How much debt do Morgan State accounting graduates have?

The median federal loan balance is $25,000, which ranks 7th lowest of 10 accounting bachelor's programs in Maryland. That works out to about $265 a month over 10 years.

Is a accounting degree from Morgan State worth it?

It depends on your other options. Debt equals 45% of first-year earnings, against a national median of 45%. Compare the cost with other Maryland programs before deciding.

Morgan State Accounting (Bachelor's): Tuition, Graduate Salary, and Debt

Q: Do Morgan State accounting graduates stay in Maryland?

Most do. 86% (25 of 29) were working in Maryland one year after graduating.

Bachelor's in Accounting and Related Services
Public university
Baltimore, MD
About 16 graduates a year

College Scorecard June 2026 release · BLS wages May 2025

The short answer

Morgan State accounting graduates earn about what accounting graduates earn nationally, $56,040 in their first year. The typical graduate leaves with $25,000 in federal loans, close to the national median of $24,958. Several Maryland programs report higher pay.

First-year earnings$56,04058th percentile of 636 programs nationally

Earnings after 5 years$67,61621% more than year one

Median federal debt$25,0007th lowest of 10 Maryland programs

Debt-to-earnings45%Maryland median 37%, national 45%

How it compares

Each figure is the median for graduates of the program. The Maryland and national columns are the medians across all accounting bachelor's programs that report the figure.

	Morgan State	Maryland	National
Earnings, 1 year after graduating	$56,040	$64,431	$54,059
Earnings, 5 years after graduating	$67,616	$82,358	$71,308
Median federal debt at graduation	$25,000	$24,750	$24,958
Debt as share of first-year pay	45%	37%	45%
Programs compared		10	636

Five years out, Morgan State graduates earn less than the national figure and about $14,742 less than the Maryland median. Several Maryland programs with higher debt show higher pay by the five-year mark.

Debt and first-year pay at every Maryland accounting program

Programs in the upper left give graduates higher pay for less debt. Dashed lines mark the Maryland medians.

Morgan StateOther Maryland programs

Hover over or tap a dot to see the school. Only programs that report both earnings and debt are shown.

What graduates earn over time

Pay rises about 21% between the first and fifth year.

Morgan State grads, year 1$56,040

Morgan State grads, year 5$67,616

All Maryland accounting grads, year 5$82,358

Year 1 and year 5 figures come from different graduating classes, so the growth rate is an estimate.

Paying back the loans

On a standard 10-year plan, the median debt means a payment of about $265 a month, or 5.7% of a graduate's typical monthly pay in the first year.

Two years into repayment (51 borrowers)	Share
Paid off in full	20% or less
Paying down the balance	20% or less
Paused payments (forbearance)	20–39%
In default	20% or less

The government publishes these as ranges to protect privacy. They were measured in 2018 to 2020, partly during the pandemic pause on federal loan payments, so the forbearance share may be higher than usual.

Where graduates work, and what the pay is worth

86% of graduates (25 of 29) were working in Maryland one year after graduating. Prices in the Baltimore area are about 4% above the national average, so a $56,040 salary here buys what about $53,633 buys in a typical US city.

Careers this field leads to

These are the jobs that the federal crosswalk from fields of study to occupations links to accounting, largest first. Pay is the median across all experience levels.

Accountants and Auditors

$89,370

Median pay in Maryland. 26,170 people work in this job in Maryland. Nationally, jobs are projected to grow 5% from 2025 to 2035, with about 115,300 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $59,760Top 10%: $156,660

Bookkeeping, Accounting, and Auditing Clerks

$53,540

Median pay in Maryland. 18,170 people work in this job in Maryland. Nationally, jobs are projected to shrink 6% from 2025 to 2035, with about 144,100 openings a year. Typical education to start: some college, no degree.

Bottom 10%: $39,500Top 10%: $75,600

Financial Managers

$158,750

Median pay in Maryland. 19,770 people work in this job in Maryland. Nationally, jobs are projected to grow 10% from 2025 to 2035, with about 65,600 openings a year. Typical education to start: bachelor's degree, plus 5 years or more of related work experience.

Bottom 10%: $84,030Top 10%: $290,190

Financial and Investment Analysts

$100,370

Median pay in Maryland. 5,360 people work in this job in Maryland. Nationally, jobs are projected to grow 7% from 2025 to 2035, with about 24,700 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $64,690Top 10%: $183,320

About Morgan State

In-state tuition and fees	$8,229 / year
Out-of-state tuition and fees	$19,124 / year
Average net price after aid	$14,985 / year
Admission rate	82%
Graduation rate (within 6 years)	41%
Undergraduate students	9,019

Accounting ranks 7th of 23 bachelor's programs at Morgan State by first-year earnings. The top three are Electrical Engineering ($78,033), Nursing ($75,641), and Industrial Engineering ($74,047).

Other accounting bachelor's programs near Baltimore

School	Distance	Year 1 pay	Debt
Morgan StateBaltimore, MD · public		$56,040	$25,000
Loyola University MarylandBaltimore, MD · private nonprofit	2 mi	$69,305	$27,000
Towson UniversityTowson, MD · public	4 mi	$64,012	$21,375
Stevenson UniversityOwings Mills, MD · private nonprofit	12 mi	$67,261	$24,922
McDaniel CollegeWestminster, MD · private nonprofit	28 mi	$65,941	$24,210
University of MarylandCollege Park, MD · public	31 mi	$69,821	$15,000
UMGCAdelphi, MD · public	33 mi	$58,863	$26,930
Catholic University of AmericaWashington, DC · private nonprofit	36 mi	$69,915	$25,725
University of the District of ColumbiaWashington, DC · public	38 mi	$61,610	$32,160

Common questions

The median graduate earns $56,040 one year after graduating and $67,616 five years after. The median across accounting bachelor's programs in Maryland is $64,431.

About this data

Earnings and debt only include students who received federal financial aid (grants or loans).
Earnings only count graduates who were working and not enrolled in more school. Graduates who went straight to further study are not included.
Debt only includes federal loans. Private loans and credit cards are not counted.
Some schools with several campuses report one combined figure for all of them. We count each of those schools once, and leave them out of Maryland comparisons when their main campus is in another state.
Scorecard figures describe graduating classes from several years ago. BLS wages are from May 2025.
School-level numbers like tuition, admission rate, and graduation rate are for the whole school, not the accounting program.

Sources

U.S. Department of Education, College Scorecard, field of study and institution files, June 2026 release
Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
Bureau of Labor Statistics, Employment Projections 2025 to 2035
Bureau of Economic Analysis, Regional Price Parities, 2024
NCES, CIP 2020 to SOC 2018 crosswalk, and IPEDS institution directory, 2024

Accounting bachelor's programs in Maryland, ranked10 programs by pay and debt Accounting bachelor's programs in the US, ranked636 programs by pay and debt All Morgan State programs, ranked23 programs by pay and debt