2022 Best Value Bachelor’s Degree Colleges for Psychology (Income $0-$30k) in the Great Lakes Region
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking as one item you can use to help make this decision.
In 2019-2020, 183,889 psychology students received their degree, making the major the 7th most popular in the country. In 2017-2018, psychology graduates who were awarded their degree in 2015-2017, earned an average of $33,496 and had an average of $36,227 in loans still to pay off.
Across the Great Lakes region, there were 21,399 psychology graduates with average earnings and debt of $32,672 and $37,284 respectively. At the bachelor’s degree level specifically, there were 16,032 psychology graduates with average earnings and debt of $39,075 and $25,381 respectively.
For this year’s “Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking, we looked at 181 colleges that offer a degree in psychology. The schools that top this list are recognized because they have great psychology programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the psychology program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” list to help you make the college 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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k
The colleges and universities below are the best for great lakes region bachelor’s degree psychology students whose families make $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Psychology (Income $0-$30k) in the Great Lakes Region
You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 190 bachelors’s psychology degrees to qualified students.
Northwestern also made our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #2. It costs about $1,866 for great lakes region bachelor’s degree psychology students whose families make $0-$30k per year to attend Northwestern University.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low student loan default rate of 0.8% 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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #2 for the Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. UChicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 119 bachelors’s psychology degrees to qualified students.
As a testament to the quality of education offered at UChicago, the school also landed the #3 spot in our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $2,712 for great lakes region bachelor’s degree psychology students whose families make $0-$30k per year to attend UChicago.
With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 100%.
You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #3 for the Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s psychology degrees to 727 students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree psychology students whose families make $0-$30k list, U-M has also earned the #5 rank in our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Michigan - Ann Arbor is $3,166 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k.
The low student loan default rate of 1.2% 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%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #4 on our 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Located in Madison, Wisconsin, this large public school awarded 463 diplomas to qualified bachelors’s psychology students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree psychology students whose families make $0-$30k list, UW - Madison has also earned the #4 rank in our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $4,367 for great lakes region bachelor’s degree psychology students whose families make $0-$30k per year to attend University of Wisconsin - Madison.
The low student loan default rate of 0.8% 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%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.
Read full report on Psychology at University of Wisconsin - Madison
You’ll join some of the best and brightest minds around if you attend University of Notre Dame. The school came in at #5 for the Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. Located in Notre Dame, Indiana, this fairly large private not-for-profit school handed out 84 diplomas to qualified bachelors’s psychology students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree psychology students whose families make $0-$30k list, Notre Dame has also earned the #1 rank in our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $12,498 for great lakes region bachelor’s degree psychology students whose families make $0-$30k per year to attend Notre Dame.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Indiana University - Bloomington did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #6. Indiana University - Bloomington is a large public school situated in Bloomington, Indiana. It awarded 293 bachelors’s psychology degrees in 2019-2020.
IU Bloomington did well in our major quality rankings, too. It placed #10 on our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Indiana University - Bloomington is $4,969 for great lakes region bachelor’s degree psychology students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.
University of Illinois at Urbana-Champaign landed the #7 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 542 bachelors’s psychology degrees in 2019-2020.
UIUC also took the #19 spot in our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Illinois at Urbana-Champaign is $5,477 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.
Full University of Illinois at Urbana-Champaign Psychology Report
Ohio State University - Main Campus came in at #8 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Ohio State is a large school located in Columbus, Ohio that handed out 550 bachelors’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at Ohio State, the school also landed the #12 spot in our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio State University - Main Campus is $8,194 for great lakes region bachelor’s degree psychology students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
University of Wisconsin - La Crosse did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #9. UW - La Crosse is a fairly large public school situated in La Crosse, Wisconsin. It awarded 207 bachelors’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at UW - La Crosse, the school also landed the #11 spot in our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend UW - La Crosse is $7,939 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%.
Read more about Psychology at University of Wisconsin - La Crosse
With a ranking of #10, Michigan State University did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. East Lansing, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s psychology degrees to 385 students in 2019-2020.
Michigan State not only placed well in this ranking. It is also #18 on our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Michigan State is $6,686 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.
With a ranking of #11, Purdue University - Main Campus did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Purdue University - Main Campus is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 219 bachelors’s psychology degrees to qualified students.
Purdue excels when it comes to psychology quality. It’s in the top 15% of all schools in this category. The estimated yearly cost for Purdue University - Main Campus is $5,483 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k.
The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
Read full report on Psychology at Purdue University - Main Campus
University of Wisconsin - Whitewater came in at #12 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Whitewater, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s psychology degrees to 105 students in 2019-2020.
UW - Whitewater did well in our major quality rankings, too. It placed #20 on our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $11,868 for great lakes region bachelor’s degree psychology students whose families make $0-$30k per year to attend University of Wisconsin - Whitewater.
Indiana University - Northwest came in at #13 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in Gary, Indiana, this small public school awarded 41 degrees to qualified bachelors’s psychology students in 2019-2020.
The estimated yearly cost for IU Northwest is $3,287 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k.
With a ranking of #14, Indiana University - Purdue University - Indianapolis did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Indianapolis, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s psychology degrees to 228 students in 2019-2020.
It costs about $5,052 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k per year to attend Indiana University - Purdue University - Indianapolis.
Full Indiana University - Purdue University - Indianapolis Psychology Report
University of Wisconsin - River Falls landed the #15 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. UW - River Falls is a medium-sized public school situated in River Falls, Wisconsin. It awarded 64 bachelors’s psychology degrees in 2019-2020.
It costs about $8,366 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k per year to attend University of Wisconsin - River Falls.
The low student loan default rate of 2.7% 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%.
University of Illinois at Chicago landed the #16 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. University of Illinois at Chicago is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 459 bachelors’s psychology degrees to qualified students.
UIC also made our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #13. The estimated yearly cost for University of Illinois at Chicago is $10,648 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
Read full report on Psychology at University of Illinois at Chicago
University of Wisconsin - Green Bay landed the #17 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. University of Wisconsin - Green Bay is a medium-sized public school situated in Green Bay, Wisconsin. It awarded 149 bachelors’s psychology degrees in 2019-2020.
The yearly cost to attend UW - Green Bay is $11,337 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k.
With a ranking of #18, University of Wisconsin - Stevens Point did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. UW - Stevens Point is a public institution located in Stevens Point, Wisconsin. The school has a medium-sized population, and it awarded 94 bachelors’s degrees in 2019-2020.
The estimated yearly cost for University of Wisconsin - Stevens Point is $11,446 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k.
Full University of Wisconsin - Stevens Point Psychology Report
University of Wisconsin - Parkside came in at #19 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. UW - Parkside is a small school located in Kenosha, Wisconsin that handed out 94 bachelors’s psychology degrees in 2019-2020.
It costs about $6,652 for great lakes region bachelor’s degree psychology students whose families make $0-$30k per year to attend UW - Parkside.
University of Wisconsin - Eau Claire landed the #20 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Located in Eau Claire, Wisconsin, this fairly large public school handed out 135 diplomas to qualified bachelors’s psychology students in 2019-2020.
UW - Eau Claire excels when it comes to psychology quality. It’s in the top 20% of all schools in this category. The estimated yearly cost for UW - Eau Claire is $11,528 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k.
Read more about Psychology at University of Wisconsin - Eau Claire
With a ranking of #20, Ball State University did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Muncie, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s psychology degrees to 145 students in 2019-2020.
The yearly cost to attend Ball State is $8,403 for great lakes region bachelor’s degree psychology students whose families make $0-$30k.
With a ranking of #22, Southern Illinois University Edwardsville did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Southern Illinois University Edwardsville is a fairly large public school situated in Edwardsville, Illinois. It awarded 184 bachelors’s psychology degrees in 2019-2020.
It costs about $8,055 for great lakes region bachelor’s degree psychology students whose families make $0-$30k per year to attend Southern Illinois University Edwardsville.
University of Wisconsin - Platteville ranked #23 on this year’s Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. UW - Platteville is a public institution located in Platteville, Wisconsin. The school has a medium-sized population, and it awarded 40 bachelors’s degrees in 2019-2020.
It costs about $12,117 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k per year to attend UW - Platteville.
Beloit College landed the #24 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Beloit is located in Beloit, Wisconsin and, has a small student population. In 2019-2020, this school awarded 39 bachelors’s psychology degrees to qualified students.
It costs about $8,574 for great lakes region bachelor’s degree psychology students whose families make $0-$30k per year to attend Beloit.
Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The school has an impressive student loan default rate. It’s only 1.9%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Ferris State University came in at #25 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. This fairly large school is located in Big Rapids, Michigan, and it awarded 36 bachelors’s psychology degrees in 2019-2020.
The estimated yearly cost for Ferris is $7,207 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $0-$30k.
Rest of the Best 28 in Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k
Not only did these schools make the top 28 list, but they also landed in the top 15% of this year’s ranking:
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
Credits
- Credit for the banner image above goes to Nevit Dilmen.
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