2027 Best Value School Psychology Schools in Indiana

[School Psychology](/majors/psychology/clinical-counseling-applied-psychology/school-psychology/) programs reward a close look at where your money goes furthest. The best values balance affordable tuition against strong post-graduation earnings.
College Factual analyzed 4 schools to build this 2027 ranking of the best value school psychology schools.
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2027 Best Value School Psychology Schools in Indiana
Below are the schools that deliver the strongest value in school psychology, balancing cost against outcomes.
Best Value School Psychology Schools
Leading the list is Indiana State University, our #1 best value for school psychology in Indiana. Indiana State University is a moderately-sized public school located in the city of Terre Haute. The average in-state cost of tuition and fees is $10,258, with out-of-state students paying around $22,322. School Psychology graduates carry a median of $25,582 in student loans. Early-career school psychology graduates make about $53,952. Set against $25,582 in median debt, that is a healthy payoff. The acceptance rate is 81%.
The strong cost-to-outcome balance at Ball State University earned it the #2 place for school psychology. Located in the city of Muncie, Ball State University is a very large public university. In-state tuition and fees average $11,082, with out-of-state students paying around $29,630. Typical student debt for school psychology graduates is $27,075. School Psychology graduates of Ball State University earn a median of $64,930 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Roughly 86% of applicants are accepted.
Indiana University Bloomington came in at #3 on our 2027 list of the best value school psychology schools. Indiana University Bloomington is a very large public school located in the city of Bloomington. Students from in state pay about $12,144 in tuition and fees, compared with $41,891 for out-of-state students. Students borrow a median of $20,542 to complete the school psychology program here. School Psychology graduates of Indiana University Bloomington earn a median of $69,444 early in their careers. Set against $20,542 in median debt, that is a healthy payoff. Roughly 78% of applicants are accepted.
A rank of #4 makes Valparaiso University one of the best values for school psychology. Set in the suburb of Valparaiso, Valparaiso University is a mid-sized private not-for-profit institution. Expect in-state tuition and fees of around $48,450. Typical student debt for school psychology graduates is $26,724. Early-career school psychology graduates make about $51,987. Set against $26,724 in median debt, that is a healthy payoff. The acceptance rate is 89%.
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Notes and References
The ranking above is published by College Factual (MF_RANKING_2025), 2027 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 4 schools evaluated.
*Averages shown above reflect the top 4 ranked schools only.
- 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).
More about our data sources and methodologies.