Median Earnings (1yr)
$44,466
37th percentile
60th percentile in Ohio
Median Debt
$25,000
7% above national median

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

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of ToledoToledo$12,377$44,466$54,092$25,0000.56
Ohio Northern UniversityAda$37,800$49,444$60,748$27,0000.55
Ohio State University-Main CampusColumbus$12,859$37,369$52,308$20,5000.55
National Median$49,444$23,4130.47

Career Paths

Occupations commonly associated with pharmacy, pharmaceutical sciences, and administration graduates

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Marketing Managers

Plan, direct, or coordinate marketing policies and programs, such as determining the demand for products and services offered by a firm and its competitors, and identify potential customers. Develop pricing strategies with the goal of maximizing the firm's profits or share of the market while ensuring the firm's customers are satisfied. Oversee product development or monitor trends that indicate the need for new products and services.

$159,660/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree

Pharmacists

Dispense drugs prescribed by physicians and other health practitioners and provide information to patients about medications and their use. May advise physicians and other health practitioners on the selection, dosage, interactions, and side effects of medications.

$137,480/yrJobs growth:Doctoral or professional degree

Industrial Production Managers

Plan, direct, or coordinate the work activities and resources necessary for manufacturing products in accordance with cost, quality, and quantity specifications.

$121,440/yrJobs growth:Bachelor's degree

Quality Control Systems Managers

Plan, direct, or coordinate quality assurance programs. Formulate quality control policies and control quality of laboratory and production efforts.

$121,440/yrJobs growth:Bachelor's degree

Medical and Health Services Managers

Plan, direct, or coordinate medical and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.

$117,960/yrJobs growth:Bachelor's degree

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Biochemists and Biophysicists

Study the chemical composition or physical principles of living cells and organisms, their electrical and mechanical energy, and related phenomena. May conduct research to further understanding of the complex chemical combinations and reactions involved in metabolism, reproduction, growth, and heredity. May determine the effects of foods, drugs, serums, hormones, and other substances on tissues and vital processes of living organisms.

$103,650/yrJobs growth:Doctoral or professional degree

Medical Scientists, Except Epidemiologists

Conduct research dealing with the understanding of human diseases and the improvement of human health. Engage in clinical investigation, research and development, or other related activities.

$100,590/yrJobs growth:Doctoral or professional degree
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.