Morgan State University vs Goucher College: which has better ROI?
Goucher College has the better ROI: it clears its 4-year net cost of $89,880 in 19.3 years versus 25.6 years at Morgan State University, on median earnings of $53,023 vs $50,698 ten years out. (Scorecard, 2026 · our math.)
| Measure | Morgan State University | Goucher College |
|---|---|---|
| Net price / yr | $14,985 | $22,470 |
| Total net cost | $59,940 | $89,880 |
| Median earnings, 10 yrs | $50,698 | $53,023 |
| Median debt | $27,250 | $26,000 |
| Payback | 25.6 yrs | 19.3 yrs |
| 20-year net return | -$13,180 | $3,380 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Morgan State University or Goucher College?
Morgan State University, at $14,985 a year after aid versus $22,470 — a gap of $7,485 a year, or $29,940 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Morgan State University or Goucher College graduates earn more?
Goucher College graduates report a median $53,023 ten years after entry, $2,325 more than the $50,698 at Morgan State University. 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, Morgan State University or Goucher College?
Goucher College: its completers carry a median $26,000 in federal loans versus $27,250 at Morgan State University, a difference of $1,250. 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 41% at Morgan 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.