Morgan State University
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$32,472
In-state tuition x 4
Earnings Premium
$5,065/yr
vs high school diploma avg
Break-Even Point
6.4 years
After graduation
20-Year ROI
212%
Return on investment
ROI Analysis
The average in-state tuition at Morgan State University is $8,118. One year after graduation, alumni earn a median of $41,247. Five years after graduation, the median earnings are $40,065, and ten years after graduation, the median earnings increase to $50,698. The median debt for students is $27,250, and 65.3% of students receive financial aid.
Based on the provided data, the debt-to-income ratio is approximately 0.67. This is calculated by dividing the median debt of $27,250 by the one-year post-graduation earnings of $41,247. The break-even timeline, which is the time it takes for a graduate to earn the amount of their debt, is approximately 0.66 years. This is calculated by dividing the median debt of $27,250 by the one-year post-graduation earnings of $41,247.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$8,118
Median Debt at Graduation
$27,250
Median Earnings (5yr)
$40,065
Graduation Rate
44%
Receive Financial Aid
65%
Avg Aid Amount
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Civil Engineering. | $32,472 | $68,737 | 1978% |
| Social Work. | $32,472 | $56,852 | 1246% |
| Liberal Arts and Sciences, General Studies and Humanities. | $32,472 | $0 | N/A |
| Business Administration, Management and Operations. | $32,472 | $53,322 | 1028% |
| Electrical, Electronics and Communications Engineering. | $32,472 | $87,460 | 3131% |
| Biology, General. | $32,472 | $46,076 | 582% |
| Social Work. | $32,472 | $49,525 | 795% |
| Teacher Education and Professional Development, Specific Subject Areas. | $32,472 | $42,351 | 353% |
| Journalism. | $32,472 | $38,840 | 137% |
| Business Administration, Management and Operations. | $32,472 | $71,015 | 2118% |
| Architecture. | $32,472 | $55,263 | 1148% |
| Finance and Financial Management Services. | $32,472 | $60,936 | 1497% |
Peer Comparison
Financial Aid Impact
Before Aid
After Aid (Estimated)
Methodology
ROI calculations are based on data from the U.S. Department of Education College Scorecard. The earnings premium is calculated as the difference between median graduate earnings and the national average earnings for high school diploma holders ($35,000).
The 20-year ROI formula: ((Earnings Premium x 20) - Total Cost) / Total Cost x 100. Break-even point: Total Cost / Annual Earnings Premium. All figures use in-state tuition and do not account for inflation, opportunity cost, or financial aid variations.