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2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k

83 Ranked Colleges
3,703 Degrees Awarded
$27,300 Avg Grad Tuition & Fees*
Best Value Psychology Schools for a Master's in the Great Lakes Region For Those Making $48-$75k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” ranking is part of that endeavor.

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 master’s degree level specifically, there were 3,703 psychology graduates with average earnings and debt of $57,039 and $42,488 respectively.

This year’s “Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” ranking looked at 83 colleges that offer degrees in a bachelor’s in psychology. Not only do the schools that top this list have excellent psychology programs, but they also cost less that schools of similar quality.

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

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” list, to help you choose the best school for you.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k

The following schools top our list of the Best Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k.

Top 25 Best Value Master’s Degree Colleges for Psychology (Income $48-$75k) in the Great Lakes Region

#1

Northwestern University

Evanston, Illinois
#1 in overall quality

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 Master’s in the Great Lakes Region For Those Making $48-$75k list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 195 masters’s psychology degrees to qualified students.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Psychology Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.

Full Northwestern Psychology Report

#2

University of Chicago

Chicago, Illinois
#2 in overall quality

Out of the 83 schools in the Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s psychology degrees to 12 students in 2019-2020.

UChicago not only placed well in this ranking. It is also #2 on our “Best Psychology Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UChicago are $61,548, but some majors have different tuition rates.

Read full report on Psychology at University of Chicago

#3

University of Notre Dame

Notre Dame, Indiana

You’ll be in good company if you decide to attend University of Notre Dame. It ranked #3 on our 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. University of Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 8 masters’s psychology degrees in 2019-2020.

Notre Dame did well in our major quality rankings, too. It placed #0 on our “Best Psychology Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Notre Dame are $57,522.

Read more about Psychology at Notre Dame

#3 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #4 for the Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k. University of Michigan - Ann Arbor is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 46 masters’s degrees in 2019-2020.

U-M also made our “Best Psychology Master’s Degree Schools in the Great Lakes Region” list, coming in at #3. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but some majors have different tuition rates.

Read full report on Psychology at University of Michigan - Ann Arbor

#6 in overall quality

You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #5 on our 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. University of Wisconsin - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 58 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at UW - Madison, the school also landed the #6 spot in our “Best Psychology Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UW - Madison are $25,523.

Read full report on Psychology at University of Wisconsin - Madison

#6

Purdue University - Main Campus

West Lafayette, Indiana

Purdue University - Main Campus did quite well in the 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #6. Purdue University - Main Campus is a large school located in West Lafayette, Indiana that handed out 7 masters’s psychology degrees in 2019-2020.

Purdue not only placed well in this ranking. It is also #0 on our “Best Psychology Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Purdue are $28,794, but you may pay more or less depending on your major.

Read more about Psychology at Purdue

#7

Franklin University

Columbus, Ohio

With a ranking of #7, Franklin University did quite well on the 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Columbus, Ohio is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s psychology degrees to 63 students in 2019-2020.

Average graduate tuition and fees at Franklin University are $16,080, but you may pay more or less depending on your major.

Read full report on Psychology at Franklin University

University of Wisconsin - La Crosse came in at #8 in this year’s edition of the Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. University of Wisconsin - La Crosse is located in La Crosse, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 24 masters’s psychology degrees to qualified students.

Average graduate tuition and fees at UW - La Crosse are $20,038, but you may pay more or less depending on your major.

Read full report on Psychology at UW - La Crosse

#13 in overall quality

With a ranking of #9, University of Illinois at Urbana-Champaign did quite well on the 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. University of Illinois at Urbana-Champaign is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 29 masters’s psychology degrees to qualified students.

UIUC also took the #13 spot in our “Best Psychology Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but some majors have different tuition rates.

Read full report on Psychology at UIUC

#10

Indiana University - Bloomington

Bloomington, Indiana
#15 in overall quality

With a ranking of #10, Indiana University - Bloomington did quite well on the 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. This large school is located in Bloomington, Indiana, and it awarded 26 masters’s psychology degrees in 2019-2020.

IU Bloomington also took the #15 spot in our “Best Psychology Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana University - Bloomington are $33,338, but you may pay more or less depending on your major.

Read full report on Psychology at Indiana University - Bloomington

#21 in overall quality

Ohio State University - Main Campus ranked #11 on this year’s Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Ohio State is located in Columbus, Ohio and, has a large student population. In 2019-2020, this school awarded 22 masters’s psychology degrees to qualified students.

Ohio State also took the #21 spot in our “Best Psychology Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ohio State are $37,141, but some majors have different tuition rates.

Read more about Psychology at Ohio State

#12

University of Wisconsin - Whitewater

Whitewater, Wisconsin

University of Wisconsin - Whitewater came in at #12 in this year’s edition of the Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Whitewater, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out masters’s psychology degrees to 24 students in 2019-2020.

Average graduate tuition and fees at UW - Whitewater are $19,200, but some majors have different tuition rates.

Read more about Psychology at UW - Whitewater

#13

University of Wisconsin - River Falls

River Falls, Wisconsin

University of Wisconsin - River Falls did quite well in the 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #13. University of Wisconsin - River Falls is a public institution located in River Falls, Wisconsin. The school has a medium-sized population, and it awarded 29 masters’s degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at UW - River Falls are $18,233.

Read more about Psychology at University of Wisconsin - River Falls

#17 in overall quality

University of Illinois at Chicago came in at #14 in this year’s edition of the Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. UIC is a large public school situated in Chicago, Illinois. It awarded 13 masters’s psychology degrees in 2019-2020.

UIC not only placed well in this ranking. It is also #17 on our “Best Psychology Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Illinois at Chicago are $27,036.

Read more about Psychology at UIC

#15

University of Wisconsin - Stout

Menomonie, Wisconsin

University of Wisconsin - Stout ranked #15 on this year’s Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. University of Wisconsin - Stout is a public institution located in Menomonie, Wisconsin. The school has a medium-sized population, and it awarded 43 masters’s degrees in 2019-2020.

Average graduate tuition and fees at University of Wisconsin - Stout are $16,851, but you may pay more or less depending on your major.

Read full report on Psychology at University of Wisconsin - Stout

#16

Oakland University

Rochester Hills, Michigan

Oakland University ranked #16 on this year’s Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Oakland University is a fairly large school located in Rochester Hills, Michigan that handed out 17 masters’s psychology degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Oakland are $24,648.

Full Oakland Psychology Report

#17

Aurora University

Aurora, Illinois

With a ranking of #17, Aurora University did quite well on the 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Aurora University is located in Aurora, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 11 masters’s psychology degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Aurora University are $13,200.

Read more about Psychology at Aurora University

Indiana University - Purdue University - Indianapolis landed the #18 spot on the 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Indiana University - Purdue University - Indianapolis is a public institution located in Indianapolis, Indiana. The school has a large population, and it awarded 8 masters’s degrees in 2019-2020.

IUPUI also made our “Best Psychology Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. Average graduate tuition and fees at Indiana University - Purdue University - Indianapolis are $26,013, but some majors have different tuition rates.

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

University of Michigan - Dearborn came in at #19 in this year’s edition of the Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. University of Michigan - Dearborn is a public institution located in Dearborn, Michigan. The school has a medium-sized population, and it awarded 19 masters’s degrees in 2019-2020.

Average graduate tuition and fees at University of Michigan - Dearborn are $25,072, but you may pay more or less depending on your major.

Read full report on Psychology at University of Michigan - Dearborn

Southern Illinois University Edwardsville did quite well in the 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #20. Located in Edwardsville, Illinois, this fairly large public school awarded 29 degrees to qualified masters’s psychology students in 2019-2020.

Average graduate tuition and fees at SIUE are $9,300, but some majors have different tuition rates.

Read full report on Psychology at Southern Illinois University Edwardsville

#21

Northern Illinois University

Dekalb, Illinois

Northern Illinois University came in at #21 in this year’s edition of the Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out masters’s psychology degrees to 19 students in 2019-2020.

Average graduate tuition and fees at Northern Illinois University are $11,086, but you may pay more or less depending on your major.

Read full report on Psychology at NIU

#21

Eastern Illinois University

Charleston, Illinois

Eastern Illinois University did quite well in the 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #21. Eastern Illinois University is located in Charleston, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 14 masters’s psychology degrees to qualified students.

Average graduate tuition and fees at EIU are $20,761, but some majors have different tuition rates.

Full EIU Psychology Report

#23

University of Illinois at Springfield

Springfield, Illinois

University of Illinois at Springfield landed the #23 spot on the 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. This small school is located in Springfield, Illinois, and it awarded 21 masters’s psychology degrees in 2019-2020.

Average graduate tuition and fees at University of Illinois at Springfield are $16,757, but you may pay more or less depending on your major.

Read more about Psychology at UIS

#24

University of Wisconsin - Eau Claire

Eau Claire, Wisconsin

With a ranking of #24, University of Wisconsin - Eau Claire did quite well on the 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Eau Claire, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out masters’s psychology degrees to 15 students in 2019-2020.

Average graduate tuition and fees at University of Wisconsin - Eau Claire are $19,430, but some majors have different tuition rates.

Read full report on Psychology at University of Wisconsin - Eau Claire

#25

Governors State University

University Park, Illinois

With a ranking of #25, Governors State University did quite well on the 2022 Best Value Psychology Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Located in University Park, Illinois, this small public school awarded 78 diplomas to qualified masters’s psychology students in 2019-2020.

Average graduate tuition and fees at GSU are $14,674, but you may pay more or less depending on your major.

Read more about Psychology at GSU

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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.

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