College ROI

Smarter Choices, Brighter Futures
Back to Colleges

Morgan State University

Baltimore, MD 9,019 Undergrads 53.8% Grad Rate
School Website|Financial Calculator
Share
Total Cost
$25,413
Sticker Price
Avg Net Price
$14,985
After Aid
Median Earnings
$62,308
4yr Post-Grad

Vs. Peer Institutions

Net Price$14,985
Peer Midpoint: $20,081
Earnings (4yr Post-Grad)Completers only after graduation
$62,308
Peer Midpoint: $60,428
Earnings (10yr Post-Enroll)All enrolled after enrollment
$50,698
Peer Midpoint: $53,763
Graduation Rate53.8%
Peer Midpoint: 58.9%
Average Starting Age21.5
Socio-Economic Diversity
Pell Grant Recipients55.6%
Enrollment Status
Full-Time92.9%
Economic Outcomes
Earn More than HS64.1%

Admissions Profile

Acceptance
82.2%
SAT Avg
971
SAT Reading
25th: 40047075th: 520
SAT Math
25th: 44050075th: 550
ACT Composite
25th: 161875th: 21

ROI Sensitivity Analysis
Assuming 4 Years to Graduation

This analysis tests three cost scenarios (Scholarship, Average Net Price, Full Sticker Price) to show how college costs impact your long-term return compared to the average student and a high school graduate.

Lifetime Value Added (NPV)
⚠️ Caution: Underlying earnings data reflects graduates only. This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate this ROI.

Institution Lifetime NPV
Vs Median Peer
Vs HS Grad
Zero Cost (Scholarship)$0
+$554k
+$87k
+$70k
Median Cost$15k/yr
+$500k
+$33k
+$16k
Full Cost$25k/yr
+$463k
-$4k
-$22k

ROI Efficiency Metrics
⚠️ Caution: Underlying earnings data reflects graduates only. This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate this ROI.

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
35
∞
Median Cost$15k/yr
52
29%
Full Cost$25k/yr
Never
-24%
Analysis Assumptions:
  • Starting Salary: Estimated from the 4-year post-graduation median earnings (assuming 2% annual growth from graduation).⚠️ Warning: The high average starting age or low completion rate may inflate the Median earnings and ROI shown.
  • Comparisons: "Vs Median Peer" compares to the median student nationwide in a similar level program. "Vs HS Grad" compares to a median high school graduate.
  • Break-Even: The age at which the college investment net income exceeds the median high school graduate's lifetime earnings.
  • NPV: Net Present Value of all future earnings minus costs and taxes, discounted at 7.8%.

Social Impact ROINew
⚠️ Caution: Underlying earnings data reflects graduates only. This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate this ROI.

Measures the societal return on a donor's investment. Calculated as the incremental pre-tax lifetime earnings vs. HS grad, divided by the tax-adjusted donation cost.

Donor Return55%

Gov. Pell Grant ROINew
⚠️ Caution: Underlying earnings data reflects graduates only. This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate this ROI.

Measures the government's return on Pell Grants via increased tax revenue. Calculated as the portion of incremental lifetime taxes (discounted at 5.4%) attributed to the Pell Grant investment.

Taxpayer Return-36%
Important Note: Your ROI with any major will depend on the cost you pay to attend the program, and your starting salary. Both vary significantly across institutions. We encourage you to explore the ROI of a specific program variant by selecting the Program title of the credential level you are interested in. You will then have a more detailed return analysis for programs at specific institutions. We also encourage you to use the ROI calculator, or for more sophisticated analysis, the Guided ROI Interview, with your specific estimates of cost and salary.

Program ROI Analysis

Bachelor's Degrees

Median Debt
$21,625
Earnings (4yr)
$63,979
Natl Median: $76,194
Lifetime Value Added
+$29k
Architecture
BachCIP: 0402
Median Debt
$27,063
Earnings (4yr)
$59,586
Natl Median: $66,914
Lifetime Value Added
-$6k
Biology, General
BachCIP: 2601
Median Debt
$27,000
Earnings (4yr)
$53,617
Natl Median: $57,214
Lifetime Value Added
-$55k
Median Debt
$28,973
Earnings (4yr)
$61,527
Natl Median: $68,257
Lifetime Value Added
+$10k
Civil Engineering
BachCIP: 1408
Median Debt
$20,909
Earnings (4yr)
$88,870
Natl Median: $86,517
Lifetime Value Added
+$220k
Median Debt
-
Earnings (4yr)
-
Natl Median: $75,975
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,359
Lifetime Value Added
N/A
Median Debt
-
Earnings (5yr)
$80,694
Natl Median: $83,541
Lifetime Value Added
+$145k
Computer Science
BachCIP: 1107
Median Debt
-
Earnings (4yr)
$90,183
Natl Median: $107,009
Lifetime Value Added
+$230k
Median Debt
$26,000
Earnings (4yr)
$80,260
Natl Median: $95,124
Lifetime Value Added
+$154k
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,775
Lifetime Value Added
N/A
Economics
BachCIP: 4506
Median Debt
-
Earnings (4yr)
-
Natl Median: $82,686
Lifetime Value Added
N/A
Median Debt
$28,544
Earnings (4yr)
$98,640
Natl Median: $100,647
Lifetime Value Added
+$294k
Engineering Physics
BachCIP: 1412
Median Debt
-
Earnings (4yr)
-
Natl Median: $89,154
Lifetime Value Added
N/A
Median Debt
-
Earnings (5yr)
$48,009
Natl Median: $48,590
Lifetime Value Added
-$109k
Median Debt
-
Earnings (4yr)
-
Natl Median: $61,027
Lifetime Value Added
N/A
Median Debt
$30,750
Earnings (4yr)
$49,198
Natl Median: $48,460
Lifetime Value Added
-$91k
Median Debt
$25,875
Earnings (5yr)
$67,828
Natl Median: $83,343
Lifetime Value Added
+$49k
Median Debt
$30,000
Earnings (5yr)
$43,015
Natl Median: $41,367
Lifetime Value Added
-$151k
Median Debt
-
Earnings (4yr)
$64,007
Natl Median: $54,945
Lifetime Value Added
+$29k
Median Debt
$31,000
Earnings (4yr)
-
Natl Median: $43,283
Lifetime Value Added
N/A
History
BachCIP: 5401
Median Debt
-
Earnings (2yr)
$22,771
Natl Median: $50,680
Lifetime Value Added
-$312k
Median Debt
$29,625
Earnings (4yr)
$46,441
Natl Median: $56,726
Lifetime Value Added
-$115k
Median Debt
$27,500
Earnings (4yr)
$81,416
Natl Median: $98,442
Lifetime Value Added
+$163k
Median Debt
$24,404
Earnings (4yr)
$83,331
Natl Median: $85,294
Lifetime Value Added
+$177k
Journalism
BachCIP: 0904
Median Debt
$28,750
Earnings (4yr)
$50,700
Natl Median: $56,278
Lifetime Value Added
-$79k
Median Debt
$28,750
Earnings (4yr)
$58,788
Natl Median: $53,072
Lifetime Value Added
-$12k
Median Debt
-
Earnings (2yr)
$39,729
Natl Median: $86,176
Lifetime Value Added
-$158k
Marketing
BachCIP: 5214
Median Debt
$27,000
Earnings (4yr)
$56,767
Natl Median: $69,303
Lifetime Value Added
-$29k
Mathematics
BachCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,562
Lifetime Value Added
N/A
Music
BachCIP: 5009
Median Debt
$27,500
Earnings (4yr)
$34,725
Natl Median: $42,892
Lifetime Value Added
-$215k
Philosophy
BachCIP: 3801
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,455
Lifetime Value Added
N/A
Physics
BachCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $76,786
Lifetime Value Added
N/A
Median Debt
$27,000
Earnings (4yr)
$50,791
Natl Median: $63,293
Lifetime Value Added
-$78k
Psychology, General
BachCIP: 4201
Median Debt
$30,750
Earnings (4yr)
$56,741
Natl Median: $50,706
Lifetime Value Added
-$29k
Median Debt
$31,000
Earnings (4yr)
$55,169
Natl Median: $63,560
Lifetime Value Added
-$42k
Median Debt
-
Earnings (4yr)
$78,700
Natl Median: $88,910
Lifetime Value Added
+$142k
Social Work
BachCIP: 4407
Median Debt
$31,254
Earnings (4yr)
$60,082
Natl Median: $51,790
Lifetime Value Added
-$2k
Sociology
BachCIP: 4511
Median Debt
$27,000
Earnings (4yr)
$52,116
Natl Median: $52,657
Lifetime Value Added
-$67k
Median Debt
$30,604
Earnings (4yr)
$55,837
Natl Median: $47,382
Lifetime Value Added
-$36k
Median Debt
$31,000
Earnings (4yr)
$55,716
Natl Median: $51,389
Lifetime Value Added
-$37k

Master's Degrees

Median Debt
-
Earnings (4yr)
-
Natl Median: $95,833
Lifetime Value Added
N/A
Architecture
MastCIP: 0402
Median Debt
-
Earnings (4yr)
-
Natl Median: $74,139
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $110,121
Lifetime Value Added
N/A
Median Debt
$33,500
Earnings (4yr)
$89,892
Natl Median: $103,485
Lifetime Value Added
+$124k
Median Debt
-
Earnings (4yr)
-
Natl Median: $79,665
Lifetime Value Added
N/A
Economics
MastCIP: 4506
Median Debt
-
Earnings (4yr)
-
Natl Median: $100,743
Lifetime Value Added
N/A
Median Debt
$41,000
Earnings (4yr)
$77,140
Natl Median: $71,685
Lifetime Value Added
+$12k
Median Debt
-
Earnings (4yr)
-
Natl Median: $133,654
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$101,719
Natl Median: $120,215
Lifetime Value Added
+$228k
Median Debt
-
Earnings (4yr)
-
Natl Median: $62,705
Lifetime Value Added
N/A
History
MastCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,360
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $74,856
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $95,627
Lifetime Value Added
N/A
Journalism
MastCIP: 0904
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,034
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $70,306
Lifetime Value Added
N/A
Mathematics
MastCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $72,654
Lifetime Value Added
N/A
Music
MastCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,285
Lifetime Value Added
N/A
Public Health
MastCIP: 5122
Median Debt
$41,000
Earnings (4yr)
$75,793
Natl Median: $82,751
Lifetime Value Added
+$607
Median Debt
-
Earnings (4yr)
-
Natl Median: $120,193
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,216
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $88,131
Lifetime Value Added
N/A
Social Work
MastCIP: 4407
Median Debt
$41,000
Earnings (4yr)
$70,545
Natl Median: $65,123
Lifetime Value Added
-$46k
Sociology
MastCIP: 4511
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,330
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $59,916
Lifetime Value Added
N/A

Doctoral Degrees

Median Debt
-
Earnings (4yr)
-
Natl Median: $97,173
Lifetime Value Added
N/A
Median Debt
$96,582
Earnings (4yr)
$84,879
Natl Median: $100,573
Lifetime Value Added
-$72k
Median Debt
-
Earnings (4yr)
-
Natl Median: $133,630
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,831
Lifetime Value Added
N/A
History
DocCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $70,550
Lifetime Value Added
N/A
Public Health
DocCIP: 5122
Median Debt
-
Earnings (4yr)
-
Natl Median: $108,962
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $103,410
Lifetime Value Added
N/A
Social Work
DocCIP: 4407
Median Debt
-
Earnings (2yr)
$91,744
Natl Median: $98,285
Lifetime Value Added
+$7k

Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate (for undergraduate programs) or a median bachelor's degree holder (for graduate programs), accounting for this institution's average cost and taxes. Computed over a career to retirement age.

For graduate programs (Master's, Doctoral, etc.), the calculation assumes a starting age of 22 (after undergraduate completion) and does not include the sunk costs of prior degrees. It represents the value added of the graduate decision moving forward. Note that the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.