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2023 Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k

18 Ranked Colleges
9,535 Degrees Awarded
$9,700 Avg Net Price*
Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k” ranking.

With 556,813 degrees handed out in 2020-2021, liberal arts general studies is the 1st most popular major in the United States. 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 $30-$48k” ranking analyzed 18 colleges that offered a degree 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.

When determining these rankings, we looked at things such as overall quality of the liberal arts general studies program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

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The liberal arts school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k”.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k

The following schools top our list of the Best Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k.

Top 18 Best Value Colleges for Liberal Arts General Studies (Income $30-$48k) in Indiana

1

Out of the 18 schools in the Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k that were part of this year’s ranking, Indiana University - Bloomington landed the #1 spot on the list. Located in Bloomington, Indiana, this large public school handed out 225 diplomas to qualified ’s liberal arts students 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 estimated yearly cost for Indiana University - Bloomington is $7,061 for Indiana Liberal Arts students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The undergrad student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Liberal Arts General Studies at Indiana University - Bloomington

2

You’ll join some of the best and brightest minds around if you attend Indiana University - Purdue University - Indianapolis. The school came in at #2 for the Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k. Indiana University - Purdue University - Indianapolis 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.

In addition to being on our indiana liberal arts students whose families make $30-$48k list, IUPUI has also earned the #3 rank in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The yearly cost to attend Indiana University - Purdue University - Indianapolis is $8,216 for Indiana Liberal Arts students whose families make $30-$48k.

The undergrad student loan default rate at the school is 4.2%, which is quite low when compared to the national default rate of 10.1%.

Read more about Liberal Arts General Studies at IUPUI

3

Out of the 18 schools in the Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k that were part of this year’s ranking, Indiana University - South Bend landed the #3 spot on the list. Indiana University - South Bend is a public institution located in South Bend, Indiana. The school has a small population, and it awarded 77 ’s degrees in 2020-2021.

In addition to being on our indiana liberal arts students whose families make $30-$48k list, Indiana University - South Bend has also earned the #10 rank in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The yearly cost to attend Indiana University - South Bend is $6,544 for Indiana Liberal Arts students whose families make $30-$48k.

Full Indiana University - South Bend Liberal Arts General Studies Report

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 $30-$48k that were part of this year’s ranking, Ivy Tech Community College landed the #4 spot on the list. This large school is located in Indianapolis, Indiana, and it awarded 6,224 ’s liberal arts degrees in 2020-2021.

As a testament to the quality of education offered at Ivy Tech Community College, the school also landed the #9 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The estimated yearly cost for Ivy Tech Community College is $6,820 for Indiana Liberal Arts students whose families make $30-$48k.

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

5
Vincennes University crest
Vincennes University
Vincennes, Indiana

Out of the 18 schools in the Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k that were part of this year’s ranking, Vincennes University landed the #5 spot on the list. Vincennes, Indiana is the setting for this fairly large institution of higher learning. The public school handed out ’s liberal arts degrees to 1,373 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. The estimated yearly cost for Vincennes University is $10,531 for Indiana Liberal Arts students whose families make $30-$48k.

Full Vincennes University Liberal Arts General Studies Report

6
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

University of Notre Dame ranked #6 on this year’s Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k list. Located in Notre Dame, Indiana, this fairly large private not-for-profit school awarded 36 degrees to qualified ’s liberal arts students in 2020-2021.

Notre Dame also made our “Best Liberal Arts General Studies Schools in Indiana” list, coming in at #1. It costs about $9,136 for Indiana Liberal Arts students whose families make $30-$48k per year to attend Notre Dame.

The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The undergraduate student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on Liberal Arts General Studies at Notre Dame

7

Indiana University - Southeast came in at #7 in this year’s edition of the Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k ranking. Indiana University - Southeast is a small school located in New Albany, Indiana that handed out 107 ’s liberal arts degrees in 2020-2021.

Indiana University - Southeast also took the #8 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The yearly cost to attend Indiana University - Southeast is $8,556 for indiana liberal arts students whose families make $30-$48k.

Read full report on Liberal Arts General Studies at Indiana University - Southeast

8

Indiana University - Northwest came in at #8 in this year’s edition of the Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k ranking. Gary, Indiana is the setting for this small institution of higher learning. The public school handed out ’s liberal arts degrees to 48 students in 2020-2021.

IU Northwest not only placed well in this ranking. It is also #16 on our “Best Liberal Arts General Studies Schools in Indiana” list. It costs about $3,534 for Indiana Liberal Arts students whose families make $30-$48k per year to attend Indiana University - Northwest.

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

8
IU East crest
Indiana University - East
Richmond, Indiana

Indiana University - East landed the #8 spot on the 2023 Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k ranking. Located in Richmond, Indiana, this small public school handed out 54 degrees to qualified ’s liberal arts students 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. The yearly cost to attend Indiana University - East is $6,831 for Indiana Liberal Arts students whose families make $30-$48k.

Read full report on Liberal Arts General Studies at IU East

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 $30-$48k list. Located in Kokomo, Indiana, this small public school awarded 60 diplomas to qualified ’s liberal arts students in 2020-2021.

IU Kokomo not only placed well in this ranking. It is also #12 on our “Best Liberal Arts General Studies Schools in Indiana” list. The yearly cost to attend Indiana University - Kokomo is $6,875 for indiana liberal arts students whose families make $30-$48k.

Full Indiana University - Kokomo Liberal Arts General Studies Report

11
Ball State crest
Ball State University
Muncie, Indiana

With a ranking of #11, Ball State University did quite well on the 2023 Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k list. Ball State University is a large school located in Muncie, Indiana that handed out 277 ’s liberal arts degrees in 2020-2021.

Ball State also took the #5 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The yearly cost to attend Ball State is $10,786 for Indiana Liberal Arts students whose families make $30-$48k.

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

12
PFW crest
Purdue University Fort Wayne
Fort Wayne, Indiana

Purdue University Fort Wayne came in at #12 in this year’s edition of the Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k ranking. Fort Wayne, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out ’s liberal arts degrees to 84 students in 2020-2021.

As a testament to the quality of education offered at PFW, the school also landed the #14 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. It costs about $8,427 for indiana liberal arts students whose families make $30-$48k per year to attend PFW.

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

13

University of Southern Indiana came in at #13 in this year’s edition of the Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k 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.

In addition to being on our indiana liberal arts students whose families make $30-$48k list, USI has also earned the #11 rank in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The yearly cost to attend University of Southern Indiana is $10,440 for indiana liberal arts students whose families make $30-$48k.

The school has an impressive undergrad student loan default rate. It’s only 3.9%, which is much lower than the national rate of 10.1%.

Read full report on Liberal Arts General Studies at USI

14

Purdue University Northwest did quite well in the 2023 Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k ranking, coming in at #14. Purdue University Northwest is a public institution located in Hammond, Indiana. The school has a medium-sized population, and it awarded 44 ’s degrees in 2020-2021.

In addition to being on our indiana liberal arts students whose families make $30-$48k list, Purdue Northwest has also earned the #17 rank in our “Best Liberal Arts General Studies Schools in Indiana” ranking. It costs about $8,608 for Indiana Liberal Arts students whose families make $30-$48k per year to attend Purdue University Northwest.

Read more about Liberal Arts General Studies at Purdue Northwest

15

With a ranking of #15, Indiana Wesleyan University did quite well on the 2023 Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k list. Marion, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s liberal arts degrees to 39 students in 2020-2021.

IWU not only placed well in this ranking. It is also #6 on our “Best Liberal Arts General Studies Schools in Indiana” list. It costs about $17,754 for Indiana Liberal Arts students whose families make $30-$48k per year to attend Indiana Wesleyan University.

The school has an impressive undergrad student loan default rate. It’s only 5.0%, which is much lower than the national rate of 10.1%.

Read more about Liberal Arts General Studies at IWU

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 $30-$48k ranking, coming in at #16. Indiana State is located in Terre Haute, Indiana and, has a medium-sized student population. In 2020-2021, this school awarded 36 ’s liberal arts degrees to qualified students.

Indiana State also took the #18 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The estimated yearly cost for Indiana State University is $10,911 for Indiana Liberal Arts students whose families make $30-$48k.

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

17
UIndy crest
University of Indianapolis
Indianapolis, Indiana

University of Indianapolis ranked #17 on this year’s Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k list. 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.

UIndy also made our “Best Liberal Arts General Studies Schools in Indiana” list, coming in at #13. It costs about $14,716 for indiana liberal arts students whose families make $30-$48k per year to attend UIndy.

Read full report on Liberal Arts General Studies at UIndy

18

Indiana Wesleyan University - National & Global came in at #18 in this year’s edition of the Best Value Liberal Arts Schools in Indiana For Those Making $30-$48k ranking. IWU is a fairly large private not-for-profit school situated in Marion, Indiana. It awarded 155 ’s liberal arts degrees in 2020-2021.

IWU also took the #7 spot in our “Best Liberal Arts General Studies Schools in Indiana” ranking. The estimated yearly cost for Indiana Wesleyan University - National & Global is $18,666 for Indiana Liberal Arts students whose families make $30-$48k.

The low undergrad student loan default rate of 5.0% 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 more about Liberal Arts General Studies at IWU

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