2022 Best Value Bachelor’s Degree Colleges for Psychology (Income $30-$48k) in Michigan
Students have lots of options to chooose from today when trying to decide which college to attend. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.
Psychology is one of the most popular majors in the nation, ranking 7th of all the majors we analyze. In 2019-2020, 183,889 degrees were awarded to students with this major. In 2017-2018, psychology graduates who were awarded their degree in 2015-2017, earned an average of $33,496 and had an average of $36,227 in loans still to pay off.
Across Michigan, there were 4,327 psychology graduates with average earnings and debt of $31,269 and $30,765 respectively. At the bachelor’s degree level specifically, there were 3,444 psychology graduates with average earnings and debt of $40,161 and $25,915 respectively.
This year’s “Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k” ranking analyzed 29 colleges that offered a degree in psychology. This ranking identifies schools with high-quality psychology programs that also have a lower cost than 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 psychology program at the school. Check out our ranking methodology for more information.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k” list, to help you choose the best school for you.
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. 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 Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k
The colleges and universities below are the best for michigan bachelor’s degree psychology students whose families make $30-$48k.
Top 25 Best Value Bachelor’s Degree Colleges for Psychology (Income $30-$48k) in Michigan
Out of the 29 schools in the Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. U-M is a large public school situated in Ann Arbor, Michigan. It awarded 727 bachelors’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at U-M, the school also landed the #1 spot in our “Best Psychology Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend University of Michigan - Ann Arbor is $5,887 for Michigan Bachelor’s Degree Psychology students whose families make $30-$48k.
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 student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.
Read more about Psychology at University of Michigan - Ann Arbor
Out of the 29 schools in the Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Oakland University landed the #2 spot on the list. Oakland University is located in Rochester Hills, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 156 bachelors’s psychology degrees to qualified students.
Oakland also made our “Best Psychology Bachelor’s Degree Schools in Michigan” list, coming in at #13. The yearly cost to attend Oakland is $7,751 for michigan bachelor’s degree psychology students whose families make $30-$48k.
You’ll join some of the best and brightest minds around if you attend Grand Valley State University. The school came in at #3 for the Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k. Allendale, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s psychology degrees to 233 students in 2019-2020.
GVSU also took the #3 spot in our “Best Psychology Bachelor’s Degree Schools in Michigan” ranking. It costs about $12,459 for Michigan Bachelor’s Degree Psychology students whose families make $30-$48k per year to attend Grand Valley State University.
The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.
Out of the 29 schools in the Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, University of Michigan - Dearborn landed the #4 spot on the list. Dearborn, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s psychology degrees to 135 students in 2019-2020.
UM Dearborn also made our “Best Psychology Bachelor’s Degree Schools in Michigan” list, coming in at #11. The estimated yearly cost for University of Michigan - Dearborn is $8,057 for michigan bachelor’s degree psychology students whose families make $30-$48k.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Psychology at University of Michigan - Dearborn
You’ll join some of the best and brightest minds around if you attend Wayne State University. The school came in at #5 for the Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k. Wayne State University is a public institution located in Detroit, Michigan. The school has a large population, and it awarded 316 bachelors’s degrees in 2019-2020.
Wayne State did well in our major quality rankings, too. It placed #8 on our “Best Psychology Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Wayne State University is $11,554 for michigan bachelor’s degree psychology students whose families make $30-$48k.
Ferris State University landed the #6 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Big Rapids, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s psychology degrees to 36 students in 2019-2020.
Ferris not only placed well in this ranking. It is also #16 on our “Best Psychology Bachelor’s Degree Schools in Michigan” list. It costs about $10,521 for Michigan Bachelor’s Degree Psychology students whose families make $30-$48k per year to attend Ferris.
Central Michigan University came in at #7 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. This fairly large school is located in Mount Pleasant, Michigan, and it awarded 336 bachelors’s psychology degrees in 2019-2020.
Central Michigan not only placed well in this ranking. It is also #7 on our “Best Psychology Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Central Michigan is $12,127 for Michigan Bachelor’s Degree Psychology students whose families make $30-$48k.
Michigan State University ranked #8 on this year’s Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. This large school is located in East Lansing, Michigan, and it awarded 385 bachelors’s psychology degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree psychology students whose families make $30-$48k list, Michigan State has also earned the #2 rank in our “Best Psychology Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Michigan State University is $15,197 for Michigan Bachelor’s Degree Psychology students whose families make $30-$48k.
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 student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
University of Detroit Mercy did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking, coming in at #9. University of Detroit Mercy is a private not-for-profit institution located in Detroit, Michigan. The school has a small population, and it awarded 29 bachelors’s degrees in 2019-2020.
Detroit Mercy not only placed well in this ranking. It is also #10 on our “Best Psychology Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Detroit Mercy is $15,023 for michigan bachelor’s degree psychology students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 3.5%, 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 86%.
Lake Superior State University did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking, coming in at #10. Sault Ste Marie, Michigan is the setting for this small institution of higher learning. The public school handed out bachelors’s psychology degrees to 14 students in 2019-2020.
Lake Superior State University also made our “Best Psychology Bachelor’s Degree Schools in Michigan” list, coming in at #18. It costs about $9,640 for michigan bachelor’s degree psychology students whose families make $30-$48k per year to attend Lake Superior State University.
University of Michigan - Flint landed the #11 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Located in Flint, Michigan, this medium-sized public school awarded 93 diplomas to qualified bachelors’s psychology students in 2019-2020.
The yearly cost to attend UM Flint is $9,512 for Michigan Bachelor’s Degree Psychology students whose families make $30-$48k.
Albion College did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking, coming in at #12. This small school is located in Albion, Michigan, and it awarded 35 bachelors’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at Albion, the school also landed the #14 spot in our “Best Psychology Bachelor’s Degree Schools in Michigan” ranking. It costs about $12,541 for michigan bachelor’s degree psychology students whose families make $30-$48k per year to attend Albion College.
Northern Michigan University landed the #13 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. This medium-sized school is located in Marquette, Michigan, and it awarded 49 bachelors’s psychology degrees in 2019-2020.
Northern Michigan University did well in our major quality rankings, too. It placed #24 on our “Best Psychology Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Northern Michigan University is $11,723 for michigan bachelor’s degree psychology students whose families make $30-$48k.
Eastern Michigan University landed the #14 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Eastern Michigan is a fairly large public school situated in Ypsilanti, Michigan. It awarded 201 bachelors’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at Eastern Michigan, the school also landed the #15 spot in our “Best Psychology Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Eastern Michigan is $14,136 for michigan bachelor’s degree psychology students whose families make $30-$48k.
Saginaw Valley State University landed the #15 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Saginaw Valley State University is a medium-sized school located in University Center, Michigan that handed out 58 bachelors’s psychology degrees in 2019-2020.
Saginaw Valley State University also made our “Best Psychology Bachelor’s Degree Schools in Michigan” list, coming in at #25. It costs about $11,734 for Michigan Bachelor’s Degree Psychology students whose families make $30-$48k per year to attend Saginaw Valley State University.
Western Michigan University ranked #16 on this year’s Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Located in Kalamazoo, Michigan, this fairly large public school handed out 172 diplomas to qualified bachelors’s psychology students in 2019-2020.
In addition to being on our michigan bachelor’s degree psychology students whose families make $30-$48k list, WMU has also earned the #12 rank in our “Best Psychology Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Western Michigan University is $15,276 for michigan bachelor’s degree psychology students whose families make $30-$48k.
Kalamazoo College ranked #17 on this year’s Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Kalamazoo College is a private not-for-profit institution located in Kalamazoo, Michigan. The school has a small population, and it awarded 42 bachelors’s degrees in 2019-2020.
K College also made our “Best Psychology Bachelor’s Degree Schools in Michigan” list, coming in at #6. The estimated yearly cost for Kalamazoo College is $16,574 for Michigan Bachelor’s Degree Psychology students whose families make $30-$48k.
The low student loan default rate of 1.2% 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%.
Baker College did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking, coming in at #18. Baker College is a private not-for-profit institution located in Owosso, Michigan. The school has a medium-sized population, and it awarded 30 bachelors’s degrees in 2019-2020.
It costs about $13,867 for Michigan Bachelor’s Degree Psychology students whose families make $30-$48k per year to attend Baker College.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Madonna University ranked #19 on this year’s Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Madonna is a small school located in Livonia, Michigan that handed out 10 bachelors’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at Madonna, the school also landed the #23 spot in our “Best Psychology Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Madonna University is $16,625 for Michigan Bachelor’s Degree Psychology students whose families make $30-$48k.
Hope College came in at #20 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Hope is a small private not-for-profit school situated in Holland, Michigan. It awarded 87 bachelors’s psychology degrees in 2019-2020.
Hope also made our “Best Psychology Bachelor’s Degree Schools in Michigan” list, coming in at #5. It costs about $17,573 for michigan bachelor’s degree psychology students whose families make $30-$48k per year to attend Hope.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%.
Alma College did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking, coming in at #21. Alma College is located in Alma, Michigan and, has a small student population. In 2019-2020, this school awarded 23 bachelors’s psychology degrees to qualified students.
Alma also made our “Best Psychology Bachelor’s Degree Schools in Michigan” list, coming in at #9. It costs about $18,963 for michigan bachelor’s degree psychology students whose families make $30-$48k per year to attend Alma.
Andrews University did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking, coming in at #22. Andrews is a small school located in Berrien Springs, Michigan that handed out 23 bachelors’s psychology degrees in 2019-2020.
Andrews not only placed well in this ranking. It is also #17 on our “Best Psychology Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Andrews is $20,330 for Michigan Bachelor’s Degree Psychology students whose families make $30-$48k.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students. The student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Aquinas College Michigan ranked #23 on this year’s Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Grand Rapids, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s psychology degrees to 21 students in 2019-2020.
Aquinas College Michigan also made our “Best Psychology Bachelor’s Degree Schools in Michigan” list, coming in at #19. It costs about $14,125 for michigan bachelor’s degree psychology students whose families make $30-$48k per year to attend Aquinas College Michigan.
Rochester University did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking, coming in at #24. Rochester University is located in Rochester Hills, Michigan and, has a small student population. In 2019-2020, this school awarded 21 bachelors’s psychology degrees to qualified students.
In addition to being on our michigan bachelor’s degree psychology students whose families make $30-$48k list, RU has also earned the #22 rank in our “Best Psychology Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Rochester University is $14,628 for Michigan Bachelor’s Degree Psychology students whose families make $30-$48k.
Calvin University landed the #25 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Located in Grand Rapids, Michigan, this small private not-for-profit school handed out 48 degrees to qualified bachelors’s psychology students in 2019-2020.
Calvin also took the #4 spot in our “Best Psychology Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Calvin University is $21,920 for michigan bachelor’s degree psychology students whose families make $30-$48k.
The student loan default rate at the school is 1.6%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
- Best Value Bachelor’s Degree Colleges for Psychology (Income $30-$48k) in the Great Lakes Region
- Best Value Bachelor’s Degree Colleges for Psychology (Income $30-$48k)
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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.
Credits
- Credit for the banner image above goes to Nevit Dilmen.
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