Median Earnings (1yr)
$56,040
59th percentile (40th in MD)
Median Debt
$25,000
At national median
Debt-to-Earnings
0.45
Manageable
Sample Size
29
Limited data

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

Morgan State UniversityOther accounting programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Morgan State University graduates compare to all programs nationally

Morgan State University graduates earn $56k, placing them in the 59th percentile of all accounting bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Maryland

Accounting bachelors's programs at peer institutions in Maryland (17 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Morgan State University$56,040$58,908$25,0000.45
University of Maryland-College Park$69,821$84,592$15,0000.21
Loyola University Maryland$69,305$86,541$27,0000.39
Stevenson University$67,261$73,483$24,9220.37
McDaniel College$65,941$74,227$24,2100.37
Mount St. Mary's University$64,849$67,143$19,5000.30
National Median$53,694—$25,0000.47

Other Accounting Programs in Maryland

Compare tuition, earnings, and debt across Maryland schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Maryland-College Park
College Park
$11,505$69,821$15,000
Loyola University Maryland
Baltimore
$55,480$69,305$27,000
Stevenson University
Owings Mills
$39,708$67,261$24,922
McDaniel College
Westminster
$49,647$65,941$24,210
Mount St. Mary's University
Emmitsburg
$47,240$64,849$19,500

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.