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Frostburg State University vs Goucher College: which has better ROI?

Public, Frostburg MD · vs · Private nonprofit, Baltimore MD

The verdict

Frostburg State University has the better ROI: it clears its 4-year net cost of $66,860 in 9.4 years versus 19.3 years at Goucher College, on median earnings of $55,493 vs $53,023 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureFrostburg State UniversityGoucher College
Net price / yr$16,715$22,470
Total net cost$66,860$89,880
Median earnings, 10 yrs$55,493$53,023
Median debt$21,105$26,000
Payback9.4 yrs19.3 yrs
20-year net return$75,800$3,380

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

Which is cheaper, Frostburg State University or Goucher College?

Frostburg State University, at $16,715 a year after aid versus $22,470 — a gap of $5,755 a year, or $23,020 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Frostburg State University or Goucher College graduates earn more?

Frostburg State University graduates report a median $55,493 ten years after entry, $2,470 more than the $53,023 at Goucher College. 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, Frostburg State University or Goucher College?

Frostburg State University: its completers carry a median $21,105 in federal loans versus $26,000 at Goucher College, a difference of $4,895. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

57% of students finish at Goucher College, against 50% at Frostburg State University. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Frostburg State University vs Goucher College: frequently asked questions

Is Frostburg State University or Goucher College a better value?
Frostburg State University. It clears its $66,860 net cost in about 9.4 years versus 19.3 years at Goucher College, on median earnings of $55,493 vs $53,023 ten years out.
Which is cheaper, Frostburg State University or Goucher College?
Frostburg State University: $16,715/yr net price after aid versus $22,470/yr at Goucher College — a difference of $5,755 a year, or about $23,020 over four years.
Do Frostburg State University or Goucher College graduates earn more?
Frostburg State University graduates earn a median $55,493 ten years after entry, versus $53,023 at Goucher College — a $2,470 gap. This blends every major, so a specific field can flip it.