by our College Data Analytics TeamIt's not easy to decide which school to attend when you have so many options available. College Factual has developed its Best Master's Degree Colleges for the Money (Income $48-$75k) in Indiana ranking as one thing you can use to help make this decision. This list may shock you as many typically expensive schools are very generous with need-based financial aid.
See What's Included in This Value Report:
Our analysis looked at 30 schools in Indiana to determine which ones have the best value Master's Degree programs. To come up with this ranking of the best value schools, we look at factors that are all objective measurements. More specifically, the following explains what we consider and why.
To calculate the value of a school in our Best Master's Degree Colleges for the Money (Income $48-$75k) in Indiana ranking, we first consider its average net price of students from families making $48-$75k a year. The net price is the sum of room and board, tuition, and fees minus any financial aid that that the student receives. 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 consider a college's overall Best Colleges ranking which itself looks at a collection of various factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.
To learn more, visit 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:
Our analysis found Purdue University - Main Campus to be the best value (income $48-$75k) school for master’s degrees in Indiana in this year’s ranking. Purdue is a large public school situated in West Lafayette, Indiana.
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 University of Notre Dame helped the school earn the #2 place on this year’s ranking of Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana. University of Notre Dame is a fairly large private not-for-profit school located in Notre Dame, Indiana.
In addition to being included on this ranking as a good value, University of Notre Dame is ranked #1 for quality in the state of Indiana.
Out of the 30 master’s degree schools in Indiana that were part of this year’s ranking, Indiana University - Bloomington landed the #3 spot on the list. IU Bloomington is located in Bloomington, Indiana and has a large student population. It is a public school.
Indiana University - Bloomington has the honor of being ranked #3 in Indiana for overall quality on top of being a good value.
You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #4 on our 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana list. Indiana University - Purdue University - Indianapolis is a large public school located 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
You’ll be in good company if you decide to attend Indiana University - Kokomo. It ranked #5 on our 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana list. IU Kokomo is a public institution located in Kokomo, Indiana.
Not only is Indiana University - Kokomo a great value, but it is also ranked #31 in Indiana for overall quality.
Ball State University did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana ranking, coming in at #6. Ball State University is a large public school located in Muncie, Indiana.
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.
With a ranking of #7, Saint Mary’s College did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana list. Notre Dame, Indiana is the setting for this small institution of higher learning. It is a private not-for-profit school.
Saint Mary’s College has the honor of being ranked #4 in Indiana for overall quality on top of being a good value.
Indiana University - Northwest landed the #8 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana ranking. 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.
Oakland City University ranked #9 on this year’s Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana list. Oakland City is located in Oakland City, Indiana and has a small student population. It is a private not-for-profit school.
In addition to being included on this ranking as a good value, Oakland City University is ranked #30 for quality in the state of Indiana.
Indiana University - Southeast came in at #10 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana ranking. Indiana University - Southeast is a small public school located in New Albany, Indiana.
In addition to being included on this ranking as a good value, Indiana University - Southeast is ranked #23 for quality in the state of Indiana.
Indiana University - East did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana ranking, coming in at #11. IU East is located in Richmond, Indiana and has a small student population. 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 $48-$75k) in Indiana list. South Bend, Indiana is the setting for this small institution of higher learning. It is a public school.
Not only is Indiana University - South Bend a great value, but it is also ranked #27 in Indiana for overall quality.
University of Southern Indiana did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana ranking, coming in at #13. University of Southern Indiana is a medium-sized public school located in Evansville, Indiana.
University of Southern Indiana has the honor of being ranked #11 in Indiana for overall quality on top of being a good value.
Purdue University Northwest ranked #14 on this year’s Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana list. Located in Hammond, Indiana, the school is a medium-sized public institution.
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 came in at #15 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana ranking. This medium-sized public school is located in Fort Wayne, Indiana.
Not only is Purdue University Fort Wayne a great value, but it is also ranked #22 in Indiana for overall quality.
With a ranking of #16, Indiana Wesleyan University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana list. Located in Marion, Indiana, the school is a small private not-for-profit institution.
Not only is Indiana Wesleyan University a great value, but it is also ranked #8 in Indiana for overall quality.
University of Saint Francis - Fort Wayne did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana ranking, coming in at #17. Located in Fort Wayne, Indiana, the school is a small private not-for-profit institution.
Not only is University of Saint Francis - Fort Wayne a great value, but it is also ranked #18 in Indiana for overall quality.
Read full value report on University of Saint Francis - Fort Wayne
Grace College and Theological Seminary came in at #18 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana ranking. Located in Winona Lake, Indiana, the school is a small private not-for-profit institution.
Not only is Grace College and Theological Seminary a great value, but it is also ranked #15 in Indiana for overall quality.
Read full value report on Grace College and Theological Seminary
With a ranking of #19, Indiana State University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana list. Indiana State is a medium-sized public school situated in Terre Haute, Indiana.
In addition to being included on this ranking as a good value, Indiana State University is ranked #20 for quality in the state of Indiana.
With a ranking of #20, Marian University did quite well on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana list. This small private not-for-profit school is located in Indianapolis, Indiana.
Not only is Marian University a great value, but it is also ranked #13 in Indiana for overall quality.
Indiana Wesleyan University - National & Global landed the #21 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana ranking. IWU is located in Marion, Indiana and has a fairly large student population. It is a private not-for-profit school.
Not only is Indiana Wesleyan University - National & Global a great value, but it is also ranked #9 in Indiana for overall quality.
Read full value report on Indiana Wesleyan University - National & Global
Huntington University landed the #22 spot on the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana ranking. Located in Huntington, Indiana, the school is a small private not-for-profit institution.
Not only is Huntington University a great value, but it is also ranked #19 in Indiana for overall quality.
Saint Mary-of-the-Woods College came in at #23 in this year’s edition of the Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana ranking. Located in Saint Mary of the Woods, Indiana, the school is a small private not-for-profit institution.
Saint Mary-of-the-Woods College has the honor of being ranked #25 in Indiana for overall quality on top of being a good value.
Anderson University Indiana did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana ranking, coming in at #24. Anderson University Indiana is a small private not-for-profit school situated in Anderson, Indiana.
Not only is Anderson University Indiana a great value, but it is also ranked #21 in Indiana for overall quality.
Bethel University - Mishawaka did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $48-$75k) in Indiana ranking, coming in at #25. This small private not-for-profit school is located in Mishawaka, Indiana.
Not only is Bethel University - Mishawaka a great value, but it is also ranked #29 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.