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Morgan State University vs Hood College: which has better ROI?

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

The verdict

Hood College has the better ROI: it clears its 4-year net cost of $83,492 in 9.6 years versus 25.6 years at Morgan State University, on median earnings of $57,089 vs $50,698 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureMorgan State UniversityHood College
Net price / yr$14,985$20,873
Total net cost$59,940$83,492
Median earnings, 10 yrs$50,698$57,089
Median debt$27,250$25,000
Payback25.6 yrs9.6 yrs
20-year net return-$13,180$91,088

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

Which is cheaper, Morgan State University or Hood College?

Morgan State University, at $14,985 a year after aid versus $20,873 — a gap of $5,888 a year, or $23,552 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 Hood College graduates earn more?

Hood College graduates report a median $57,089 ten years after entry, $6,391 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 Hood College?

Hood College: its completers carry a median $25,000 in federal loans versus $27,250 at Morgan State University, a difference of $2,250. 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 Hood 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.

Morgan State University vs Hood College: frequently asked questions

Is Morgan State University or Hood College a better value?
Hood College. It clears its $83,492 net cost in about 9.6 years versus 25.6 years at Morgan State University, on median earnings of $57,089 vs $50,698 ten years out.
Which is cheaper, Morgan State University or Hood College?
Morgan State University: $14,985/yr net price after aid versus $20,873/yr at Hood College — a difference of $5,888 a year, or about $23,552 over four years.
Do Morgan State University or Hood College graduates earn more?
Hood College graduates earn a median $57,089 ten years after entry, versus $50,698 at Morgan State University — a $6,391 gap. This blends every major, so a specific field can flip it.