Pharmacy, Pharmaceutical Sciences, and Administration at University of Toledo
Bachelor's Degree
utoledo.eduAnalysis
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
Earnings Distribution
How University of Toledo graduates compare to all 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 | $44,466 | $54,092 | +22% |
| University of Hawaii at Hilo | $63,776 | $128,695 | +102% |
| Campbell University | $54,919 | $68,854 | +25% |
| Ohio Northern University | $49,444 | $60,748 | +23% |
| Ohio State University-Main Campus | $37,369 | $52,308 | +40% |
Compare to Similar Programs in Ohio
Pharmacy, Pharmaceutical Sciences, and Administration bachelors's programs at peer institutions in Ohio (7 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,377 | $44,466 | $54,092 | $25,000 | 0.56 | |
| $37,800 | $49,444 | $60,748 | $27,000 | 0.55 | |
| $12,859 | $37,369 | $52,308 | $20,500 | 0.55 | |
| National Median | — | $49,444 | — | $23,413 | 0.47 |
Career Paths
Occupations commonly associated with pharmacy, pharmaceutical sciences, and administration graduates
Natural Sciences Managers
Clinical Research Coordinators
Marketing Managers
Sales Managers
Pharmacists
Industrial Production Managers
Quality Control Systems Managers
Medical and Health Services Managers
Economists
Environmental Economists
Biochemists and Biophysicists
Medical Scientists, Except Epidemiologists
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.