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2023 Best Value Colleges for Psychology (Income $0-$30k) in the Great Lakes Region

151 Ranked Colleges
22,024 Degrees Awarded
$7,500 Avg Net Price*
Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k” ranking as one item you can use to help make this decision.

In 2020-2021, 195,678 psychology students received their degree, making the major the 8th most popular in the country. In 2019-2020, psychology graduates who were awarded their degree in 2017-2019, earned an average of $35,611 and had an average of $25,989 in loans still to pay off.

Across the Great Lakes region, there were 22,024 psychology graduates with average earnings and debt of $35,673 and $26,804 respectively.

This year’s “Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k” ranking analyzed 151 colleges that offered a degree in psychology. Not only do the schools that top this list have excellent psychology programs, but they also cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the psychology program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

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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 Psychology Schools in the Great Lakes Region For Those Making $0-$30k” list to help you make the college decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k

The colleges and universities below are the best for great lakes region psychology students whose families make $0-$30k.

Top 25 Best Value Colleges for Psychology (Income $0-$30k) in the Great Lakes Region

1
Northwestern crest
Northwestern University
Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k list. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 462 ’s psychology degrees in 2020-2021.

Northwestern not only placed well in this ranking. It is also #2 on our “Best Psychology Schools in the Great Lakes Region” list. The yearly cost to attend Northwestern University is $245 for great lakes region psychology students whose families make $0-$30k.

The undergraduate student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 0.6% 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 Psychology at Northwestern

2
UChicago crest
University of Chicago
Chicago, Illinois

Out of the 151 schools in the Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. University of Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2020-2021, this school awarded 163 ’s psychology degrees to qualified students.

As a testament to the quality of education offered at UChicago, the school also landed the #3 spot in our “Best Psychology Schools in the Great Lakes Region” ranking. It costs about $2,500 for great lakes region psychology students whose families make $0-$30k per year to attend UChicago.

The undergraduate student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%.

Read more about Psychology at UChicago

3

Out of the 151 schools in the Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #3 spot on the list. U-M is a large public school situated in Ann Arbor, Michigan. It awarded 752 ’s psychology degrees in 2020-2021.

U-M also made our “Best Psychology Schools in the Great Lakes Region” list, coming in at #5. The estimated yearly cost for University of Michigan - Ann Arbor is $2,670 for Great Lakes Region Psychology students whose families make $0-$30k.

The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 1.3% 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 Psychology at U-M

4

Out of the 151 schools in the Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Wisconsin - Madison landed the #4 spot on the list. This large school is located in Madison, Wisconsin, and it awarded 540 ’s psychology degrees in 2020-2021.

As a testament to the quality of education offered at UW - Madison, the school also landed the #6 spot in our “Best Psychology Schools in the Great Lakes Region” ranking. It costs about $3,981 for great lakes region psychology students whose families make $0-$30k per year to attend University of Wisconsin - Madison.

The school has an excellent freshman retention rate of 95%, 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 0.9%, which is much lower than the national rate of 10.1%.

Full University of Wisconsin - Madison Psychology Report

5

Out of the 151 schools in the Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #5 spot on the list. University of Illinois at Urbana-Champaign is located in Champaign, Illinois and, has a large student population. In 2020-2021, this school awarded 623 ’s psychology degrees to qualified students.

UIUC did well in our major quality rankings, too. It placed #8 on our “Best Psychology Schools in the Great Lakes Region” list. It costs about $4,858 for great lakes region psychology students whose families make $0-$30k per year to attend UIUC.

The school has an impressive undergrad student loan default rate. It’s only 2.3%, 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 94%.

Read more about Psychology at UIUC

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

University of Notre Dame landed the #6 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking. Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 120 ’s psychology degrees in 2020-2021.

Notre Dame not only placed well in this ranking. It is also #1 on our “Best Psychology Schools in the Great Lakes Region” list. It costs about $9,872 for Great Lakes Region Psychology students whose families make $0-$30k per year to attend Notre Dame.

The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default 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.

Full Notre Dame Psychology Report

7
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

Purdue University - Main Campus came in at #7 in this year’s edition of the Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking. Purdue is located in West Lafayette, Indiana and, has a large student population. In 2020-2021, this school awarded 276 ’s psychology degrees to qualified students.

Purdue not only placed well in this ranking. It is also #17 on our “Best Psychology Schools in the Great Lakes Region” list. The estimated yearly cost for Purdue University - Main Campus is $5,995 for great lakes region psychology students whose families make $0-$30k.

The school has an excellent freshman retention rate of 93%, 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 1.7%, which is much lower than the national rate of 10.1%.

Read full report on Psychology at Purdue University - Main Campus

8
Michigan State crest
Michigan State University
East Lansing, Michigan

Michigan State University landed the #8 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking. Michigan State University is a large public school situated in East Lansing, Michigan. It awarded 482 ’s psychology degrees in 2020-2021.

Michigan State also took the #12 spot in our “Best Psychology Schools in the Great Lakes Region” ranking. The yearly cost to attend Michigan State University is $6,927 for Great Lakes Region Psychology students whose families make $0-$30k.

The undergrad student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students.

Read full report on Psychology at Michigan State

9

Ohio State University - Main Campus ranked #9 on this year’s Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k list. Columbus, Ohio is the setting for this large institution of higher learning. The public school handed out ’s psychology degrees to 684 students in 2020-2021.

Ohio State did well in our major quality rankings, too. It placed #13 on our “Best Psychology Schools in the Great Lakes Region” list. The yearly cost to attend Ohio State is $7,068 for great lakes region psychology students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.

Read more about Psychology at Ohio State University - Main Campus

10

Indiana University - Purdue University - Indianapolis landed the #10 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking. This large school is located in Indianapolis, Indiana, and it awarded 232 ’s psychology degrees in 2020-2021.

It costs about $7,026 for great lakes region psychology students whose families make $0-$30k per year to attend IUPUI.

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%.

Full Indiana University - Purdue University - Indianapolis Psychology Report

11

With a ranking of #11, University of Illinois at Chicago did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out ’s psychology degrees to 502 students in 2020-2021.

UIC not only placed well in this ranking. It is also #11 on our “Best Psychology Schools in the Great Lakes Region” list. The estimated yearly cost for UIC is $10,549 for great lakes region psychology students whose families make $0-$30k.

The school has an impressive undergrad student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Full UIC Psychology Report

12
Kenyon crest
Kenyon College
Gambier, Ohio

Kenyon College came in at #12 in this year’s edition of the Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking. Kenyon is a small school located in Gambier, Ohio that handed out 36 ’s psychology degrees in 2020-2021.

As a testament to the quality of education offered at Kenyon, the school also landed the #7 spot in our “Best Psychology Schools in the Great Lakes Region” ranking. It costs about $14,958 for great lakes region psychology students whose families make $0-$30k per year to attend Kenyon.

Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The school has an impressive undergrad student loan default rate. It’s only 0.5%, which is much lower than the national rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read full report on Psychology at Kenyon College

13
Ball State crest
Ball State University
Muncie, Indiana

With a ranking of #13, Ball State University did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k list. Ball State is a large school located in Muncie, Indiana that handed out 433 ’s psychology degrees in 2020-2021.

On top of its placing in this ranking, Ball State also did well on our “Best Psychology Schools in the Great Lakes Region” list. It’s in the top 20% of all schools reviewed in that analysis. The estimated yearly cost for Ball State is $8,273 for Great Lakes Region Psychology 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%.

Full Ball State University Psychology Report

14

University of Wisconsin - La Crosse landed the #14 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking. La Crosse, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out ’s psychology degrees to 228 students in 2020-2021.

The estimated yearly cost for University of Wisconsin - La Crosse is $7,517 for Great Lakes Region Psychology students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The low undergrad student loan default rate of 1.5% 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 Psychology at University of Wisconsin - La Crosse

15
Oberlin crest
Oberlin College
Oberlin, Ohio

With a ranking of #15, Oberlin College did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k list. Oberlin, Ohio is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 45 students in 2020-2021.

Oberlin also made our “Best Psychology Schools in the Great Lakes Region” list, coming in at #25. The estimated yearly cost for Oberlin College is $8,756 for great lakes region psychology students whose families make $0-$30k.

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 undergrad student loan default rate at the school is 2.0%, which is quite low when compared to the national default rate of 10.1%.

Read more about Psychology at Oberlin College

16

University of Michigan - Dearborn landed the #16 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking. UM Dearborn is a medium-sized school located in Dearborn, Michigan that handed out 186 ’s psychology degrees in 2020-2021.

It costs about $9,113 for Great Lakes Region Psychology students whose families make $0-$30k per year to attend UM Dearborn.

The undergrad student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.

Read more about Psychology at University of Michigan - Dearborn

17
Oakland crest
Oakland University
Rochester Hills, Michigan

Oakland University landed the #17 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking. Oakland is located in Rochester Hills, Michigan and, has a fairly large student population. In 2020-2021, this school awarded 178 ’s psychology degrees to qualified students.

The estimated yearly cost for Oakland University is $8,949 for great lakes region psychology students whose families make $0-$30k.

The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read more about Psychology at Oakland University

18

Southern Illinois University Edwardsville ranked #18 on this year’s Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k list. This fairly large school is located in Edwardsville, Illinois, and it awarded 194 ’s psychology degrees in 2020-2021.

It costs about $8,047 for Great Lakes Region Psychology students whose families make $0-$30k per year to attend Southern Illinois University Edwardsville.

Full SIUE Psychology Report

19

Indiana University - Northwest did quite well in the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #19. Indiana University - Northwest is a small public school situated in Gary, Indiana. It awarded 49 ’s psychology degrees in 2020-2021.

The estimated yearly cost for Indiana University - Northwest is $2,714 for great lakes region psychology students whose families make $0-$30k.

Full IU Northwest Psychology Report

20

Miami University - Oxford did quite well in the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #20. Miami University - Oxford is a public institution located in Oxford, Ohio. The school has a fairly large population, and it awarded 302 ’s degrees in 2020-2021.

In addition to being on our great lakes region psychology students whose families make $0-$30k list, Miami University - Oxford has also earned the #14 rank in our “Best Psychology Schools in the Great Lakes Region” ranking. The yearly cost to attend Miami University - Oxford is $13,956 for Great Lakes Region Psychology students whose families make $0-$30k.

The undergrad student loan default rate at the school is 4.0%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year.

Full Miami University - Oxford Psychology Report

21
Beloit crest
Beloit College
Beloit, Wisconsin

Beloit College landed the #21 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking. Beloit College is a small private not-for-profit school situated in Beloit, Wisconsin. It awarded 21 ’s psychology degrees in 2020-2021.

It costs about $7,970 for great lakes region psychology students whose families make $0-$30k per year to attend Beloit.

The undergraduate student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an impressive undergrad student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 90%, the school does an excellent job of retaining its undergraduate students.

Read more about Psychology at Beloit College

22

University of Wisconsin - River Falls landed the #22 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking. University of Wisconsin - River Falls is a medium-sized public school situated in River Falls, Wisconsin. It awarded 96 ’s psychology degrees in 2020-2021.

The estimated yearly cost for University of Wisconsin - River Falls is $8,438 for great lakes region psychology students whose families make $0-$30k.

The low undergrad student loan default rate of 3.0% 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%.

Full UW - River Falls Psychology Report

23

University of Wisconsin - Parkside did quite well in the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #23. UW - Parkside is a public institution located in Kenosha, Wisconsin. The school has a small population, and it awarded 86 ’s degrees in 2020-2021.

It costs about $6,741 for Great Lakes Region Psychology students whose families make $0-$30k per year to attend University of Wisconsin - Parkside.

The undergrad student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.

Full UW - Parkside Psychology Report

24
Wayne State crest
Wayne State University
Detroit, Michigan

Wayne State University did quite well in the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #24. This large school is located in Detroit, Michigan, and it awarded 405 ’s psychology degrees in 2020-2021.

In addition to being on this list, Wayne State is in the top on our “Best Psychology Schools in the Great Lakes Region” list. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. The estimated yearly cost for Wayne State is $11,060 for Great Lakes Region Psychology students whose families make $0-$30k.

Read more about Psychology at Wayne State University

25

With a ranking of #25, Grand Valley State University did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $0-$30k list. Located in Allendale, Michigan, this large public school handed out 292 degrees to qualified ’s psychology students in 2020-2021.

The yearly cost to attend GVSU is $10,259 for great lakes region psychology students whose families make $0-$30k.

The undergrad student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%.

Read more about Psychology at Grand Valley State University

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