Median Earnings (1yr)
$30,637
43rd percentile
40th percentile in Ohio
Median Debt
$23,000
10% below national median

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

School1 Year4 YearsGrowth
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)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of ToledoToledo$12,377$30,637$40,421$23,0000.75
Kenyon CollegeGambier$69,330$39,203$42,073$19,0000.48
Muskingum UniversityNew Concord$31,440$37,636$34,807$27,6250.73
John Carroll UniversityUniversity Heights$49,100$36,602$43,225$27,0000.74
Miami University-HamiltonHamilton$7,278$36,190$46,978$24,0940.67
Miami University-MiddletownMiddletown$7,278$36,190$46,978$24,0940.67
National Median$31,482$25,5000.81

Career Paths

Occupations commonly associated with psychology graduates

Industrial-Organizational Psychologists

Apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training, and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

$94,310/yrJobs growth:

Clinical and Counseling Psychologists

Assess, diagnose, and treat mental and emotional disorders of individuals through observation, interview, and psychological tests. Help individuals with distress or maladjustment understand their problems through their knowledge of case history, interviews with patients, and theory. Provide individual or group counseling services to assist individuals in achieving more effective personal, social, educational, and vocational development and adjustment. May design behavior modification programs and consult with medical personnel regarding the best treatment for patients.

$94,310/yrJobs growth:

Psychologists, All Other

All psychologists not listed separately.

$94,310/yrJobs growth:

Neuropsychologists

Apply theories and principles of neuropsychology to evaluate and diagnose disorders of higher cerebral functioning, often in research and medical settings. Study the human brain and the effect of physiological states on human cognition and behavior. May formulate and administer programs of treatment.

$94,310/yrJobs growth:

Clinical Neuropsychologists

Assess and diagnose patients with neurobehavioral problems related to acquired or developmental disorders of the nervous system, such as neurodegenerative disorders, traumatic brain injury, seizure disorders, and learning disabilities. Recommend treatment after diagnosis, such as therapy, medication, or surgery. Assist with evaluation before and after neurosurgical procedures, such as deep brain stimulation.

$94,310/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Managers, All Other

All managers not listed separately.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Social Science Research Assistants

Assist social scientists in laboratory, survey, and other social science research. May help prepare findings for publication and assist in laboratory analysis, quality control, or data management.

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.