Toledo, Ohio Colleges: Costs & Earnings (2026 stats)
TL;DR
EDsmart Data analysis of 2024 College Scorecard data for Toledo, Ohio shows: median public in-state tuition $16,800 (+204.8% vs national median) median 10-year earnings $58,020 (+6.8% vs U.S.) employment-outcome proxy 93.4% working & not enrolled at 8 years median graduate debt $17,477 (+30.1% vs U.S.) 11,785 students enrolled statewide.
Key Facts
- Institutions in this profile: 7 campuses
- Total college enrollment: 11,785 students
- Median public in-state tuition: $16,800 (+204.8% vs U.S.)
- Median earnings 10 years after entry: $58,020 (+6.8% vs U.S.)
- Working & not enrolled (8-yr cohort proxy): 93.4% (+5.4 pp vs U.S.)
- Median net price: $17,989 (+80.5% vs U.S.)
- Median student debt at graduation: $17,477 (+30.1% vs U.S. $13,432); regional median $14,004
- Average completion rate (institutions in state): 55.8%
- Median first-year retention (full-time, 4-yr): 82.0%
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Overview
EDsmart Data summarizes higher-education outcomes for campuses in Toledo, Ohio—costs, debt, enrollment, completion, earnings, and standout institutions—against Ohio and U.S. medians from the College Scorecard.
Toledo vs Ohio & national benchmarks
Medians aggregate institution-level College Scorecard fields unless noted. Enrollment is total undergraduate headcount summed across reporting campuses.
| Geography | In-state tuition | Net price | Median debt | Completion rate | Enrollment |
|---|---|---|---|---|---|
| Toledo, Ohio | $16,800 | $17,989 | $17,477 | 55.8% | 11,785 |
| Ohio (state median) | $7,491 | $12,090 | $14,004 | 46.4% | 429,559 |
| United States | $5,512 | $9,967 | $13,432 | 50.3% | 14,484,370 |
Earnings & employment outcomes: Toledo, Ohio vs benchmarks
Scorecard does not publish formal job-placement rates. We use the share of the 8-year cohort reported as working and not enrolled (working ÷ working + not working) as a federal employment-outcome proxy. 2-yr and 3-yr default rates are federal cohort default shares (0–1 scale). We show 2-yr default as the primary benchmark; 3-yr default appears only when enough campuses report non-suppressed values (otherwise —). 3-yr repayment progress is the share of completers making progress on loans after 3 years. Sample: bachelor's-predominant institutions with enrollment ≥ 200. Medians pool campus-level values.
| Geography | Median earnings (10 yr) | Working & not enrolled (8 yr) | Retention (FT yr 1) | 2-yr default | 3-yr default | 3-yr repayment progress | Debt ÷ earnings |
|---|---|---|---|---|---|---|---|
| Toledo, Ohio | $58,020 | 93.4% | 82.0% | 7.3% | — | 67.1% | 0.38 |
| Ohio (state median) | $52,581 | 91.0% | 73.7% | 5.6% | — | 71.4% | 0.47 |
| United States | $54,323 | 87.9% | 76.3% | 5.0% | — | 73.7% | 0.41 |
Other cities in Ohio (3+ campuses)
Other cities in the same state with at least three reporting campuses.
| City | In-state tuition | Net price | Median debt | Completion | Enrollment | Earnings (10 yr) | Working (8 yr) |
|---|---|---|---|---|---|---|---|
| Toledo, Ohio | $16,800 | $17,989 | $17,477 | 55.8% | 11,785 | $58,020 | 93.4% |
| Columbus | $21,028 | $23,812 | $15,292 | 47.4% | 79,970 | $53,018 | 89.9% |
| Columbus | $21,028 | $23,812 | $15,292 | 47.4% | 79,970 | $53,018 | 89.9% |
| Cincinnati | $16,836 | $20,018 | $14,858 | 56.7% | 45,270 | $54,810 | 91.2% |
| Cleveland | $32,638 | $25,956 | $17,534 | 64.9% | 31,334 | $52,131 | 85.9% |
| Cleveland | $32,638 | $25,956 | $17,534 | 64.9% | 31,334 | $52,131 | 85.9% |
| Dayton | $14,822 | $15,415 | $12,403 | 41.7% | 28,536 | $62,518 | 92.4% |
| North Canton | $7,492 | $10,897 | $24,500 | 47.6% | 9,831 | $59,764 | 95.7% |
| Akron | $13,292 | $13,946 | $22,375 | 35.4% | 9,482 | $46,600 | 89.7% |
| United States | $5,512 | $9,967 | $13,432 | 50.3% | 14,484,370 | $54,323 | 87.9% |
Top 10 colleges in Toledo, Ohio by graduation rate (150% time)
Ranked by 150% time completion rate (4-year bachelor's-predominant institutions, enrollment ≥ 500). Higher rate = more students finishing within 150% of normal time.
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Rank 1, Graduation Rate, 57.0%, University of Toledo
University of Toledo
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Rank 2, Graduation Rate, 55.8%, Mercy College of Ohio
Mercy College of Ohio
Top 10 colleges in Toledo, Ohio by employment outcome (8 yrs after entry, working & not enrolled)
Ranked by share of the 8-year cohort reported as working and not enrolled — a federal outcome proxy, not a verified job-placement rate. Enrollment ≥ 500.
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Rank 1, Employment Outcome, 94.9%, Mercy College of Ohio
Mercy College of Ohio
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Rank 2, Employment Outcome, 91.8%, University of Toledo
University of Toledo
Top 10 most selective colleges in Toledo, Ohio (lowest admission rate)
Ranked by lowest admission rate (most selective first). Bachelor's-predominant four-year institutions with enrollment ≥ 500 and a reported admission rate.
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Rank 1, Admission Rate, 92.0%, University of Toledo
University of Toledo
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Rank 2, Admission Rate, 93.2%, Mercy College of Ohio
Mercy College of Ohio
Top 10 colleges in Toledo, Ohio by entry-level earnings (1 yr post-completion, program)
Ranked by median program-level earnings one year after completion (highest first). Enrollment ≥ 300; reflects completers in reported CIP programs, not all entrants.
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Rank 1, Entry-Level Earnings, $80,876, University of Toledo
University of Toledo
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Rank 2, Entry-Level Earnings, $73,010, Mercy College of Ohio
Mercy College of Ohio
Top 10 colleges in Toledo, Ohio by early-career earnings (4 yr post-completion, program)
Ranked by median program-level earnings four years after completion (highest first). Enrollment ≥ 300; program cohort, not institution-wide median.
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Rank 1, Early-Career Earnings, $98,529, University of Toledo
University of Toledo
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Rank 2, Early-Career Earnings, $80,420, Mercy College of Ohio
Mercy College of Ohio
Top 10 colleges in Toledo, Ohio by mid-career earnings (6 yrs after entry)
Ranked by median earnings six years after entry (highest first). Bachelor's-predominant institutions with enrollment ≥ 500.
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Rank 1, Mid-Career Earnings, $61,877, Mercy College of Ohio
Mercy College of Ohio
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Rank 2, Mid-Career Earnings, $44,162, University of Toledo
University of Toledo
Top 10 colleges in Toledo, Ohio by 8-year earnings (8 yrs after entry)
Ranked by median earnings eight years after entry (highest first). Bachelor's-predominant institutions with enrollment ≥ 500.
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Rank 1, 8-Yr Earnings, $62,035, Mercy College of Ohio
Mercy College of Ohio
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Rank 2, 8-Yr Earnings, $47,257, University of Toledo
University of Toledo
Top 10 colleges in Toledo, Ohio by long-term earnings (10 yrs after entry)
Ranked by median earnings ten years after entry (highest first). Bachelor's-predominant institutions with enrollment ≥ 500.
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Rank 1, 10-Yr Earnings, $65,409, Mercy College of Ohio
Mercy College of Ohio
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Rank 2, 10-Yr Earnings, $50,632, University of Toledo
University of Toledo
Top 10 colleges in Toledo, Ohio by 10-year ROI
Ranked by 10-year return on investment (highest first). Bachelor's-predominant institutions with enrollment ≥ 200 and a computed ROI in the EDsmart dataset.
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Rank 1, 10-Yr ROI, $236,454, Mercy College of Ohio
Mercy College of Ohio
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Rank 2, 10-Yr ROI, $149,405, University of Toledo
University of Toledo
Top 10 most affordable colleges in Toledo, Ohio (net price)
Ranked by lowest average net price (most affordable first). Uses overall net price, or mid-income bracket net price for public schools when available. Enrollment ≥ 300.
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Rank 1, Net Price, $17,249, University of Toledo
University of Toledo
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Rank 2, Net Price, $17,989, Mercy College of Ohio
Mercy College of Ohio
Top 10 colleges in Toledo, Ohio by first-year retention (full-time)
Ranked by first-year, full-time retention rate (highest first). Bachelor's-predominant four-year institutions with enrollment ≥ 500.
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Rank 1, First-Year Retention, 86.7%, Mercy College of Ohio
Mercy College of Ohio
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Rank 2, First-Year Retention, 77.3%, University of Toledo
University of Toledo
In-state tuition: Toledo, Ohio vs benchmarks
Sticker price
Toledo, Ohio median in-state tuition is $16,800, +204.8% vs the U.S. median.
Student debt: Toledo, Ohio vs benchmarks
Borrowing
Median debt at graduation in Toledo, Ohio is $17,477 (+30.1% vs U.S. median $13,432). Regional median: $14,004.
Median earnings (10 years out): Toledo, Ohio vs benchmarks
Payoff
Median earnings 10 years after entry for bachelor's-predominant campuses in Toledo, Ohio center around $58,020 (+6.8% vs U.S.).
Median institution-level 10-year earnings. Source: College Scorecard.
Employment outcome proxy: Toledo, Ohio vs benchmarks
Working & not enrolled
The share of the 8-year cohort reported as working and not enrolled—our Scorecard employment proxy—is 93.4% at the median Toledo, Ohio campus (+5.4 pp vs U.S.).
Percent of 8-year cohort working and not enrolled (not a formal placement rate).
Analysis & insights
EDsmart Data aggregates institution-level College Scorecard data for this profile. Highlights below compare local medians to U.S. and regional benchmarks.
Costs & borrowing
Toledo, Ohio median public in-state tuition is $16,800, about +204.8% vs the national median. Versus the Great Lakes region, tuition is +198.7%.
Median graduate debt is $17,477 (+30.1% above the U.S. median of $13,432). Low sticker prices do not always mean low borrowing—living costs, time-to-degree, and aid mix matter.
Earnings, employment & retention
Among bachelor's-predominant campuses with ≥200 students, median 10-year earnings in Toledo, Ohio are $58,020, about +6.8% vs the U.S. campus median ($54,323).
The median campus reports 93.4% of its 8-year cohort as working and not enrolled—our closest federal proxy to a placement rate. The U.S. campus median is 87.9% (+5.4 pp). Formal job-placement statistics are not published in Scorecard; treat this as a comparative outcome indicator, not a hire guarantee.
First-year, full-time retention at the median campus is 82.0% vs a U.S. median of 76.3%—a leading indicator for completion and time-to-degree.
Loan repayment indicators at the median campus: 2-yr default 7.3% (U.S. 5.0%); 3-yr repayment progress 67.1% (U.S. 73.7%). 3-yr default is omitted when most campuses report suppressed zeros.
Top employment-outcome campuses in this extract include Mercy College of Ohio (94.9%), University of Toledo (91.8%)—useful anchors for local reporting on where graduates are most often working rather than still enrolled.
Completion & workforce context
Average institution-level completion rate across all sectors in Toledo, Ohio is 55.8% (national institution average about 50.3%).
FAQ
How many colleges are in Toledo?
EDsmart Data analysis: this city profile covers 7 campuses in Toledo, Ohio with College Scorecard cost or outcomes data.
How much does college cost in Toledo?
EDsmart Data analysis: median in-state tuition in Toledo is $16,800 and median net price is $17,989. For Ohio overall, medians are $7,491 and $12,090; U.S. medians are $5,512 and $9,967.
What do graduates earn in Toledo?
EDsmart Data analysis: median 10-year earnings for campuses in Toledo is $58,020 vs $52,581 for Ohio and $54,323 nationally.
What is student debt like for Toledo colleges?
EDsmart Data analysis: median completer debt in Toledo is $17,477 vs $14,004 for Ohio and $13,432 nationally.
What are the best colleges in Toledo?
EDsmart Data analysis: top campuses on this page include University of Toledo (graduation) and Mercy College of Ohio (10-yr earnings). See Top 10 lists for admission, affordability, and employment metrics.
Are there HBCUs, Hispanic-serving, tribal, or religious colleges in Toledo?
EDsmart Data analysis: among 7 campuses in Toledo, Ohio, 1 religiously affiliated private nonprofit campus (IPEDS RELAFFIL); most common affiliations: Roman Catholic (1).
Sources & related
- Ohio college profile
- All college profiles
- National benchmarks
- U.S. Department of Education, College Scorecard
- Download: JSON