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2022 Best Value Bachelor’s Degree Colleges for Psychology (Income $0-$30k) in Indiana

33 Ranked Colleges
2,492 Degrees Awarded
$10,600 Avg Net Price*
Best Value Psychology Schools for a Bachelor's 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. College Factual has developed its “Best Value Psychology Schools for a Bachelor’s in Indiana 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 Indiana, there were 3,157 psychology graduates with average earnings and debt of $30,743 and $30,757 respectively. At the bachelor’s degree level specifically, there were 2,492 psychology graduates with average earnings and debt of $39,620 and $24,786 respectively.

This year’s “Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking looked at 33 colleges that offer degrees in a bachelor’s in psychology. The schools that top this list are recognized because they have great psychology programs and cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the psychology program at the school. Check out our ranking methodology for more information.

More Ways to Rank Psychology Schools

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 Indiana For Those Making $0-$30k” list to help you make the college decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k

The following schools top our list of the Best Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k.

Top 25 Best Value Bachelor’s Degree Colleges for Psychology (Income $0-$30k) in Indiana

#1

University of Notre Dame

Notre Dame, Indiana
#1 in overall quality

Out of the 33 schools in the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k that were part of this year’s ranking, University of Notre Dame landed the #1 spot on the list. This fairly large school is located in Notre Dame, Indiana, and it awarded 84 bachelors’s psychology degrees in 2019-2020.

Notre Dame also made our “Best Psychology Bachelor’s Degree Schools in Indiana” list, coming in at #1. The estimated yearly cost for University of Notre Dame is $12,498 for indiana bachelor’s degree psychology students whose families make $0-$30k.

With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low student loan default rate of 0.7% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Read full report on Psychology at Notre Dame

#2

Indiana University - Bloomington

Bloomington, Indiana
#2 in overall quality

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #2 on our 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. This large school is located in Bloomington, Indiana, and it awarded 293 bachelors’s psychology degrees in 2019-2020.

IU Bloomington not only placed well in this ranking. It is also #2 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend IU Bloomington is $4,969 for indiana bachelor’s degree psychology students whose families make $0-$30k.

The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The low student loan default rate of 4.3% 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 more about Psychology at IU Bloomington

#3

Purdue University - Main Campus

West Lafayette, Indiana
#3 in overall quality

You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #3 on our 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s psychology degrees to 219 students in 2019-2020.

Purdue also took the #3 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Purdue University - Main Campus is $5,483 for indiana 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 93%. The low student loan default rate of 2.2% 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 more about Psychology at Purdue

You’ll be in good company if you decide to attend Indiana University - Northwest. It ranked #4 on our 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Indiana University - Northwest is a small public school situated in Gary, Indiana. It awarded 41 bachelors’s psychology degrees in 2019-2020.

The estimated yearly cost for IU Northwest is $3,287 for indiana bachelor’s degree psychology students whose families make $0-$30k.

Read full report on Psychology at Indiana University - Northwest

#5 in overall quality

You’ll join some of the best and brightest minds around if you attend Indiana University - Purdue University - Indianapolis. The school came in at #5 for the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k. This large school is located in Indianapolis, Indiana, and it awarded 228 bachelors’s psychology degrees in 2019-2020.

IUPUI also took the #5 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Indiana University - Purdue University - Indianapolis is $5,052 for Indiana Bachelor’s Degree Psychology students whose families make $0-$30k.

Read more about Psychology at Indiana University - Purdue University - Indianapolis

#6

Ball State University

Muncie, Indiana
#8 in overall quality

Ball State University ranked #6 on this year’s Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Ball State is a large public school situated in Muncie, Indiana. It awarded 145 bachelors’s psychology degrees in 2019-2020.

Ball State not only placed well in this ranking. It is also #8 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend Ball State is $8,403 for Indiana Bachelor’s Degree Psychology students whose families make $0-$30k.

Read full report on Psychology at Ball State University

#7

Purdue University Northwest

Hammond, Indiana
#18 in overall quality

Purdue University Northwest came in at #7 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking. Purdue Northwest is a public institution located in Hammond, Indiana. The school has a medium-sized population, and it awarded 56 bachelors’s degrees in 2019-2020.

Purdue Northwest did well in our major quality rankings, too. It placed #18 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Purdue University Northwest is $6,911 for Indiana Bachelor’s Degree Psychology students whose families make $0-$30k.

Read full report on Psychology at Purdue University Northwest

With a ranking of #8, Indiana University - Kokomo did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. This small school is located in Kokomo, Indiana, and it awarded 22 bachelors’s psychology degrees in 2019-2020.

The yearly cost to attend Indiana University - Kokomo is $4,360 for indiana bachelor’s degree psychology students whose families make $0-$30k.

Read full report on Psychology at IU Kokomo

#9

Indiana University - South Bend

South Bend, Indiana

Indiana University - South Bend did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking, coming in at #9. Indiana University - South Bend is a public institution located in South Bend, Indiana. The school has a small population, and it awarded 28 bachelors’s degrees in 2019-2020.

The yearly cost to attend Indiana University - South Bend is $4,641 for indiana bachelor’s degree psychology students whose families make $0-$30k.

Full Indiana University - South Bend Psychology Report

#10

University of Southern Indiana

Evansville, Indiana
#15 in overall quality

With a ranking of #10, University of Southern Indiana did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Located in Evansville, Indiana, this fairly large public school handed out 110 diplomas to qualified bachelors’s psychology students in 2019-2020.

USI not only placed well in this ranking. It is also #15 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend USI is $8,244 for Indiana Bachelor’s Degree Psychology students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 5.0%, which is much lower than the national rate of 10.1%.

Read full report on Psychology at University of Southern Indiana

#11

Indiana University - East

Richmond, Indiana

Indiana University - East came in at #11 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking. Indiana University - East is a small public school situated in Richmond, Indiana. It awarded 104 bachelors’s psychology degrees in 2019-2020.

The estimated yearly cost for IU East is $3,622 for Indiana Bachelor’s Degree Psychology students whose families make $0-$30k.

Full IU East Psychology Report

#12

Indiana University - Southeast

New Albany, Indiana
#17 in overall quality

Indiana University - Southeast ranked #12 on this year’s Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Located in New Albany, Indiana, this small public school handed out 84 diplomas to qualified bachelors’s psychology students in 2019-2020.

Indiana University - Southeast also made our “Best Psychology Bachelor’s Degree Schools in Indiana” list, coming in at #17. It costs about $6,697 for Indiana Bachelor’s Degree Psychology students whose families make $0-$30k per year to attend Indiana University - Southeast.

Read more about Psychology at Indiana University - Southeast

#13

Purdue University Fort Wayne

Fort Wayne, Indiana

Purdue University Fort Wayne did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking, coming in at #13. Fort Wayne, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s psychology degrees to 64 students in 2019-2020.

The estimated yearly cost for PFW is $7,129 for Indiana Bachelor’s Degree Psychology students whose families make $0-$30k.

Read more about Psychology at Purdue University Fort Wayne

#14

Saint Mary's College

Notre Dame, Indiana
#7 in overall quality

Saint Mary’s College landed the #14 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking. Notre Dame, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s psychology degrees to 32 students in 2019-2020.

As a testament to the quality of education offered at St. Mary’s College, the school also landed the #7 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend St. Mary’s College is $13,637 for indiana 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 85%. The low student loan default rate of 3.1% 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 impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read more about Psychology at Saint Mary’s College

#15

Indiana State University

Terre Haute, Indiana
#19 in overall quality

With a ranking of #15, Indiana State University did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Terre Haute, Indiana is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s psychology degrees to 119 students in 2019-2020.

In addition to being on our indiana bachelor’s degree psychology students whose families make $0-$30k list, Indiana State has also earned the #19 rank in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Indiana State University is $9,422 for indiana bachelor’s degree psychology students whose families make $0-$30k.

Full Indiana State University Psychology Report

#16

Hanover College

Hanover, Indiana
#16 in overall quality

Hanover College landed the #16 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking. Hanover, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s psychology degrees to 19 students in 2019-2020.

Hanover did well in our major quality rankings, too. It placed #16 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend Hanover is $16,539 for indiana bachelor’s degree psychology students whose families make $0-$30k.

The low student loan default rate of 4.3% 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 more about Psychology at Hanover College

#17

University of Indianapolis

Indianapolis, Indiana
#11 in overall quality

University of Indianapolis landed the #17 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking. UIndy is a private not-for-profit institution located in Indianapolis, Indiana. The school has a medium-sized population, and it awarded 82 bachelors’s degrees in 2019-2020.

UIndy not only placed well in this ranking. It is also #11 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend University of Indianapolis is $16,185 for Indiana Bachelor’s Degree Psychology students whose families make $0-$30k.

Read more about Psychology at University of Indianapolis

#18

Taylor University

Upland, Indiana
#4 in overall quality

With a ranking of #18, Taylor University did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. This small school is located in Upland, Indiana, and it awarded 20 bachelors’s psychology degrees in 2019-2020.

Taylor U also took the #4 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Taylor University is $18,399 for indiana bachelor’s degree psychology students whose families make $0-$30k.

With a freshman retention rate of 89%, the school does an excellent job of retaining its students. The student loan default rate at the school is 1.9%, which is quite low when compared to the national default rate of 10.1%.

Read more about Psychology at Taylor University

#19

Franklin College

Franklin, Indiana
#22 in overall quality

Franklin College landed the #19 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking. Franklin College of Indiana is a small school located in Franklin, Indiana that handed out 12 bachelors’s psychology degrees in 2019-2020.

Franklin College of Indiana also took the #22 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. It costs about $15,541 for indiana bachelor’s degree psychology students whose families make $0-$30k per year to attend Franklin College of Indiana.

Read full report on Psychology at Franklin College

#20

Marian University

Indianapolis, Indiana

With a ranking of #20, Marian University did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. This small school is located in Indianapolis, Indiana, and it awarded 13 bachelors’s psychology degrees in 2019-2020.

The yearly cost to attend Marian University is $14,053 for Indiana Bachelor’s Degree Psychology students whose families make $0-$30k.

Full Marian University Psychology Report

#21

Holy Cross College

Notre Dame, Indiana
#13 in overall quality

Holy Cross College landed the #21 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking. Notre Dame, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s psychology degrees to 19 students in 2019-2020.

Holy Cross College not only placed well in this ranking. It is also #13 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Holy Cross College is $17,144 for Indiana Bachelor’s Degree Psychology students whose families make $0-$30k.

Read more about Psychology at Holy Cross College

#22

Manchester University

North Manchester, Indiana
#23 in overall quality

Manchester University ranked #22 on this year’s Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. This small school is located in North Manchester, Indiana, and it awarded 16 bachelors’s psychology degrees in 2019-2020.

As a testament to the quality of education offered at Manchester University, the school also landed the #23 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. It costs about $12,712 for Indiana Bachelor’s Degree Psychology students whose families make $0-$30k per year to attend Manchester University.

Full Manchester University Psychology Report

Grace College and Theological Seminary did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking, coming in at #23. Grace College is a private not-for-profit institution located in Winona Lake, Indiana. The school has a small population, and it awarded 57 bachelors’s degrees in 2019-2020.

It costs about $17,874 for indiana bachelor’s degree psychology students whose families make $0-$30k per year to attend Grace College.

The low student loan default rate of 4.5% 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%.

Full Grace College Psychology Report

#24

University of Evansville

Evansville, Indiana
#10 in overall quality

University of Evansville came in at #24 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking. University of Evansville is located in Evansville, Indiana and, has a small student population. In 2019-2020, this school awarded 22 bachelors’s psychology degrees to qualified students.

UE not only placed well in this ranking. It is also #10 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend UE is $15,212 for indiana bachelor’s degree psychology students whose families make $0-$30k.

The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 3.3% 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 87%, the school does an excellent job of retaining its students.

Full University of Evansville Psychology Report

#25

Earlham College

Richmond, Indiana
#24 in overall quality

Earlham College came in at #25 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking. Located in Richmond, Indiana, this small private not-for-profit school handed out 12 degrees to qualified bachelors’s psychology students in 2019-2020.

Earlham not only placed well in this ranking. It is also #24 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend Earlham College is $16,184 for Indiana Bachelor’s Degree Psychology students whose families make $0-$30k.

With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Full Earlham College Psychology Report

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.

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