2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k
It’s not easy to decide which college to attend when there so many options available for students. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking - to help you make that decision.
With 183,889 degrees handed out in 2019-2020, psychology is the 7th most popular major in the United States. 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 the Great Lakes region, there were 21,399 psychology graduates with average earnings and debt of $32,672 and $37,284 respectively. At the bachelor’s degree level specifically, there were 16,032 psychology graduates with average earnings and debt of $39,075 and $25,381 respectively.
This year’s “Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking looked at 179 colleges that offer degrees in a bachelor’s in psychology. The schools that top this list are recognized because they have great psychology programs and 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. For more information, check out our ranking methodology.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k
The colleges and universities below are the best for great lakes region bachelor’s degree psychology students whose families make $48-$75k.
Top 25 Best Value Bachelor’s Degree Colleges for Psychology (Income $48-$75k) in the Great Lakes Region
You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 190 bachelors’s psychology degrees in 2019-2020.
Northwestern also made our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #2. The yearly cost to attend Northwestern is $6,452 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 0.8%, 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. The 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.
You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #2 for the Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k. Located in Chicago, Illinois, this fairly large private not-for-profit school awarded 119 degrees to qualified bachelors’s psychology students in 2019-2020.
UChicago did well in our major quality rankings, too. It placed #3 on our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend University of Chicago is $7,934 for great lakes region bachelor’s degree psychology students whose families make $48-$75k.
The impressive student-to-faculty ratio of 5 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an impressive student loan default rate. It’s only 0.6%, 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 100%.
You’ll join some of the best and brightest minds around if you attend University of Notre Dame. The school came in at #3 for the Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k. University of Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 84 bachelors’s psychology degrees in 2019-2020.
Notre Dame not only placed well in this ranking. It is also #1 on our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $17,768 for great lakes region bachelor’s degree psychology students whose families make $48-$75k per year to attend University of Notre Dame.
The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.
Out of the 179 schools in the Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, University of Wisconsin - Madison landed the #4 spot on the list. Located in Madison, Wisconsin, this large public school awarded 463 degrees to qualified bachelors’s psychology students in 2019-2020.
As a testament to the quality of education offered at UW - Madison, the school also landed the #4 spot in our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Wisconsin - Madison is $13,227 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $48-$75k.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The low student loan default rate of 0.8% 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%.
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #5 on our 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 727 bachelors’s psychology degrees in 2019-2020.
U-M also made our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #5. The yearly cost to attend University of Michigan - Ann Arbor is $10,028 for great lakes region bachelor’s degree psychology students whose families make $48-$75k.
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%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
Read more about Psychology at University of Michigan - Ann Arbor
Purdue University - Main Campus did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #6. This large school is located in West Lafayette, Indiana, and it awarded 219 bachelors’s psychology degrees in 2019-2020.
In addition to being on this list, Purdue is in the top on our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list. It’s in the top 15% of all schools reviewed in that analysis. The estimated yearly cost for Purdue University - Main Campus is $9,654 for great lakes region bachelor’s degree psychology students whose families make $48-$75k.
The student loan default rate at the school is 2.2%, 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 93%.
Read full report on Psychology at Purdue University - Main Campus
Indiana University - Bloomington ranked #7 on this year’s Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. IU Bloomington is a public institution located in Bloomington, Indiana. The school has a large population, and it awarded 293 bachelors’s degrees in 2019-2020.
IU Bloomington not only placed well in this ranking. It is also #10 on our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Indiana University - Bloomington is $12,060 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The school has an impressive student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%.
University of Illinois at Urbana-Champaign landed the #8 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s psychology degrees to 542 students in 2019-2020.
UIUC also made our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #19. The estimated yearly cost for University of Illinois at Urbana-Champaign is $13,351 for great lakes region bachelor’s degree psychology students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
University of Wisconsin - La Crosse landed the #9 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in La Crosse, Wisconsin, this fairly large public school handed out 207 diplomas to qualified bachelors’s psychology students in 2019-2020.
UW - La Crosse not only placed well in this ranking. It is also #11 on our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $13,304 for great lakes region bachelor’s degree psychology students whose families make $48-$75k per year to attend University of Wisconsin - La Crosse.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. 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%.
Ohio State University - Main Campus landed the #10 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Ohio State University - Main Campus is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 550 bachelors’s degrees in 2019-2020.
Ohio State also made our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #12. The estimated yearly cost for Ohio State is $13,982 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $48-$75k.
The student loan default rate at the school is 4.4%, 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 94%.
University of Illinois at Chicago came in at #11 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. UIC is a large public school situated in Chicago, Illinois. It awarded 459 bachelors’s psychology degrees in 2019-2020.
UIC did well in our major quality rankings, too. It placed #13 on our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for University of Illinois at Chicago is $13,683 for great lakes region bachelor’s degree psychology students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
With a ranking of #12, Franklin University did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Located in Columbus, Ohio, this medium-sized private not-for-profit school handed out 36 degrees to qualified bachelors’s psychology students in 2019-2020.
The yearly cost to attend Franklin University is $11,869 for great lakes region bachelor’s degree psychology students whose families make $48-$75k.
With a ranking of #13, University of Wisconsin - Whitewater did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. University of Wisconsin - Whitewater is a public institution located in Whitewater, Wisconsin. The school has a fairly large population, and it awarded 105 bachelors’s degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree psychology students whose families make $48-$75k list, UW - Whitewater has also earned the #20 rank in our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Wisconsin - Whitewater is $14,941 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $48-$75k.
Beloit College did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #14. Beloit is a small private not-for-profit school situated in Beloit, Wisconsin. It awarded 39 bachelors’s psychology degrees in 2019-2020.
The yearly cost to attend Beloit College is $10,769 for great lakes region bachelor’s degree psychology students whose families make $48-$75k.
With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.9% 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%.
Indiana University - Northwest ranked #15 on this year’s Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. This small school is located in Gary, Indiana, and it awarded 41 bachelors’s psychology degrees in 2019-2020.
The estimated yearly cost for Indiana University - Northwest is $9,473 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $48-$75k.
Read more about Psychology at Indiana University - Northwest
Wright State University - Lake Campus landed the #16 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Wright State University - Lake Campus is a small public school situated in Celina, Ohio. It awarded 6 bachelors’s psychology degrees in 2019-2020.
The yearly cost to attend Wright State University - Lake Campus is $12,664 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $48-$75k.
Full Wright State University - Lake Campus Psychology Report
Indiana University - Purdue University - Indianapolis did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #17. IUPUI is located in Indianapolis, Indiana and, has a large student population. In 2019-2020, this school awarded 228 bachelors’s psychology degrees to qualified students.
The yearly cost to attend Indiana University - Purdue University - Indianapolis is $12,314 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $48-$75k.
Full Indiana University - Purdue University - Indianapolis Psychology Report
University of Wisconsin - Green Bay ranked #18 on this year’s Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. University of Wisconsin - Green Bay is a public institution located in Green Bay, Wisconsin. The school has a medium-sized population, and it awarded 149 bachelors’s degrees in 2019-2020.
The yearly cost to attend University of Wisconsin - Green Bay is $14,584 for great lakes region bachelor’s degree psychology students whose families make $48-$75k.
University of Illinois at Springfield landed the #19 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. This small school is located in Springfield, Illinois, and it awarded 61 bachelors’s psychology degrees in 2019-2020.
It costs about $11,857 for great lakes region bachelor’s degree psychology students whose families make $48-$75k per year to attend University of Illinois at Springfield.
Read more about Psychology at University of Illinois at Springfield
University of Michigan - Dearborn ranked #20 on this year’s Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. UM Dearborn is a medium-sized school located in Dearborn, Michigan that handed out 135 bachelors’s psychology degrees in 2019-2020.
The estimated yearly cost for University of Michigan - Dearborn is $10,553 for great lakes region bachelor’s degree psychology students whose families make $48-$75k.
The low student loan default rate of 4.5% 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%.
Northern Illinois University came in at #21 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Northern Illinois University is a fairly large public school situated in Dekalb, Illinois. It awarded 188 bachelors’s psychology degrees in 2019-2020.
The estimated yearly cost for NIU is $18,346 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $48-$75k.
With a ranking of #22, University of Wisconsin - Eau Claire did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Eau Claire, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s psychology degrees to 135 students in 2019-2020.
In addition to being on this list, UW - Eau Claire is in the top on our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list. It’s ranked in the top 20% of all schools on our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend University of Wisconsin - Eau Claire is $14,887 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $48-$75k.
Oakland University did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #23. Oakland University is a fairly large school located in Rochester Hills, Michigan that handed out 156 bachelors’s psychology degrees in 2019-2020.
The estimated yearly cost for Oakland is $10,387 for Great Lakes Region Bachelor’s Degree Psychology students whose families make $48-$75k.
Wheaton College Illinois landed the #24 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Wheaton College Illinois is a private not-for-profit institution located in Wheaton, Illinois. The school has a small population, and it awarded 34 bachelors’s degrees in 2019-2020.
Wheaton College Illinois not only placed well in this ranking. It is also #8 on our “Best Psychology Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Wheaton College Illinois is $19,691 for great lakes region bachelor’s degree psychology students whose families make $48-$75k.
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. With a freshman retention rate of 90%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.
University of Wisconsin - River Falls did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #25. University of Wisconsin - River Falls is located in River Falls, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 64 bachelors’s psychology degrees to qualified students.
The yearly cost to attend University of Wisconsin - River Falls is $13,474 for great lakes region bachelor’s degree psychology students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.
Rest of the Best 27 in Best Value Psychology Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k
Not only did these schools make the top 27 list, but they also landed in the top 15% of this year’s ranking:
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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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