Analysis
Morgan State's accounting graduates earn $56,040 in their first year—solidly above the national average but trailing Maryland's median by about $8,000. That gap matters for families weighing in-state options: this program ranks in just the 40th percentile among Maryland accounting programs, falling roughly $10,000 short of top state schools like Maryland-College Park and Loyola. With 17 accounting programs across Maryland, families have choices that deliver stronger immediate returns, though Morgan State's $25,000 debt load matches the national median and won't burden graduates.
The modest 5% earnings growth to year four suggests early career momentum stalls compared to other Maryland programs where accounting graduates typically see steeper trajectories. That said, the debt-to-earnings ratio of 0.45 remains manageable—graduates can reasonably handle payments while building their careers. Morgan State serves a majority Pell-eligible population, and for students prioritizing an accessible HBCU experience in Baltimore, these outcomes represent solid middle-class stability even if they don't match the state's accounting powerhouses.
The critical caveat: this data comes from fewer than 30 graduates, making these numbers less reliable than programs with larger samples. If choosing Morgan State for factors beyond pure earnings potential—community, campus culture, or specific career networks—the financial picture won't derail your plans. But families purely optimizing for accounting ROI should explore Maryland's higher-performing programs first.
Where Morgan State University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Morgan State University 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 |
|---|---|---|---|
| Morgan State University | $56,040 | $58,908 | +5% |
| Loyola University Maryland | $69,305 | $86,541 | +25% |
| University of Maryland-College Park | $69,821 | $84,592 | +21% |
| Salisbury University | $62,889 | $77,022 | +22% |
| McDaniel College | $65,941 | $74,227 | +13% |
Compare to Similar Programs in Maryland
Accounting bachelors's programs at peer institutions in Maryland (17 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $8,118 | $56,040 | $58,908 | $25,000 | 0.45 | |
| $11,505 | $69,821 | $84,592 | $15,000 | 0.21 | |
| $55,480 | $69,305 | $86,541 | $27,000 | 0.39 | |
| $39,708 | $67,261 | $73,483 | $24,922 | 0.37 | |
| $49,647 | $65,941 | $74,227 | $24,210 | 0.37 | |
| $47,240 | $64,849 | $67,143 | $19,500 | 0.30 | |
| National Median | — | $53,694 | — | $25,000 | 0.47 |
Career Paths
Occupations commonly associated with accounting graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Financial and Investment Analysts
Financial Risk Specialists
Financial Examiners
Budget Analysts
Business Teachers, Postsecondary
Accountants and Auditors
Tax Examiners and Collectors, and Revenue Agents
Bookkeeping, Accounting, and Auditing Clerks
Payroll and Timekeeping Clerks
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 Morgan State University, approximately 54% 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 29 graduates with reported earnings and 33 graduates with debt data. Small samples may not be representative.