by our College Data Analytics TeamWhen pursuing a degree in today's world, there are many different options to choose from. At College Factual, we're committed to helping you make that decision by providing information such as that found in our Best Master's Degree Colleges for the Money (Income $30-$48k) in Indiana ranking. A school that typically has a high sticker price may actually be very affordable, depending on how much need-based financial aid you receive.
See What's Included in This Value Report:
We analyzed 32 schools across Indiana to determine which have the best value Master's Degree programs. Instead of depending on subjective information to rank the best value schools, we focus on objective factors in our analysis. We explain more about what we look at and why we do so below.
The first step of determing the value of a school in our Best Master's Degree Colleges for the Money (Income $30-$48k) in Indiana ranking is to look at the school's average net price for students with families that make $30-$48k a year. The net price is the sum of tuition, fees, and room and board minus any financial aid awarded to the student. But, a school that excels in providing value for your money must also be a great school overall as well.
To take this into account we include a college's overall Best Colleges ranking which itself looks at a combination of different factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.
We go into more detail on these factors on our best value ranking methodology page.
Keep scrolling for the top schools in this ranking or select one of the other rankings methods below.
If you know what major you want to study, check out our list of the best value schools by major. If you're interested in other degree levels, you can view one of the lists below.
Learn more about these excellent schools below:
Purdue University - Main Campus tops this year’s ranking as the best value (income $30-$48k) school for master’s degrees in Indiana for overall quality. West Lafayette, Indiana is the setting for this large institution of higher learning. It is a public school.
In addition to being included on this ranking as a good value, Purdue University - Main Campus is ranked #2 for quality in the state of Indiana.
The quality degree programs at helped the school earn the #2 place on this year’s ranking of Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana.
A rank of #3 on our Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana list means University of Notre Dame is a great place for students working on their degree. Notre Dame is located in Notre Dame, Indiana and has a fairly large student population. It is a private not-for-profit school.
University of Notre Dame has the honor of being ranked #1 in Indiana for overall quality on top of being a good value.
The quality degree programs at Indiana University - Bloomington helped the school earn the #4 place on this year’s ranking of Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana. IU Bloomington is a public institution located in Bloomington, Indiana.
Not only is Indiana University - Bloomington a great value, but it is also ranked #3 in Indiana for overall quality.
A rank of #5 on our Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana list means Indiana University - Purdue University - Indianapolis is a great place for students working on their degree. IUPUI is a large public school situated in Indianapolis, Indiana.
Indiana University - Purdue University - Indianapolis has the honor of being ranked #7 in Indiana for overall quality on top of being a good value.
Read full value report on Indiana University - Purdue University - Indianapolis
Ball State University came in at #6 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana ranking. Muncie, Indiana is the setting for this large institution of higher learning. It is a public school.
In addition to being included on this ranking as a good value, Ball State University is ranked #5 for quality in the state of Indiana.
Indiana University - Kokomo landed the #7 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana ranking. Kokomo, Indiana is the setting for this small institution of higher learning. It is a public school.
Not only is Indiana University - Kokomo a great value, but it is also ranked #31 in Indiana for overall quality.
With a ranking of #8, Indiana University - Northwest did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana list. Located in Gary, Indiana, the school is a small public institution.
In addition to being included on this ranking as a good value, Indiana University - Northwest is ranked #26 for quality in the state of Indiana.
Indiana University - Southeast ranked #8 on this year’s Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana list. This small public school is located in New Albany, Indiana.
Not only is Indiana University - Southeast a great value, but it is also ranked #23 in Indiana for overall quality.
Saint Mary’s College came in at #10 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana ranking. Located in Notre Dame, Indiana, the school is a small private not-for-profit institution.
Not only is Saint Mary’s College a great value, but it is also ranked #4 in Indiana for overall quality.
With a ranking of #11, Indiana University - East did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana list. Richmond, Indiana is the setting for this small institution of higher learning. It is a public school.
Not only is Indiana University - East a great value, but it is also ranked #28 in Indiana for overall quality.
With a ranking of #12, Indiana University - South Bend did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana list. South Bend, Indiana is the setting for this small institution of higher learning. It is a public school.
Indiana University - South Bend has the honor of being ranked #27 in Indiana for overall quality on top of being a good value.
With a ranking of #13, University of Southern Indiana did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana list. USI is a medium-sized public school situated in Evansville, Indiana.
In addition to being included on this ranking as a good value, University of Southern Indiana is ranked #11 for quality in the state of Indiana.
Purdue University Northwest did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana ranking, coming in at #14. Purdue Northwest is a medium-sized public school situated in Hammond, Indiana.
Purdue University Northwest has the honor of being ranked #24 in Indiana for overall quality on top of being a good value.
Purdue University Fort Wayne ranked #15 on this year’s Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana list. Located in Fort Wayne, Indiana, the school is a medium-sized public institution.
In addition to being included on this ranking as a good value, Purdue University Fort Wayne is ranked #22 for quality in the state of Indiana.
Indiana Wesleyan University came in at #16 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana ranking. Located in Marion, Indiana, the school is a small private not-for-profit institution.
In addition to being included on this ranking as a good value, Indiana Wesleyan University is ranked #8 for quality in the state of Indiana.
Indiana State University did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana ranking, coming in at #17. Indiana State is a medium-sized public school situated in Terre Haute, Indiana.
Indiana State University has the honor of being ranked #20 in Indiana for overall quality on top of being a good value.
Oakland City University came in at #18 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana ranking. Located in Oakland City, Indiana, the school is a small private not-for-profit institution.
Not only is Oakland City University a great value, but it is also ranked #30 in Indiana for overall quality.
University of Saint Francis - Fort Wayne came in at #19 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana ranking. University of St. Francis Fort Wayne is a small private not-for-profit school situated in Fort Wayne, Indiana.
In addition to being included on this ranking as a good value, University of Saint Francis - Fort Wayne is ranked #18 for quality in the state of Indiana.
With a ranking of #20, Saint Mary-of-the-Woods College did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana list. Located in Saint Mary of the Woods, Indiana, the school is a small private not-for-profit institution.
Not only is Saint Mary-of-the-Woods College a great value, but it is also ranked #25 in Indiana for overall quality.
Grace College and Theological Seminary did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana ranking, coming in at #21. Winona Lake, Indiana is the setting for this small institution of higher learning. It is a private not-for-profit school.
In addition to being included on this ranking as a good value, Grace College and Theological Seminary is ranked #15 for quality in the state of Indiana.
With a ranking of #22, Bethel University - Mishawaka did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana list. This small private not-for-profit school is located in Mishawaka, Indiana.
Bethel University - Mishawaka has the honor of being ranked #29 in Indiana for overall quality on top of being a good value.
With a ranking of #23, University of Evansville did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana list. Evansville, Indiana is the setting for this small institution of higher learning. It is a private not-for-profit school.
Not only is University of Evansville a great value, but it is also ranked #14 in Indiana for overall quality.
Indiana Wesleyan University - National & Global came in at #24 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana ranking. Located in Marion, Indiana, the school is a fairly large private not-for-profit institution.
Indiana Wesleyan University - National & Global has the honor of being ranked #9 in Indiana for overall quality on top of being a good value.
Read full value report on Indiana Wesleyan University - National & Global
Marian University did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in Indiana ranking, coming in at #25. Indianapolis, Indiana is the setting for this small institution of higher learning. It is a private not-for-profit school.
Not only is Marian University a great value, but it is also ranked #13 in Indiana for overall quality.
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Footnotes
*These averages are for the top 25 schools only.
More about our data sources and methodologies.