Analysis
A mathematics bachelor's degree from Toledo comes with estimated first-year earnings of $49,228 and debt around $20,625—figures derived from comparable Ohio programs, given limited graduate sample size. That debt-to-earnings ratio of 0.42 suggests manageable repayment: roughly equivalent to half a year's starting salary, which falls within reasonable borrowing guidelines for a field with steady demand.
By year four, when actual data becomes available, earnings climb to $54,293. That progression matters because it shows mathematics graduates aren't stuck at entry-level wages—they're gaining traction in the job market. Similar Ohio programs at Kent State and Ohio State report slightly higher starting figures ($52,921-$54,367), but Toledo's trajectory converges with theirs within a few years, suggesting the credential holds comparable market value despite the school's 95% admission rate.
The practical question is whether Toledo's open-access model delivers similar outcomes to more selective Ohio programs. The four-year earnings data—actual figures, not estimates—suggest it does. For families concerned about debt, $20,625 is manageable on a math graduate's salary, assuming your child completes in four years and secures employment in their field. The bigger risk isn't the borrowing level but whether they'll persist through the quantitative coursework required for the degree.
Where University of Toledo Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| University of Toledo | — | $54,293 | — |
| Massachusetts Institute of Technology | $109,288 | $180,882 | +66% |
| Bowling Green State University-Main Campus | $46,678 | $60,748 | +30% |
| Ohio State University-Main Campus | $52,921 | $58,860 | +11% |
| Cleveland State University | $41,164 | $49,718 | +21% |
Compare to Similar Programs in Ohio
Mathematics bachelors's programs at peer institutions in Ohio (56 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $12,377 | $49,228* | $54,293 | $20,625* | — | |
| $7,272 | $54,367* | — | $19,250* | 0.35 | |
| $12,846 | $54,367* | — | $19,250* | 0.35 | |
| $12,859 | $52,921* | $58,860 | $20,500* | 0.39 | |
| $17,809 | $49,541* | — | $18,850* | 0.38 | |
| $13,570 | $48,914* | — | $20,970* | 0.43 | |
| National Median | — | $48,772* | — | $21,500* | 0.44 |
Career Paths
Occupations commonly associated with mathematics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
Mathematical Science Teachers, Postsecondary
Secondary School Teachers, Except Special and Career/Technical Education
Mathematical Science Occupations, All Other
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At University of Toledo, approximately 26% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 8 similar programs in OH. Actual outcomes may vary.