2023 Best Value Colleges for Child Development & Psychology (Income $48-$75k) in Indiana

With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Child Development Schools in Indiana For Those Making $48-$75k” ranking - to help you make that decision.

In 2020-2021, 17,542 people earned their degree in child development and psychology, making the major the 57th most popular in the United States. In 2019-2020, child development and psychology graduates who were awarded their degree in 2017-2019, earned an average of $34,186 and had an average of $22,623 in loans still to pay off.

Across Indiana, there were 725 child development and psychology graduates with average earnings and debt of $28,965 and $23,289 respectively.

This year’s “Best Value Child Development Schools in Indiana For Those Making $48-$75k” ranking analyzed 3 colleges that offered a degree in child development and psychology. The schools that top this list are recognized because they have great child development and psychology programs and cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the child development and psychology program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Child Development Schools in Indiana For Those Making $48-$75k” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Child Development Schools in Indiana For Those Making $48-$75k

The following schools top our list of the Best Best Value Child Development Schools in Indiana For Those Making $48-$75k.

Top 3 Best Value Colleges for Child Development & Psychology (Income $48-$75k) in Indiana

1

Purdue University - Main Campus
West Lafayette, Indiana

#2 in overall quality

$8,450 Average Net Price

$53,430 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #1 for the Best Value Child Development Schools in Indiana For Those Making $48-$75k. Purdue University - Main Campus is a public institution located in West Lafayette, Indiana. The school has a large population, and it awarded 272 ’s degrees in 2020-2021.

As a testament to the quality of education offered at Purdue, the school also landed the #2 spot in our “Best Child Development & Psychology Schools in Indiana” ranking. The estimated yearly cost for Purdue is $8,450 for Indiana Child Development students whose families make $48-$75k.

The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.

Full Purdue University - Main Campus Child Development & Psychology Report

2

University of Notre Dame
Notre Dame, Indiana

#1 in overall quality

$14,020 Average Net Price

$58,860 Average Early-Career Earnings

Out of the 3 schools in the Best Value Child Development Schools in Indiana For Those Making $48-$75k that were part of this year’s ranking, University of Notre Dame landed the #2 spot on the list. This fairly large school is located in Notre Dame, Indiana, and it awarded 23 ’s child development degrees in 2020-2021.

Notre Dame not only placed well in this ranking. It is also #1 on our “Best Child Development & Psychology Schools in Indiana” list. The yearly cost to attend Notre Dame is $14,020 for indiana child development students whose families make $48-$75k.

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. 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%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Read full report on Child Development & Psychology at University of Notre Dame

3

Ball State University
Muncie, Indiana

#3 in overall quality

$15,158 Average Net Price

$42,329 Average Early-Career Earnings

You’ll be in good company if you decide to attend Ball State University. It ranked #3 on our 2023 Best Value Child Development Schools in Indiana For Those Making $48-$75k list. Ball State is a large school located in Muncie, Indiana that handed out 24 ’s child development degrees in 2020-2021.

Ball State also took the #3 spot in our “Best Child Development & Psychology Schools in Indiana” ranking. The estimated yearly cost for Ball State is $15,158 for Indiana Child Development students whose families make $48-$75k.

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 Child Development & Psychology at Ball State

• Best Value Colleges for Child Development & Psychology (Income $48-$75k) in the Great Lakes Region
• Best Value Colleges for Child Development & Psychology (Income $48-$75k)

Notes and References

References

• 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).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.