has no particular ends in view, ultimate hope is an ‘aimed hope’, that is to say a form of hopefulness that entails identifying and struggling to realise in the here and now particular improved states of affairs – for oneself, for others and for society generally. To that extent, ultimate hope, despite efforts to undermine it prompted by despair, relativism, cynicism and fatalism, is a crucial aspect of the educational process. On the other hand, absolute hope, combined with a ‘larger love’ of teaching, provides those educators who have it with a significant personal resource in coping better with the special demands of their work.