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2023 Best Value Colleges for Liberal Arts General Studies (Income $0-$30k) in Indiana

18 Ranked Colleges
9,535 Degrees Awarded
$8,500 Avg Net Price*
Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k

Students have lots of options to chooose from today when trying to decide which college to attend. 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 Liberal Arts Schools in Indiana For Those Making $0-$30k” ranking is part of that endeavor.

In 2020-2021, 556,813 liberal arts general studies students received their degree, making the major the 1st most popular in the country. In 2019-2020, liberal arts general studies graduates who were awarded their degree in 2017-2019, earned an average of $28,337 and had an average of $17,430 in loans still to pay off.

Across Indiana, there were 9,535 liberal arts general studies graduates with average earnings and debt of $37,069 and $24,427 respectively.

This year’s “Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k” ranking looked at 18 colleges that offer degrees in a bachelor’s in liberal arts general studies. This ranking identifies schools with high-quality liberal arts general studies programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the liberal arts general studies program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k

The following schools top our list of the Best Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k.

Top 18 Best Value Colleges for Liberal Arts General Studies (Income $0-$30k) in Indiana

1

You’ll join some of the best and brightest minds around if you attend Indiana University - Bloomington. The school came in at #1 for the Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k. Indiana University - Bloomington is a public institution located in Bloomington, Indiana. The school has a large population, and it awarded 225 ’s degrees in 2020-2021.

IU Bloomington not only placed well in this ranking. It is also #2 on our “Best Liberal Arts General Studies Schools in Indiana” list. The yearly cost to attend IU Bloomington is $5,752 for indiana liberal arts students whose families make $0-$30k.

The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Full IU Bloomington Liberal Arts General Studies Report

2

Out of the 18 schools in the Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k that were part of this year’s ranking, Indiana University - Purdue University - Indianapolis landed the #2 spot on the list. IUPUI is located in Indianapolis, Indiana and, has a large student population. In 2020-2021, this school awarded 261 ’s liberal arts degrees to qualified students.

IUPUI did well in our major quality rankings, too. It placed #3 on our “Best Liberal Arts General Studies Schools in Indiana” list. It costs about $7,026 for Indiana Liberal Arts students whose families make $0-$30k per year to attend IUPUI.

The low undergrad student loan default rate of 4.2% 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%.

Read full report on Liberal Arts General Studies at IUPUI

3
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

You’ll join some of the best and brightest minds around if you attend University of Notre Dame. The school came in at #3 for the Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k. University of Notre Dame is a private not-for-profit institution located in Notre Dame, Indiana. The school has a fairly large population, and it awarded 36 ’s degrees in 2020-2021.

Notre Dame not only placed well in this ranking. It is also #1 on our “Best Liberal Arts General Studies Schools in Indiana” list. The estimated yearly cost for Notre Dame is $9,872 for indiana liberal arts students whose families make $0-$30k.

The low undergrad student loan default rate of 0.7% 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%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read full report on Liberal Arts General Studies at Notre Dame

4
Ivy Tech Community College crest
Ivy Tech Community College
Indianapolis, Indiana

Out of the 18 schools in the Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k that were part of this year’s ranking, Ivy Tech Community College landed the #4 spot on the list. Located in Indianapolis, Indiana, this large public school awarded 6,224 degrees to qualified ’s liberal arts students in 2020-2021.

Ivy Tech Community College also took the #9 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. It costs about $6,213 for indiana liberal arts students whose families make $0-$30k per year to attend Ivy Tech Community College.

Read more about Liberal Arts General Studies at Ivy Tech Community College

5

You’ll be in good company if you decide to attend Indiana University - South Bend. It ranked #5 on our 2023 Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k list. Indiana University - South Bend is a small public school situated in South Bend, Indiana. It awarded 77 ’s liberal arts degrees in 2020-2021.

Indiana University - South Bend also made our “Best Liberal Arts General Studies Schools in Indiana” list, coming in at #10. The yearly cost to attend Indiana University - South Bend is $5,504 for Indiana Liberal Arts students whose families make $0-$30k.

Read more about Liberal Arts General Studies at Indiana University - South Bend

6

Indiana University - Southeast came in at #6 in this year’s edition of the Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k ranking. Indiana University - Southeast is a small public school situated in New Albany, Indiana. It awarded 107 ’s liberal arts degrees in 2020-2021.

As a testament to the quality of education offered at Indiana University - Southeast, the school also landed the #8 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The estimated yearly cost for Indiana University - Southeast is $7,587 for Indiana Liberal Arts students whose families make $0-$30k.

Read more about Liberal Arts General Studies at Indiana University - Southeast

7
Vincennes University crest
Vincennes University
Vincennes, Indiana

Vincennes University ranked #7 on this year’s Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k list. Located in Vincennes, Indiana, this fairly large public school handed out 1,373 diplomas to qualified ’s liberal arts students in 2020-2021.

Vincennes University did well in our major quality rankings, too. It placed #4 on our “Best Liberal Arts General Studies Schools in Indiana” list. It costs about $9,228 for Indiana Liberal Arts students whose families make $0-$30k per year to attend Vincennes University.

Read full report on Liberal Arts General Studies at Vincennes University

8
Ball State crest
Ball State University
Muncie, Indiana

Ball State University landed the #8 spot on the 2023 Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k ranking. Located in Muncie, Indiana, this large public school handed out 277 diplomas to qualified ’s liberal arts students in 2020-2021.

Ball State not only placed well in this ranking. It is also #5 on our “Best Liberal Arts General Studies Schools in Indiana” list. The yearly cost to attend Ball State University is $8,273 for Indiana Liberal Arts students whose families make $0-$30k.

The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.

Read full report on Liberal Arts General Studies at Ball State University

9

Indiana University - Northwest ranked #9 on this year’s Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k list. Indiana University - Northwest is a public institution located in Gary, Indiana. The school has a small population, and it awarded 48 ’s degrees in 2020-2021.

IU Northwest did well in our major quality rankings, too. It placed #16 on our “Best Liberal Arts General Studies Schools in Indiana” list. The estimated yearly cost for Indiana University - Northwest is $2,714 for Indiana Liberal Arts students whose families make $0-$30k.

Full IU Northwest Liberal Arts General Studies Report

10

With a ranking of #10, Indiana University - Kokomo did quite well on the 2023 Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k list. Located in Kokomo, Indiana, this small public school handed out 60 diplomas to qualified ’s liberal arts students in 2020-2021.

In addition to being on our indiana liberal arts students whose families make $0-$30k list, IU Kokomo has also earned the #12 rank in our “Best Liberal Arts General Studies Schools in Indiana” ranking. It costs about $5,506 for indiana liberal arts students whose families make $0-$30k per year to attend Indiana University - Kokomo.

Full Indiana University - Kokomo Liberal Arts General Studies Report

11
IU East crest
Indiana University - East
Richmond, Indiana

Indiana University - East came in at #11 in this year’s edition of the Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k ranking. Indiana University - East is a public institution located in Richmond, Indiana. The school has a small population, and it awarded 54 ’s degrees in 2020-2021.

IU East not only placed well in this ranking. It is also #15 on our “Best Liberal Arts General Studies Schools in Indiana” list. It costs about $5,516 for Indiana Liberal Arts students whose families make $0-$30k per year to attend IU East.

Read full report on Liberal Arts General Studies at IU East

12

University of Southern Indiana landed the #12 spot on the 2023 Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k ranking. Evansville, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out ’s liberal arts degrees to 41 students in 2020-2021.

USI did well in our major quality rankings, too. It placed #11 on our “Best Liberal Arts General Studies Schools in Indiana” list. The yearly cost to attend USI is $7,815 for indiana liberal arts students whose families make $0-$30k.

The undergrad student loan default rate at the school is 3.9%, which is quite low when compared to the national default rate of 10.1%.

Full USI Liberal Arts General Studies Report

13
PFW crest
Purdue University Fort Wayne
Fort Wayne, Indiana

With a ranking of #13, Purdue University Fort Wayne did quite well on the 2023 Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k list. Purdue University Fort Wayne is located in Fort Wayne, Indiana and, has a medium-sized student population. In 2020-2021, this school awarded 84 ’s liberal arts degrees to qualified students.

PFW also took the #14 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The estimated yearly cost for PFW is $7,414 for Indiana Liberal Arts students whose families make $0-$30k.

Read full report on Liberal Arts General Studies at Purdue University Fort Wayne

14

Purdue University Northwest ranked #14 on this year’s Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k list. Purdue University Northwest is a medium-sized school located in Hammond, Indiana that handed out 44 ’s liberal arts degrees in 2020-2021.

Purdue Northwest did well in our major quality rankings, too. It placed #17 on our “Best Liberal Arts General Studies Schools in Indiana” list. The yearly cost to attend Purdue University Northwest is $6,775 for indiana liberal arts students whose families make $0-$30k.

Full Purdue Northwest Liberal Arts General Studies Report

15

Indiana Wesleyan University did quite well in the 2023 Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k ranking, coming in at #15. Indiana Wesleyan University is a small school located in Marion, Indiana that handed out 39 ’s liberal arts degrees in 2020-2021.

In addition to being on our indiana liberal arts students whose families make $0-$30k list, IWU has also earned the #6 rank in our “Best Liberal Arts General Studies Schools in Indiana” ranking. It costs about $15,834 for Indiana Liberal Arts students whose families make $0-$30k per year to attend Indiana Wesleyan University.

The undergrad student loan default rate at the school is 5.0%, which is quite low when compared to the national default rate of 10.1%.

Full Indiana Wesleyan University Liberal Arts General Studies Report

16
Indiana State crest
Indiana State University
Terre Haute, Indiana

Indiana State University did quite well in the 2023 Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k ranking, coming in at #16. Indiana State is a public institution located in Terre Haute, Indiana. The school has a medium-sized population, and it awarded 36 ’s degrees in 2020-2021.

Indiana State also took the #18 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. It costs about $10,104 for indiana liberal arts students whose families make $0-$30k per year to attend Indiana State University.

Read full report on Liberal Arts General Studies at Indiana State

17
UIndy crest
University of Indianapolis
Indianapolis, Indiana

University of Indianapolis landed the #17 spot on the 2023 Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k ranking. University of Indianapolis is a private not-for-profit institution located in Indianapolis, Indiana. The school has a medium-sized population, and it awarded 14 ’s degrees in 2020-2021.

As a testament to the quality of education offered at UIndy, the school also landed the #13 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The yearly cost to attend University of Indianapolis is $14,124 for indiana liberal arts students whose families make $0-$30k.

Read more about Liberal Arts General Studies at UIndy

18

Indiana Wesleyan University - National & Global landed the #18 spot on the 2023 Best Value Liberal Arts Schools in Indiana For Those Making $0-$30k ranking. This fairly large school is located in Marion, Indiana, and it awarded 155 ’s liberal arts degrees in 2020-2021.

IWU also made our “Best Liberal Arts General Studies Schools in Indiana” list, coming in at #7. It costs about $18,474 for indiana liberal arts students whose families make $0-$30k per year to attend Indiana Wesleyan University - National & Global.

The undergrad student loan default rate at the school is 5.0%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Liberal Arts General Studies at Indiana Wesleyan University - National & Global

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