Degree Dividend
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Allegany College of Maryland vs Montgomery Beauty School-Baltimore Beauty & Barber School: which has better ROI?

Public, Cumberland MD · vs · Private for-profit, Baltimore MD

The verdict

Neither clears its cost on institution-wide earnings, but Allegany College of Maryland comes closer — median earnings $38,476 against a $17,638 total, vs $18,726 at Montgomery Beauty School-Baltimore Beauty & Barber School. (Scorecard, 2026 · our math.)

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Head to head
MeasureAllegany College of MarylandMontgomery Beauty School-Baltimore Beauty & Barber School
Net price / yr$8,819$19,047
Total net cost$17,638$76,188
Median earnings, 10 yrs$38,476$18,726
Median debt$13,702$11,845
Payback
20-year net return-$215,318-$668,868

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Allegany College of Maryland or Montgomery Beauty School-Baltimore Beauty & Barber School?

Allegany College of Maryland, at $8,819 a year after aid versus $19,047 — a gap of $10,228 a year, or $58,550 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Allegany College of Maryland or Montgomery Beauty School-Baltimore Beauty & Barber School graduates earn more?

Allegany College of Maryland graduates report a median $38,476 ten years after entry, $19,750 more than the $18,726 at Montgomery Beauty School-Baltimore Beauty & Barber School. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Allegany College of Maryland or Montgomery Beauty School-Baltimore Beauty & Barber School?

Montgomery Beauty School-Baltimore Beauty & Barber School: its completers carry a median $11,845 in federal loans versus $13,702 at Allegany College of Maryland, a difference of $1,857. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Allegany College of Maryland vs Montgomery Beauty School-Baltimore Beauty & Barber School: frequently asked questions

Is Allegany College of Maryland or Montgomery Beauty School-Baltimore Beauty & Barber School a better value?
Allegany College of Maryland comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, Allegany College of Maryland or Montgomery Beauty School-Baltimore Beauty & Barber School?
Allegany College of Maryland: $8,819/yr net price after aid versus $19,047/yr at Montgomery Beauty School-Baltimore Beauty & Barber School — a difference of $10,228 a year, or about $58,550 over four years.
Do Allegany College of Maryland or Montgomery Beauty School-Baltimore Beauty & Barber School graduates earn more?
Allegany College of Maryland graduates earn a median $38,476 ten years after entry, versus $18,726 at Montgomery Beauty School-Baltimore Beauty & Barber School — a $19,750 gap. This blends every major, so a specific field can flip it.