Analysis
Goucher's business program sits in an awkward middle ground among Maryland schools—its first-year earnings of $46,511 trail the state median by over $5,000 and land in just the 40th percentile statewide. That gap is meaningful when nearby competitors like McDaniel ($59,048) and Towson ($54,772) deliver significantly stronger immediate outcomes. The $25,000 debt load matches Maryland's typical burden, but you're starting from a lower earnings base, which stretches the financial recovery timeline compared to in-state alternatives.
The program does show promise in its earnings trajectory, with 31% growth pushing graduates to $61,134 by year four. This catch-up pattern helps close some of the initial gap, though even at that point you're still trailing what University of Maryland-College Park grads earn in their first year. For a family comparing Maryland options, this becomes a question of whether Goucher's smaller liberal arts environment justifies accepting lower immediate earnings than you'd likely see at larger state schools.
The math works—graduates aren't drowning in debt and earnings do improve—but this isn't a standout value among Maryland business programs. If your student is specifically drawn to Goucher's campus culture, the financial picture is manageable. If the main draw is simply "a business degree near Baltimore," the data suggests looking at schools that deliver stronger year-one outcomes without adding more debt.
Where Goucher College Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Goucher College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Goucher College | $46,511 | $61,134 | +31% |
| University of Maryland-College Park | $65,842 | $88,783 | +35% |
| Loyola University Maryland | $60,656 | $79,298 | +31% |
| McDaniel College | $59,048 | $70,755 | +20% |
| Towson University | $54,772 | $67,968 | +24% |
Compare to Similar Programs in Maryland
Business Administration, Management and Operations bachelors's programs at peer institutions in Maryland (20 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $51,250 | $46,511 | $61,134 | $25,000 | 0.54 | |
| $11,505 | $65,842 | $88,783 | $20,500 | 0.31 | |
| $7,992 | $62,634 | $67,858 | $21,527 | 0.34 | |
| $55,480 | $60,656 | $79,298 | $27,000 | 0.45 | |
| $49,647 | $59,048 | $70,755 | $25,000 | 0.42 | |
| $11,306 | $54,772 | $67,968 | $19,251 | 0.35 | |
| National Median | — | $45,703 | — | $26,000 | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Goucher College, approximately 31% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 47 graduates with reported earnings and 45 graduates with debt data. Small samples may not be representative.