Median Earnings (1yr)
$44,466
37th percentile (60th in OH)
Median Debt
$25,000
7% above national median
Debt-to-Earnings
0.56
Manageable
Sample Size
47
Adequate data

Analysis

Toledo's pharmacy program lands squarely in the middle of Ohio's offerings—at the 60th percentile for earnings—but trails the national median by about $5,000 annually. Starting at $44,466, graduates see steady growth to $54,092 by year four, a respectable 22% increase. However, Ohio Northern graduates start $5,000 higher right out of the gate, which matters when you're choosing between in-state options. The $25,000 debt load is reasonable and in line with state and national norms, keeping the debt-to-earnings ratio manageable at 0.56.

The real question is whether this bachelor's prepares students for a clear career path or serves primarily as a stepping stone to pharmacy school. Many pharmacy-related bachelor's degrees lead students to graduate programs, which means these earnings may reflect interim positions rather than final career outcomes. If your child plans to continue to a PharmD, this program's modest debt gives them flexibility. If they're planning to stop at the bachelor's level, understand that earnings are middling compared to peers—both nationally and within Ohio.

The takeaway: Toledo offers an affordable entry point into pharmaceutical sciences, but families should have an honest conversation about post-graduation plans. For students headed to pharmacy school, the low debt is a strength. For those entering the workforce immediately, comparable programs exist at similar or lower cost with stronger early earnings.

Where University of Toledo Stands

Earnings vs. debt across all pharmacy, pharmaceutical sciences, and administration bachelors's programs nationally

University of ToledoOther pharmacy, pharmaceutical sciences, and administration programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How University of Toledo graduates compare to all programs nationally

University of Toledo graduates earn $44k, placing them in the 37th percentile of all pharmacy, pharmaceutical sciences, and administration bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Ohio

Pharmacy, Pharmaceutical Sciences, and Administration bachelors's programs at peer institutions in Ohio (7 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Toledo$44,466$54,092$25,0000.56
Ohio Northern University$49,444$60,748$27,0000.55
Ohio State University-Main Campus$37,369$52,308$20,5000.55
National Median$49,444—$23,4130.47

Other Pharmacy, Pharmaceutical Sciences, and Administration Programs in Ohio

Compare tuition, earnings, and debt across Ohio schools

SchoolIn-State TuitionEarnings (1yr)Debt
Ohio Northern University
Ada
$37,800$49,444$27,000
Ohio State University-Main Campus
Columbus
$12,859$37,369$20,500

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.

Sample Size: Based on 47 graduates with reported earnings and 115 graduates with debt data. Small samples may not be representative.