2027 Best Value Psychology Schools in Indiana
[Psychology](/majors/psychology/) is a field worth comparing on the balance of cost and outcomes. A high-value program keeps cost low while graduates go on to earn well.
For its 2027 best-value ranking, College Factual looked at 39 schools to find the best return on investment for psychology students.
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2027 Best Value Psychology Schools in Indiana
Below are the schools that deliver the strongest value in psychology, balancing cost against outcomes.
Best Value Psychology Schools
Ivy Tech Community College earned the #1 spot for value among psychology schools in Indiana. Located in the city of Indianapolis, Ivy Tech Community College is a very large public university. Students from in state pay about $5,154 in tuition and fees, compared with $9,935 for out-of-state students. Psychology graduates carry a median of $10,239 in student loans. Soon after graduation, psychology degree recipients from Ivy Tech Community College generally make around $26,688. Set against $10,239 in median debt, that is a healthy payoff.
Indiana University Kokomo came in at #2 on our 2027 list of the best value psychology schools. Located in the city of Kokomo, Indiana University Kokomo is a moderately-sized public university. Students from in state pay about $8,424 in tuition and fees, with out-of-state students paying around $22,811. Students borrow a median of $23,531 to complete the psychology program here. Early-career psychology graduates make about $32,826. Weighed against typical debt, the earnings make a compelling case for value. Roughly 86% of applicants are accepted.
Purdue University Global came in at #3 on our 2027 list of the best value psychology schools. Located in the city of West Lafayette, Purdue University Global is a very large public university. In-state tuition and fees average $10,101, while out-of-state students pay about $14,412. Psychology graduates carry a median of $42,489 in student loans. Soon after graduation, psychology degree recipients from Purdue University Global generally make around $39,572. Set against $42,489 in median debt, that is a healthy payoff.
Indiana University Purdue University Indianapolis is a great value for students pursuing a degree in psychology, landing the #4 spot this year. Set in the city of Indianapolis, Indiana University Purdue University Indianapolis is a very large public institution. Students from in state pay about $10,762 in tuition and fees, while out-of-state students pay about $34,891. Psychology graduates carry a median of $22,439 in student loans. Soon after graduation, psychology degree recipients from Indiana University Purdue University Indianapolis generally make around $34,432. That is a strong return on a $22,439 median debt. The acceptance rate is 76%.
A rank of #5 makes Purdue University Northwest one of the best values for psychology. Purdue University Northwest is a large public school located in the suburb of Hammond. Expect in-state tuition and fees of around $8,357, compared with $15,504 for out-of-state students. Typical student debt for psychology graduates is $23,929. Early-career psychology graduates make about $27,436. Set against $23,929 in median debt, that is a healthy payoff. Roughly 72% of applicants are accepted.
Indiana University Southeast placed #6 among the best values for psychology. Located in the suburb of New Albany, Indiana University Southeast is a moderately-sized public university. In-state tuition and fees average $8,424, while out-of-state students pay about $22,811. Psychology graduates carry a median of $21,988 in student loans. Early-career psychology graduates make about $33,438. That is a strong return on a $21,988 median debt. Indiana University Southeast admits about 84% of applicants.
Purdue University Main Campus landed the #7 spot for psychology value this year. Purdue University Main Campus is a very large public school located in the city of West Lafayette. Expect in-state tuition and fees of around $9,992, while out-of-state students pay about $28,794. Students borrow a median of $19,500 to complete the psychology program here. Psychology graduates of Purdue University Main Campus earn a median of $31,172 early in their careers. That is a strong return on a $19,500 median debt. Roughly 50% of applicants are accepted.
University Of Southern Indiana came in at #8 for value in psychology this year. Set in the suburb of Evansville, University Of Southern Indiana is a large public institution. Students from in state pay about $10,066 in tuition and fees, while out-of-state students pay about $22,907. Psychology graduates carry a median of $20,451 in student loans. Early-career psychology graduates make about $33,846. Weighed against typical debt, the earnings make a compelling case for value. University Of Southern Indiana admits about 96% of applicants.
Indiana University Northwest earned the #9 position for value in psychology this year. Indiana University Northwest is a moderately-sized public school located in the suburb of Gary. In-state tuition and fees average $8,424, with out-of-state students paying around $22,811. Psychology graduates carry a median of $23,500 in student loans. Early-career psychology graduates make about $24,061. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 73%.
Indiana State University ranked #10 on our 2027 list of the best value psychology schools. Located in the city of Terre Haute, Indiana State University is a moderately-sized public university. Expect in-state tuition and fees of around $10,258, compared with $22,322 for out-of-state students. Typical student debt for psychology graduates is $27,000. Soon after graduation, psychology degree recipients from Indiana State University generally make around $35,742. That is a strong return on a $27,000 median debt. Roughly 81% of applicants are accepted.
Indiana University East ranked #11 on our 2027 list of the best value psychology schools. Indiana University East is a moderately-sized public school located in the town of Richmond. Expect in-state tuition and fees of around $8,424, compared with $22,811 for out-of-state students. Typical student debt for psychology graduates is $26,893. Early-career psychology graduates make about $33,938. Weighed against typical debt, the earnings make a compelling case for value. Roughly 67% of applicants are accepted.
Indiana University South Bend earned the #12 position for value in psychology this year. Indiana University South Bend is a moderately-sized public school located in the city of South Bend. Expect in-state tuition and fees of around $8,424, while out-of-state students pay about $22,811. Students borrow a median of $22,465 to complete the psychology program here. Early-career psychology graduates make about $32,143. Weighed against typical debt, the earnings make a compelling case for value. Indiana University South Bend admits about 84% of applicants.
Ball State University ranked #13 on our 2027 list of the best value psychology schools. Located in the city of Muncie, Ball State University is a very large public university. Students from in state pay about $11,082 in tuition and fees, with out-of-state students paying around $29,630. Typical student debt for psychology graduates is $27,067. Soon after graduation, psychology degree recipients from Ball State University generally make around $64,835. Weighed against typical debt, the earnings make a compelling case for value. Ball State University admits about 86% of applicants.
Indiana University Purdue University Fort Wayne ranked #14 on our 2027 list of the best value psychology schools. Indiana University Purdue University Fort Wayne is a moderately-sized public school located in the city of Fort Wayne. In-state tuition and fees average $9,532, with out-of-state students paying around $22,887. Psychology graduates carry a median of $20,487 in student loans. Psychology graduates of Indiana University Purdue University Fort Wayne earn a median of $32,031 early in their careers. That is a strong return on a $20,487 median debt. Indiana University Purdue University Fort Wayne admits about 84% of applicants.
Indiana Wesleyan University National And Global landed the #15 spot for psychology value this year. Indiana Wesleyan University National And Global is a large private not-for-profit school located in the rural area of Marion. Students from in state pay about $9,648 in tuition and fees. Typical student debt for psychology graduates is $38,759. Early-career psychology graduates make about $40,706. That is a strong return on a $38,759 median debt.
Indiana University Bloomington came in at #16 for value in psychology this year. Located in the city of Bloomington, Indiana University Bloomington is a very large public university. Students from in state pay about $12,144 in tuition and fees, with out-of-state students paying around $41,891. Students borrow a median of $19,511 to complete the psychology program here. Soon after graduation, psychology degree recipients from Indiana University Bloomington generally make around $48,668. That is a strong return on a $19,511 median debt. Indiana University Bloomington admits about 78% of applicants.
University Of Evansville landed the #17 spot for psychology value this year. University Of Evansville is a mid-sized private not-for-profit school located in the city of Evansville. In-state tuition and fees average $44,172. Psychology graduates carry a median of $25,000 in student loans. Early-career psychology graduates make about $59,618. Weighed against typical debt, the earnings make a compelling case for value. Roughly 78% of applicants are accepted.
University Of Saint Francis Fort Wayne placed #18 among the best values for psychology. Located in the city of Fort Wayne, University Of Saint Francis Fort Wayne is a mid-sized private not-for-profit university. In-state tuition and fees average $36,460. Typical student debt for psychology graduates is $27,520. Early-career psychology graduates make about $57,192. Set against $27,520 in median debt, that is a healthy payoff. University Of Saint Francis Fort Wayne admits about 96% of applicants.
Valparaiso University landed the #19 spot for psychology value this year. Located in the suburb of Valparaiso, Valparaiso University is a mid-sized private not-for-profit university. Students from in state pay about $48,450 in tuition and fees. Typical student debt for psychology graduates is $27,000. Soon after graduation, psychology degree recipients from Valparaiso University generally make around $47,316. Set against $27,000 in median debt, that is a healthy payoff. Roughly 89% of applicants are accepted.
Manchester College placed #20 among the best values for psychology. Set in the town of North Manchester, Manchester College is a small private not-for-profit institution. Expect in-state tuition and fees of around $37,135. Students borrow a median of $26,000 to complete the psychology program here. Early-career psychology graduates make about $52,464. That is a strong return on a $26,000 median debt. Manchester College admits about 71% of applicants.
Huntington University placed #21 among the best values for psychology. Set in the town of Huntington, Huntington University is a small private not-for-profit institution. In-state tuition and fees average $31,870. Students borrow a median of $28,332 to complete the psychology program here. Psychology graduates of Huntington University earn a median of $42,992 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 76%.
Grace College And Theological Seminary ranked #22 on our 2027 list of the best value psychology schools. Grace College And Theological Seminary is a mid-sized private not-for-profit school located in the town of Winona Lake. In-state tuition and fees average $29,645. Typical student debt for psychology graduates is $19,508. Early-career psychology graduates make about $27,357. Set against $19,508 in median debt, that is a healthy payoff. The acceptance rate is 82%.
University Of Indianapolis placed #23 among the best values for psychology. Located in the city of Indianapolis, University Of Indianapolis is a moderately-sized private not-for-profit university. Students from in state pay about $37,200 in tuition and fees. Typical student debt for psychology graduates is $26,962. Early-career psychology graduates make about $63,263. Set against $26,962 in median debt, that is a healthy payoff. The acceptance rate is 66%.
Depauw University came in at #24 for value in psychology this year. Depauw University is a small private not-for-profit school located in the town of Greencastle. Expect in-state tuition and fees of around $59,070. Typical student debt for psychology graduates is $27,000. Soon after graduation, psychology degree recipients from Depauw University generally make around $46,127. Weighed against typical debt, the earnings make a compelling case for value. Roughly 57% of applicants are accepted.
Indiana Institute Of Technology College Of Professional Studies landed the #25 spot for psychology value this year. Set in the city of Fort Wayne, Indiana Institute Of Technology College Of Professional Studies is a mid-sized private not-for-profit institution. Expect in-state tuition and fees of around $9,896. Typical student debt for psychology graduates is $33,611. Soon after graduation, psychology degree recipients from Indiana Institute Of Technology College Of Professional Studies generally make around $36,111. Weighed against typical debt, the earnings make a compelling case for value.
Rest of the Top 39 Best Value Psychology Schools
Not far behind, these schools also offered excellent value in psychology:
View All Psychology Rankings >
Notes and References
This ranking is produced by College Factual (MF_RANKING_2025), 2027 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 39 schools evaluated.
*Averages shown above reflect the top 39 ranked schools only.
- 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).
More about our data sources and methodologies.
