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2023 Best Value Colleges for Liberal Arts (Income $0-$30k) in Indiana

11 Ranked Colleges
1,702 Degrees Awarded
$8,300 Avg Net Price*
Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

Liberal Arts is one of the most popular majors in the nation, ranking 2nd of all the majors we analyze. In 2020-2021, 366,996 degrees were awarded to students with this major.

Across Indiana, there were 1,702 liberal arts graduates with average earnings and debt of $0 and $0 respectively.

For this year’s “Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k” ranking, we looked at 11 colleges that offer a degree in liberal arts. The schools that top this list are recognized because they have great liberal arts programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the liberal arts program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

More Ways to Rank Liberal Arts Schools

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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k

The colleges and universities below are the best for indiana liberal studies students whose families make $0-$30k.

Top 11 Best Value Colleges for Liberal Arts (Income $0-$30k) in Indiana

1
IU Bloomington crest
Indiana University - Bloomington
Bloomington, Indiana

Out of the 11 schools in the Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k that were part of this year’s ranking, Indiana University - Bloomington landed the #1 spot on the list. IU Bloomington is a public institution located in Bloomington, Indiana. The school has a large population, and it awarded 225 ’s degrees in 2020-2021.

IU Bloomington also took the #2 spot in our “Best Liberal Arts Schools in Indiana” ranking. It costs about $5,752 for Indiana Liberal Studies students whose families make $0-$30k per year to attend Indiana University - Bloomington.

With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Liberal Arts at IU Bloomington

2
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

You’ll be in good company if you decide to attend University of Notre Dame. It ranked #2 on our 2023 Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k list. Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 36 ’s liberal studies degrees in 2020-2021.

Notre Dame did well in our major quality rankings, too. It placed #1 on our “Best Liberal Arts Schools in Indiana” list. The estimated yearly cost for University of Notre Dame is $9,872 for Indiana Liberal Studies students whose families make $0-$30k.

With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students.

Read full report on Liberal Arts at University of Notre Dame

3
Ivy Tech Community College crest
Ivy Tech Community College
Indianapolis, Indiana

You’ll join some of the best and brightest minds around if you attend Ivy Tech Community College. The school came in at #3 for the Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k. This large school is located in Indianapolis, Indiana, and it awarded 356 ’s liberal studies degrees in 2020-2021.

Ivy Tech Community College did well in our major quality rankings, too. It placed #5 on our “Best Liberal Arts Schools in Indiana” list. It costs about $6,213 for Indiana Liberal Studies students whose families make $0-$30k per year to attend Ivy Tech Community College.

Read full report on Liberal Arts at Ivy Tech Community College

4

You’ll join some of the best and brightest minds around if you attend Indiana University - South Bend. The school came in at #4 for the Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k. This small school is located in South Bend, Indiana, and it awarded 12 ’s liberal studies degrees in 2020-2021.

Indiana University - South Bend also took the #7 spot in our “Best Liberal Arts Schools in Indiana” ranking. The yearly cost to attend Indiana University - South Bend is $5,504 for indiana liberal studies students whose families make $0-$30k.

Full Indiana University - South Bend Liberal Arts Report

5
Ball State crest
Ball State University
Muncie, Indiana

You’ll join some of the best and brightest minds around if you attend Ball State University. The school came in at #5 for the Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k. Ball State is a large public school situated in Muncie, Indiana. It awarded 217 ’s liberal studies degrees in 2020-2021.

Ball State also made our “Best Liberal Arts Schools in Indiana” list, coming in at #3. The estimated yearly cost for Ball State is $8,273 for indiana liberal studies students whose families make $0-$30k.

The low undergrad student loan default rate of 4.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Liberal Arts at Ball State

6
Vincennes University crest
Vincennes University
Vincennes, Indiana

Vincennes University landed the #6 spot on the 2023 Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k ranking. Located in Vincennes, Indiana, this fairly large public school awarded 566 degrees to qualified ’s liberal studies students in 2020-2021.

Vincennes University also made our “Best Liberal Arts Schools in Indiana” list, coming in at #4. It costs about $9,228 for Indiana Liberal Studies students whose families make $0-$30k per year to attend Vincennes University.

Read full report on Liberal Arts at Vincennes University

7
Indiana University - Southeast crest
Indiana University - Southeast
New Albany, Indiana

Indiana University - Southeast landed the #7 spot on the 2023 Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k ranking. Indiana University - Southeast is located in New Albany, Indiana and, has a small student population. In 2020-2021, this school awarded 12 ’s liberal studies degrees to qualified students.

Indiana University - Southeast not only placed well in this ranking. It is also #6 on our “Best Liberal Arts Schools in Indiana” list. It costs about $7,587 for Indiana Liberal Studies students whose families make $0-$30k per year to attend Indiana University - Southeast.

Full Indiana University - Southeast Liberal Arts Report

8
USI crest
University of Southern Indiana
Evansville, Indiana

University of Southern Indiana ranked #8 on this year’s Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k list. Evansville, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out ’s liberal studies degrees to 41 students in 2020-2021.

USI also took the #8 spot in our “Best Liberal Arts Schools in Indiana” ranking. It costs about $7,815 for indiana liberal studies students whose families make $0-$30k per year to attend USI.

The undergrad student loan default rate at the school is 3.9%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Liberal Arts at USI

9

Purdue University Northwest did quite well in the 2023 Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k ranking, coming in at #9. This medium-sized school is located in Hammond, Indiana, and it awarded 44 ’s liberal studies degrees in 2020-2021.

Purdue Northwest also made our “Best Liberal Arts Schools in Indiana” list, coming in at #10. The yearly cost to attend Purdue University Northwest is $6,775 for indiana liberal studies students whose families make $0-$30k.

Read full report on Liberal Arts at Purdue University Northwest

10
Indiana State crest
Indiana State University
Terre Haute, Indiana

Indiana State University ranked #10 on this year’s Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k list. Indiana State University is a medium-sized public school situated in Terre Haute, Indiana. It awarded 36 ’s liberal studies degrees in 2020-2021.

As a testament to the quality of education offered at Indiana State, the school also landed the #11 spot in our “Best Liberal Arts Schools in Indiana” ranking. The estimated yearly cost for Indiana State University is $10,104 for Indiana Liberal Studies students whose families make $0-$30k.

Read full report on Liberal Arts at Indiana State

11
UIndy crest
University of Indianapolis
Indianapolis, Indiana

With a ranking of #11, University of Indianapolis did quite well on the 2023 Best Value Liberal Studies Schools in Indiana For Those Making $0-$30k list. University of Indianapolis is a medium-sized private not-for-profit school situated in Indianapolis, Indiana. It awarded 14 ’s liberal studies degrees in 2020-2021.

UIndy also took the #9 spot in our “Best Liberal Arts Schools in Indiana” ranking. The yearly cost to attend UIndy is $14,124 for Indiana Liberal Studies students whose families make $0-$30k.

Full UIndy Liberal Arts Report

Notes and References

References

Read more about our data sources and methodologies

Footnotes

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