Morgan State University ROI Analysis
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
above 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, earnings increase to $50,698. The median debt for graduates is $27,250, and 65.3% of students receive financial aid.
The debt-to-income ratio for Morgan State graduates is approximately 66%. This is calculated by dividing the median debt of $27,250 by the one-year post-graduation median income of $41,247. Based on the median debt and the one-year post-graduation earnings, the break-even point, or the time it takes to earn back the cost of tuition, is less than one year.
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
N/A
Program-Level ROI
| Program | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|
| Social Work | $56,852 | 1246% |
| Business Administration, Management and Operations | $71,015 | 2118% |
| Civil Engineering | $68,737 | 1978% |
| Liberal Arts and Sciences, General Studies and Humanities | $0 | N/A |
| Electrical, Electronics and Communications Engineering | $87,460 | 3131% |
| Biology, General | $46,076 | 582% |
| Teacher Education and Professional Development, Specific Subject Areas | $42,351 | 353% |
| Journalism | $38,840 | 137% |
| Educational Administration and Supervision | $81,439 | 2760% |
| Architecture | $55,263 | 1148% |
| Finance and Financial Management Services | $60,936 | 1497% |
| Sociology | $44,191 | 466% |
Peer Comparison
Financial Aid Impact
Before Aid
After Aid (Estimated)
Frequently Asked Questions
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.