Analysis
University of Toledo's psychology graduates start modestly at $30,637 but see encouraging momentum, with earnings jumping 32% to over $40,000 by year four. That growth trajectory matters more than the initial below-average placement, which sits in the 40th percentile among Ohio psychology programs. The $23,000 debt load—lower than both state and national medians—means graduates aren't drowning while they build their careers.
The numbers tell a story of realistic expectations followed by steady progress. While top Ohio programs like Kenyon ($39,203) and Muskingum ($37,636) deliver stronger starting salaries, Toledo graduates catch up significantly by year four. The debt-to-earnings ratio of 0.75 is manageable, especially given the open admission policy that makes this degree accessible to students who might not get into more selective programs.
For families weighing the investment, this program works best if you're patient about career development. The four-year earnings data suggests Toledo psychology graduates find their footing after gaining experience, likely moving into better roles in HR, social services, or related fields. At this price point and with this growth pattern, it's a reasonable choice for Ohio residents—just don't expect immediate financial returns right after graduation.
Where University of Toledo Stands
Earnings vs. debt across all psychology 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 | $30,637 | $40,421 | +32% |
| University of Dayton | $32,953 | $50,757 | +54% |
| Miami University-Middletown | $36,190 | $46,978 | +30% |
| Miami University-Hamilton | $36,190 | $46,978 | +30% |
| Miami University-Oxford | $36,190 | $46,978 | +30% |
Compare to Similar Programs in Ohio
Psychology bachelors's programs at peer institutions in Ohio (74 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,377 | $30,637 | $40,421 | $23,000 | 0.75 | |
| $69,330 | $39,203 | $42,073 | $19,000 | 0.48 | |
| $31,440 | $37,636 | $34,807 | $27,625 | 0.73 | |
| $49,100 | $36,602 | $43,225 | $27,000 | 0.74 | |
| $7,278 | $36,190 | $46,978 | $24,094 | 0.67 | |
| $7,278 | $36,190 | $46,978 | $24,094 | 0.67 | |
| National Median | — | $31,482 | — | $25,500 | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
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 58 graduates with reported earnings and 85 graduates with debt data. Small samples may not be representative.