At $17,460/yr net price, University of Toledo graduates earn $50,632/yr within 10 years of enrollment, which is $16,632/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $17,460 |
| Estimated 4-Year Cost | $69,840 |
| Median Earnings (10yr post-entry) | $50,632/yr |
| Earnings Premium vs. HS Diploma | +$16,632/yr |
| Estimated Break-Even | 4.2 years |
| Graduation Rate (6-year) | 55.6% |
| Median Debt at Graduation | $22,250 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $12,763/yr |
| $30,001 - $48,000 | $13,774/yr |
| $48,001 - $75,000 | $17,553/yr |
| $75,001 - $110,000 | $20,182/yr |
| $110,001+ | $21,594/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Pharmacy, Pharmaceutical Sciences, and Administration. | Doctoral | $117,184 | $63,987 |
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Master | $103,913 | $107,158 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Certificate | $99,547 | |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Master | $81,210 | $49,000 |
| Electrical, Electronics and Communications Engineering. | Bachelor | $75,623 | $21,250 |
| Chemical Engineering. | Bachelor | $72,742 | $25,750 |
| Mechanical Engineering. | Bachelor | $71,854 | $17,500 |
| Business Administration, Management and Operations. | Master | $71,575 | $34,375 |
| Rehabilitation and Therapeutic Professions. | Doctoral | $68,047 | $71,354 |
| Electromechanical Instrumentation and Maintenance Technologies/Technicians. | Bachelor | $66,169 | $24,021 |
The Risk Factor
55.6% of students at University of Toledo graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
University of Toledo lands you at $50,632 median earnings ten years out, against a debt load around $22,250. That's a workable ratio, but the value here splits hard along your major. Engineering pays, and most other paths land near the median or below.
The engineering majors are the reason to come. Electrical engineering clears $75,000 while carrying debt close to the school average, and mechanical engineering does nearly as well on the lowest debt of any top program here. Chemical and computer science both pay in the mid-$60,000s to low-$70,000s, though computer science graduates leave owing almost $30,000, the heaviest debt on this list for pay that trails electrical by $11,000. If you enroll for engineering and finish, the numbers work strongly in your favor.
The risk is finishing at all. A 55.6% graduation rate means close to half the people who start don't cross the finish line, and a 75.88% retention rate means a quarter are gone after year one. Debt with no degree is the worst outcome, and the odds of that here are real. The strong salaries above only apply to graduates.
On cost, if your family earns under $48,000 you pay under $14,000 a year, and the tiers climb steeply after that: $75,000-$110,000 households pay over $20,000, and above $110,000 you pay $21,594. Lower-income families get a genuine discount here.
This school fits you if you're committed to an engineering or computing degree and confident you'll graduate. If you're undecided or drawn to lower-paying majors, the median earnings and the completion odds should give you pause. Pick the degree first, then decide.
Frequently Asked Questions
Is University of Toledo worth the cost?
University of Toledo offers decent value for students in healthcare and engineering programs, with pharmacy graduates earning $117,000 annually. However, the 55% graduation rate means nearly half of students don't finish, making it risky for those unsure about their major.
What programs at University of Toledo have the best ROI?
Pharmacy leads with $117,000 average earnings, followed by allied health ($103,900) and nursing ($99,500). Engineering programs also perform well at $75,600, while other majors may struggle to justify the cost given the university's overall graduate earnings of $50,600.
How much debt do University of Toledo graduates typically have?
The median debt of $22,250 is manageable compared to many universities. With healthcare and engineering graduates earning $75,000-$117,000, debt payments are reasonable for these fields, but riskier for lower-paying majors.
Does University of Toledo provide good financial aid?
The net price of $17,460 per year is affordable for a four-year university. However, with a 92% acceptance rate and 55% graduation rate, the school admits many students who may not be academically prepared to succeed.