2022 Best Value Psychology Schools in Michigan For Those Making $0-$30k
Students have lots of options to chooose from today when trying to decide which college to attend. 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 Psychology Schools in Michigan For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
Psychology is one of the most popular majors in the nation, ranking 7th of all the majors we analyze. In 2019-2020, 183,889 degrees were awarded to students with this major. 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 Michigan, there were 4,327 psychology graduates with average earnings and debt of $31,269 and $30,765 respectively.
This year’s “Best Value Psychology Schools in Michigan For Those Making $0-$30k” ranking analyzed 30 colleges that offered 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.
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.
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Best Value Psychology Schools in Michigan For Those Making $0-$30k
The following schools top our list of the Best Best Value Psychology Schools in Michigan For Those Making $0-$30k.
Top 25 Best Value Colleges for Psychology (Income $0-$30k) in Michigan
You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #1 for the Best Value Psychology Schools in Michigan For Those Making $0-$30k. U-M is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 803 ’s degrees in 2019-2020.
U-M not only placed well in this ranking. It is also #1 on our “Best Psychology Schools in Michigan” list. The estimated yearly cost for U-M is $3,166 for michigan psychology students whose families make $0-$30k.
With a freshman retention rate of 96%, the school does an excellent job of retaining its students. 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%.
You’ll join some of the best and brightest minds around if you attend Michigan State University. The school came in at #2 for the Best Value Psychology Schools in Michigan For Those Making $0-$30k. Located in East Lansing, Michigan, this large public school awarded 457 diplomas to qualified ’s psychology students in 2019-2020.
Michigan State also took the #2 spot in our “Best Psychology Schools in Michigan” ranking. The estimated yearly cost for Michigan State is $6,686 for michigan 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.
You’ll join some of the best and brightest minds around if you attend Lansing Community College. The school came in at #3 for the Best Value Psychology Schools in Michigan For Those Making $0-$30k. LCC is a fairly large school located in Lansing, Michigan that handed out 35 ’s psychology degrees in 2019-2020.
LCC not only placed well in this ranking. It is also #14 on our “Best Psychology Schools in Michigan” list. It costs about $4,494 for michigan psychology students whose families make $0-$30k per year to attend LCC.
Out of the 30 schools in the Best Value Psychology Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Ferris State University landed the #4 spot on the list. Located in Big Rapids, Michigan, this fairly large public school awarded 44 degrees to qualified ’s psychology students in 2019-2020.
In addition to being on our michigan psychology students whose families make $0-$30k list, Ferris has also earned the #17 rank in our “Best Psychology Schools in Michigan” ranking. The estimated yearly cost for Ferris State University is $7,207 for michigan psychology students whose families make $0-$30k.
Out of the 30 schools in the Best Value Psychology Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Grand Valley State University landed the #5 spot on the list. Located in Allendale, Michigan, this large public school awarded 294 degrees to qualified ’s psychology students in 2019-2020.
In addition to being on our michigan psychology students whose families make $0-$30k list, GVSU has also earned the #3 rank in our “Best Psychology Schools in Michigan” ranking. The yearly cost to attend GVSU is $11,578 for Michigan Psychology students whose families make $0-$30k.
The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Psychology at Grand Valley State University
University of Michigan - Dearborn landed the #6 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $0-$30k ranking. Located in Dearborn, Michigan, this medium-sized public school handed out 157 degrees to qualified ’s psychology students in 2019-2020.
UM Dearborn not only placed well in this ranking. It is also #13 on our “Best Psychology Schools in Michigan” list. The estimated yearly cost for UM Dearborn is $6,751 for michigan psychology students whose families make $0-$30k.
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%.
Read full report on Psychology at University of Michigan - Dearborn
With a ranking of #7, Oakland University did quite well on the 2022 Best Value Psychology Schools in Michigan For Those Making $0-$30k list. Oakland University is located in Rochester Hills, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 175 ’s psychology degrees to qualified students.
Oakland did well in our major quality rankings, too. It placed #15 on our “Best Psychology Schools in Michigan” list. The yearly cost to attend Oakland is $7,490 for Michigan Psychology students whose families make $0-$30k.
Lake Superior State University ranked #8 on this year’s Best Value Psychology Schools in Michigan For Those Making $0-$30k list. Lake Superior State University is a small school located in Sault Ste Marie, Michigan that handed out 14 ’s psychology degrees in 2019-2020.
Lake Superior State University did well in our major quality rankings, too. It placed #19 on our “Best Psychology Schools in Michigan” list. It costs about $7,067 for michigan psychology students whose families make $0-$30k per year to attend Lake Superior State University.
Read more about Psychology at Lake Superior State University
Central Michigan University ranked #9 on this year’s Best Value Psychology Schools in Michigan For Those Making $0-$30k list. Central Michigan is a fairly large school located in Mount Pleasant, Michigan that handed out 365 ’s psychology degrees in 2019-2020.
Central Michigan not only placed well in this ranking. It is also #7 on our “Best Psychology Schools in Michigan” list. It costs about $11,598 for michigan psychology students whose families make $0-$30k per year to attend Central Michigan.
Albion College landed the #10 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $0-$30k ranking. Albion, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 35 students in 2019-2020.
In addition to being on our michigan psychology students whose families make $0-$30k list, Albion has also earned the #16 rank in our “Best Psychology Schools in Michigan” ranking. It costs about $12,032 for michigan psychology students whose families make $0-$30k per year to attend Albion.
With a ranking of #11, Wayne State University did quite well on the 2022 Best Value Psychology Schools in Michigan For Those Making $0-$30k list. This large school is located in Detroit, Michigan, and it awarded 431 ’s psychology degrees in 2019-2020.
Wayne State also made our “Best Psychology Schools in Michigan” list, coming in at #12. It costs about $11,413 for Michigan Psychology students whose families make $0-$30k per year to attend Wayne State University.
University of Michigan - Flint came in at #12 in this year’s edition of the Best Value Psychology Schools in Michigan For Those Making $0-$30k ranking. This medium-sized school is located in Flint, Michigan, and it awarded 93 ’s psychology degrees in 2019-2020.
The yearly cost to attend UM Flint is $7,955 for michigan psychology students whose families make $0-$30k.
Read full report on Psychology at University of Michigan - Flint
University of Detroit Mercy did quite well in the 2022 Best Value Psychology Schools in Michigan For Those Making $0-$30k ranking, coming in at #13. University of Detroit Mercy is a small private not-for-profit school situated in Detroit, Michigan. It awarded 76 ’s psychology degrees in 2019-2020.
Detroit Mercy did well in our major quality rankings, too. It placed #9 on our “Best Psychology Schools in Michigan” list. The yearly cost to attend University of Detroit Mercy is $13,879 for michigan psychology students whose families make $0-$30k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The low student loan default rate of 3.5% 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%.
With a ranking of #14, Western Michigan University did quite well on the 2022 Best Value Psychology Schools in Michigan For Those Making $0-$30k list. WMU is a public institution located in Kalamazoo, Michigan. The school has a fairly large population, and it awarded 270 ’s degrees in 2019-2020.
As a testament to the quality of education offered at WMU, the school also landed the #11 spot in our “Best Psychology Schools in Michigan” ranking. The estimated yearly cost for Western Michigan University is $13,021 for Michigan Psychology students whose families make $0-$30k.
Northern Michigan University landed the #15 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $0-$30k ranking. Northern Michigan University is a medium-sized school located in Marquette, Michigan that handed out 72 ’s psychology degrees in 2019-2020.
The estimated yearly cost for Northern Michigan University is $9,137 for michigan psychology students whose families make $0-$30k.
Eastern Michigan University did quite well in the 2022 Best Value Psychology Schools in Michigan For Those Making $0-$30k ranking, coming in at #16. Eastern Michigan is a fairly large public school situated in Ypsilanti, Michigan. It awarded 237 ’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at Eastern Michigan, the school also landed the #18 spot in our “Best Psychology Schools in Michigan” ranking. It costs about $13,904 for Michigan Psychology students whose families make $0-$30k per year to attend Eastern Michigan.
Saginaw Valley State University came in at #17 in this year’s edition of the Best Value Psychology Schools in Michigan For Those Making $0-$30k ranking. Saginaw Valley State University is a public institution located in University Center, Michigan. The school has a medium-sized population, and it awarded 58 ’s degrees in 2019-2020.
It costs about $10,522 for michigan psychology students whose families make $0-$30k per year to attend Saginaw Valley State University.
Read full report on Psychology at Saginaw Valley State University
Aquinas College Michigan landed the #18 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $0-$30k ranking. Aquinas College Michigan is a small school located in Grand Rapids, Michigan that handed out 21 ’s psychology degrees in 2019-2020.
Aquinas College Michigan also took the #21 spot in our “Best Psychology Schools in Michigan” ranking. It costs about $13,510 for Michigan Psychology students whose families make $0-$30k per year to attend Aquinas College Michigan.
Hope College did quite well in the 2022 Best Value Psychology Schools in Michigan For Those Making $0-$30k ranking, coming in at #19. Holland, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 87 students in 2019-2020.
As a testament to the quality of education offered at Hope, the school also landed the #5 spot in our “Best Psychology Schools in Michigan” ranking. The yearly cost to attend Hope College is $16,113 for michigan psychology students whose families make $0-$30k.
The low student loan default rate of 2.1% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
Kalamazoo College did quite well in the 2022 Best Value Psychology Schools in Michigan For Those Making $0-$30k ranking, coming in at #20. This small school is located in Kalamazoo, Michigan, and it awarded 42 ’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at K College, the school also landed the #6 spot in our “Best Psychology Schools in Michigan” ranking. It costs about $13,393 for Michigan Psychology students whose families make $0-$30k per year to attend K College.
The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #21, Baker College did quite well on the 2022 Best Value Psychology Schools in Michigan For Those Making $0-$30k list. Baker College is a medium-sized school located in Owosso, Michigan that handed out 38 ’s psychology degrees in 2019-2020.
It costs about $13,376 for Michigan Psychology students whose families make $0-$30k per year to attend Baker College.
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.
Alma College came in at #22 in this year’s edition of the Best Value Psychology Schools in Michigan For Those Making $0-$30k ranking. Alma College is a small private not-for-profit school situated in Alma, Michigan. It awarded 23 ’s psychology degrees in 2019-2020.
In addition to being on our michigan psychology students whose families make $0-$30k list, Alma has also earned the #10 rank in our “Best Psychology Schools in Michigan” ranking. The yearly cost to attend Alma is $18,060 for michigan psychology students whose families make $0-$30k.
Madonna University ranked #23 on this year’s Best Value Psychology Schools in Michigan For Those Making $0-$30k list. Located in Livonia, Michigan, this small private not-for-profit school handed out 18 diplomas to qualified ’s psychology students in 2019-2020.
The yearly cost to attend Madonna is $13,455 for Michigan Psychology students whose families make $0-$30k.
Calvin University ranked #24 on this year’s Best Value Psychology Schools in Michigan For Those Making $0-$30k list. Grand Rapids, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 48 students in 2019-2020.
Calvin also took the #4 spot in our “Best Psychology Schools in Michigan” ranking. The estimated yearly cost for Calvin is $21,344 for Michigan Psychology students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The low student loan default rate of 1.6% 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%.
Spring Arbor University ranked #25 on this year’s Best Value Psychology Schools in Michigan For Those Making $0-$30k list. Spring Arbor is located in Spring Arbor, Michigan and, has a small student population. In 2019-2020, this school awarded 58 ’s psychology degrees to qualified students.
In addition to being on our michigan psychology students whose families make $0-$30k list, Spring Arbor has also earned the #25 rank in our “Best Psychology Schools in Michigan” ranking. The yearly cost to attend Spring Arbor is $14,962 for Michigan Psychology students whose families make $0-$30k.
- Best Value Colleges for Psychology (Income $0-$30k) in the Great Lakes Region
- Best Value Colleges for Psychology (Income $0-$30k)
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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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