2023 Best Value Colleges for Psychology (Income $30-$48k) in the Great Lakes Region
151
Ranked Colleges
22,024
Degrees Awarded
$8,800
Avg Net Price*
When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k” ranking is part of that endeavor.
With 195,678 degrees handed out in 2020-2021, psychology is the 8th most popular major in the United States. 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 $30-$48k” ranking looked at 151 colleges that offer degrees in a bachelor’s 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.
When determining these rankings, we looked at things such as overall quality of the psychology program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
More Ways to Rank Psychology Schools
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 $30-$48k” list to help you make the college decision.
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 Psychology Schools in the Great Lakes Region For Those Making $30-$48k
The following schools top our list of the Best Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k.
Top 25 Best Value Colleges for Psychology (Income $30-$48k) in the Great Lakes Region
You’ll be in good company if you decide to attend University of Chicago. It ranked #1 on our 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k list. This fairly large school is located in Chicago, Illinois, and it awarded 163 ’s psychology degrees in 2020-2021.
UChicago also made our “Best Psychology Schools in the Great Lakes Region” list, coming in at #3. It costs about $4,777 for great lakes region psychology students whose families make $30-$48k per year to attend University of Chicago.
With a undergrad student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 100%. The low undergrad student loan default rate of 1.0% 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 Psychology at University of Chicago
Out of the 151 schools in the Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #2 spot on the list. Located in Evanston, Illinois, this large private not-for-profit school awarded 462 diplomas to qualified ’s psychology students in 2020-2021.
As a testament to the quality of education offered at Northwestern, the school also landed the #2 spot in our “Best Psychology Schools in the Great Lakes Region” ranking. The estimated yearly cost for Northwestern is $917 for Great Lakes Region Psychology students whose families make $30-$48k.
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 undergrad student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%. 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.
Full Northwestern University Psychology Report
You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #3 for the Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k. U-M is a large public school situated in Ann Arbor, Michigan. It awarded 752 ’s psychology degrees in 2020-2021.
U-M did well in our major quality rankings, too. It placed #5 on our “Best Psychology Schools in the Great Lakes Region” list. It costs about $5,670 for Great Lakes Region Psychology students whose families make $30-$48k per year to attend University of Michigan - Ann Arbor.
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 school has an impressive undergrad student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%.
Full U-M Psychology Report
You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #4 on our 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k list. This large school is located in Madison, Wisconsin, and it awarded 540 ’s psychology degrees in 2020-2021.
UW - Madison not only placed well in this ranking. It is also #6 on our “Best Psychology Schools in the Great Lakes Region” list. The yearly cost to attend University of Wisconsin - Madison is $4,788 for Great Lakes Region Psychology students whose families make $30-$48k.
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%. With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students.
Read full report on Psychology at University of Wisconsin - Madison
You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #5 on our 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k list. 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.
In addition to being on our great lakes region psychology students whose families make $30-$48k list, Purdue has also earned the #17 rank in our “Best Psychology Schools in the Great Lakes Region” ranking. The yearly cost to attend Purdue is $5,853 for great lakes region psychology students whose families make $30-$48k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 1.7% 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 Psychology at Purdue University - Main Campus
Kenyon College landed the #6 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking. Kenyon College is a private not-for-profit institution located in Gambier, Ohio. The school has a small population, and it awarded 36 ’s degrees in 2020-2021.
Kenyon also made our “Best Psychology Schools in the Great Lakes Region” list, coming in at #7. The yearly cost to attend Kenyon College is $18,974 for great lakes region psychology students whose families make $30-$48k.
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. Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The undergrad student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%.
Read more about Psychology at Kenyon College
University of Illinois at Urbana-Champaign landed the #7 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking. 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 not only placed well in this ranking. It is also #8 on our “Best Psychology Schools in the Great Lakes Region” list. The yearly cost to attend University of Illinois at Urbana-Champaign is $8,036 for great lakes region psychology students whose families make $30-$48k.
With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 2.3% 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 UIUC
University of Notre Dame landed the #8 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking. Notre Dame is located in Notre Dame, Indiana and, has a fairly large student population. In 2020-2021, this school awarded 120 ’s psychology degrees to qualified students.
Notre Dame did well in our major quality rankings, too. It placed #1 on our “Best Psychology Schools in the Great Lakes Region” list. It costs about $9,136 for great lakes region psychology students whose families make $30-$48k per year to attend University of Notre Dame.
With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. 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. 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%.
Read full report on Psychology at University of Notre Dame
Ohio State University - Main Campus ranked #9 on this year’s Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k list. Ohio State is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 684 ’s degrees 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. It costs about $8,581 for great lakes region psychology students whose families make $30-$48k per year to attend Ohio State University - Main Campus.
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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.
Full Ohio State University - Main Campus Psychology Report
Indiana University - Purdue University - Indianapolis came in at #10 in this year’s edition of the Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking. Indianapolis, Indiana is the setting for this large institution of higher learning. The public school handed out ’s psychology degrees to 232 students in 2020-2021.
It costs about $8,216 for Great Lakes Region Psychology students whose families make $30-$48k per year to attend IUPUI.
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 Psychology at IUPUI
University of Illinois at Chicago landed the #11 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking. This large school is located in Chicago, Illinois, and it awarded 502 ’s psychology degrees 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 University of Illinois at Chicago is $11,351 for great lakes region psychology students whose families make $30-$48k.
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%.
Read full report on Psychology at UIC
With a ranking of #12, Oakland University did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k list. This fairly large school is located in Rochester Hills, Michigan, and it awarded 178 ’s psychology degrees in 2020-2021.
It costs about $8,839 for Great Lakes Region Psychology students whose families make $30-$48k per year to attend Oakland University.
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
University of Michigan - Dearborn came in at #13 in this year’s edition of the Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking. Dearborn, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s psychology degrees to 186 students in 2020-2021.
The yearly cost to attend UM Dearborn is $10,465 for Great Lakes Region Psychology students whose families make $30-$48k.
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 full report on Psychology at University of Michigan - Dearborn
Beloit College did quite well in the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #14. This small school is located in Beloit, Wisconsin, and it awarded 21 ’s psychology degrees in 2020-2021.
It costs about $8,873 for great lakes region psychology students whose families make $30-$48k per year to attend Beloit.
With a freshman retention rate of 90%, the school does an excellent job of retaining its undergraduate students. 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%. The impressive undergraduate student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read more about Psychology at Beloit College
Ball State University came in at #15 in this year’s edition of the Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking. Located in Muncie, Indiana, this large public school awarded 433 degrees to qualified ’s psychology students in 2020-2021.
Ball State excels when it comes to psychology quality. It’s in the top 20% of all schools reviewed in that analysis. The yearly cost to attend Ball State University is $10,786 for great lakes region psychology 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 full report on Psychology at Ball State
University of Wisconsin - La Crosse came in at #16 in this year’s edition of the Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking. UW - La Crosse is a fairly large school located in La Crosse, Wisconsin that handed out 228 ’s psychology degrees in 2020-2021.
It costs about $10,075 for Great Lakes Region Psychology students whose families make $30-$48k per year to attend UW - La Crosse.
With a freshman retention rate of 86%, the school does an excellent job of retaining its undergraduate students. 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%.
Full UW - La Crosse Psychology Report
Oberlin College did quite well in the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #17. This small school is located in Oberlin, Ohio, and it awarded 45 ’s psychology degrees in 2020-2021.
Oberlin not only placed well in this ranking. It is also #25 on our “Best Psychology Schools in the Great Lakes Region” list. It costs about $13,745 for Great Lakes Region Psychology students whose families make $30-$48k per year to attend Oberlin College.
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%. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read full report on Psychology at Oberlin College
Indiana University - Northwest landed the #18 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking. 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 IU Northwest is $3,534 for great lakes region psychology students whose families make $30-$48k.
Read more about Psychology at IU Northwest
Southern Illinois University Edwardsville did quite well in the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #19. This fairly large school is located in Edwardsville, Illinois, and it awarded 194 ’s psychology degrees in 2020-2021.
The estimated yearly cost for Southern Illinois University Edwardsville is $8,825 for Great Lakes Region Psychology students whose families make $30-$48k.
Read full report on Psychology at SIUE
With a ranking of #20, Wayne State University did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k list. Wayne State is located in Detroit, Michigan and, has a large student population. In 2020-2021, this school awarded 405 ’s psychology degrees to qualified students.
Wayne State excels when it comes to psychology quality. It’s in the top 20% of all schools reviewed in that analysis. The yearly cost to attend Wayne State is $11,414 for great lakes region psychology students whose families make $30-$48k.
Full Wayne State University Psychology Report
With a ranking of #21, Sinclair Community College did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k list. Sinclair Community College is a public institution located in Dayton, Ohio. The school has a fairly large population, and it awarded 104 ’s degrees in 2020-2021.
It costs about $4,227 for great lakes region psychology students whose families make $30-$48k per year to attend Sinclair Community College.
Read more about Psychology at Sinclair Community College
Indiana University - East landed the #22 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking. IU East is a small school located in Richmond, Indiana that handed out 125 ’s psychology degrees in 2020-2021.
The estimated yearly cost for IU East is $6,831 for great lakes region psychology students whose families make $30-$48k.
Read more about Psychology at Indiana University - East
University of Wisconsin - River Falls did quite well in the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #23. UW - River Falls is a medium-sized school located in River Falls, Wisconsin that handed out 96 ’s psychology degrees in 2020-2021.
It costs about $9,478 for great lakes region psychology students whose families make $30-$48k per year to attend UW - River Falls.
The school has an impressive undergrad student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.
Read more about Psychology at University of Wisconsin - River Falls
Michigan State University came in at #24 in this year’s edition of the Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k ranking. This large school is located in East Lansing, Michigan, and it awarded 482 ’s psychology degrees in 2020-2021.
Michigan State not only placed well in this ranking. It is also #12 on our “Best Psychology Schools in the Great Lakes Region” list. The yearly cost to attend Michigan State University is $15,170 for Great Lakes Region Psychology students whose families make $30-$48k.
The school has an impressive undergrad student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
Read more about Psychology at Michigan State University
Grand Valley State University ranked #25 on this year’s Best Value Psychology Schools in the Great Lakes Region For Those Making $30-$48k list. Allendale, Michigan is the setting for this large institution of higher learning. The public school handed out ’s psychology degrees to 292 students in 2020-2021.
The estimated yearly cost for Grand Valley State University is $11,026 for great lakes region psychology students whose families make $30-$48k.
The low undergrad student loan default rate of 2.7% 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 Grand Valley State University Psychology Report
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