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2022 Best Value Bachelor’s Degree Colleges for Psychology (Income $48-$75k) in Indiana

32 Ranked Colleges
2,492 Degrees Awarded
$28,500 Avg Salary
Best Value Psychology Schools for a Bachelor's in Indiana For Those Making $48-$75k

When pursuing a degree in today’s world, students have many different options to choose from. 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 Indiana For Those Making $48-$75k” 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 Indiana, there were 3,157 psychology graduates with average earnings and debt of $30,743 and $30,757 respectively. At the bachelor’s degree level specifically, there were 2,492 psychology graduates with average earnings and debt of $39,620 and $24,786 respectively.

This year’s “Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k” ranking looked at 32 colleges that offer degrees in a bachelor’s in psychology. This ranking identifies schools with high-quality psychology programs that also have a lower cost than 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.

One Size Does Not Fit All

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 Indiana For Those Making $48-$75k” list, to help you choose the best school for you.

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 Indiana For Those Making $48-$75k

The following schools top our list of the Best Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k.

Top 25 Best Value Bachelor’s Degree Colleges for Psychology (Income $48-$75k) in Indiana

#1

University of Notre Dame

Notre Dame, Indiana
#1 in overall quality

You’ll be in good company if you decide to attend University of Notre Dame. It ranked #1 on our 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s psychology degrees to 84 students in 2019-2020.

Notre Dame did well in our major quality rankings, too. It placed #1 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. It costs about $17,768 for indiana bachelor’s degree psychology students whose families make $48-$75k per year to attend Notre Dame.

The low student loan default rate of 0.7% 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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The 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.

Read full report on Psychology at University of Notre Dame

#2

Purdue University - Main Campus

West Lafayette, Indiana
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #2 for the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k. Purdue University - Main Campus is a large public school situated in West Lafayette, Indiana. It awarded 219 bachelors’s psychology degrees in 2019-2020.

In addition to being on our indiana bachelor’s degree psychology students whose families make $48-$75k list, Purdue has also earned the #3 rank in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Purdue University - Main Campus is $9,654 for indiana bachelor’s degree psychology students whose families make $48-$75k.

The low student loan default rate of 2.2% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Read more about Psychology at Purdue University - Main Campus

#3

Indiana University - Bloomington

Bloomington, Indiana
#2 in overall quality

Out of the 32 schools in the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k that were part of this year’s ranking, Indiana University - Bloomington landed the #3 spot on the list. Located in Bloomington, Indiana, this large public school awarded 293 degrees to qualified bachelors’s psychology students in 2019-2020.

As a testament to the quality of education offered at IU Bloomington, the school also landed the #2 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. It costs about $12,060 for Indiana Bachelor’s Degree Psychology students whose families make $48-$75k per year to attend Indiana University - Bloomington.

Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The low student loan default rate of 4.3% 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 IU Bloomington

Out of the 32 schools in the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k that were part of this year’s ranking, Indiana University - Northwest landed the #4 spot on the list. Indiana University - Northwest is a small school located in Gary, Indiana that handed out 41 bachelors’s psychology degrees in 2019-2020.

The estimated yearly cost for Indiana University - Northwest is $9,473 for Indiana Bachelor’s Degree Psychology students whose families make $48-$75k.

Read more about Psychology at Indiana University - Northwest

#5 in overall quality

Out of the 32 schools in the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k that were part of this year’s ranking, Indiana University - Purdue University - Indianapolis landed the #5 spot on the list. This large school is located in Indianapolis, Indiana, and it awarded 228 bachelors’s psychology degrees in 2019-2020.

As a testament to the quality of education offered at IUPUI, the school also landed the #5 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. It costs about $12,314 for indiana bachelor’s degree psychology students whose families make $48-$75k per year to attend Indiana University - Purdue University - Indianapolis.

Full IUPUI Psychology Report

#6

Indiana University - South Bend

South Bend, Indiana

Indiana University - South Bend came in at #6 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking. This small school is located in South Bend, Indiana, and it awarded 28 bachelors’s psychology degrees in 2019-2020.

It costs about $10,585 for Indiana Bachelor’s Degree Psychology students whose families make $48-$75k per year to attend Indiana University - South Bend.

Read full report on Psychology at Indiana University - South Bend

#7

Ball State University

Muncie, Indiana
#8 in overall quality

With a ranking of #7, Ball State University did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. Ball State is a public institution located in Muncie, Indiana. The school has a large population, and it awarded 145 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at Ball State, the school also landed the #8 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Ball State University is $15,185 for indiana bachelor’s degree psychology students whose families make $48-$75k.

Full Ball State University Psychology Report

#8

Purdue University Northwest

Hammond, Indiana
#18 in overall quality

Purdue University Northwest did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking, coming in at #8. Located in Hammond, Indiana, this medium-sized public school awarded 56 diplomas to qualified bachelors’s psychology students in 2019-2020.

Purdue Northwest not only placed well in this ranking. It is also #18 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Purdue Northwest is $13,449 for Indiana Bachelor’s Degree Psychology students whose families make $48-$75k.

Full Purdue Northwest Psychology Report

#9

Indiana University - Southeast

New Albany, Indiana
#17 in overall quality

With a ranking of #9, Indiana University - Southeast did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. Indiana University - Southeast is a public institution located in New Albany, Indiana. The school has a small population, and it awarded 84 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at Indiana University - Southeast, the school also landed the #17 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Indiana University - Southeast is $12,387 for Indiana Bachelor’s Degree Psychology students whose families make $48-$75k.

Full Indiana University - Southeast Psychology Report

#10

Indiana University - Kokomo

Kokomo, Indiana

Indiana University - Kokomo did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking, coming in at #10. IU Kokomo is a small public school situated in Kokomo, Indiana. It awarded 22 bachelors’s psychology degrees in 2019-2020.

The yearly cost to attend IU Kokomo is $10,869 for Indiana Bachelor’s Degree Psychology students whose families make $48-$75k.

Read full report on Psychology at IU Kokomo

#11

Indiana University - East

Richmond, Indiana

Indiana University - East ranked #11 on this year’s Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. IU East is a small public school situated in Richmond, Indiana. It awarded 104 bachelors’s psychology degrees in 2019-2020.

It costs about $9,723 for indiana bachelor’s degree psychology students whose families make $48-$75k per year to attend IU East.

Read full report on Psychology at IU East

#12

University of Southern Indiana

Evansville, Indiana
#15 in overall quality

University of Southern Indiana landed the #12 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking. University of Southern Indiana is a fairly large public school situated in Evansville, Indiana. It awarded 110 bachelors’s psychology degrees in 2019-2020.

USI not only placed well in this ranking. It is also #15 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend University of Southern Indiana is $14,686 for indiana bachelor’s degree psychology students whose families make $48-$75k.

The low student loan default rate of 5.0% 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 Southern Indiana

#13

Saint Mary's College

Notre Dame, Indiana
#7 in overall quality

Saint Mary’s College landed the #13 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking. Saint Mary’s College is located in Notre Dame, Indiana and, has a small student population. In 2019-2020, this school awarded 32 bachelors’s psychology degrees to qualified students.

St. Mary’s College not only placed well in this ranking. It is also #7 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Saint Mary’s College is $17,735 for indiana 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 85%. The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%. Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full St. Mary’s College Psychology Report

#14

Purdue University Fort Wayne

Fort Wayne, Indiana

Purdue University Fort Wayne did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking, coming in at #14. Purdue University Fort Wayne is located in Fort Wayne, Indiana 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 Purdue University Fort Wayne is $12,023 for Indiana Bachelor’s Degree Psychology students whose families make $48-$75k.

Read more about Psychology at PFW

#15

Indiana State University

Terre Haute, Indiana
#19 in overall quality

Indiana State University ranked #15 on this year’s Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. Indiana State is located in Terre Haute, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 119 bachelors’s psychology degrees to qualified students.

In addition to being on our indiana bachelor’s degree psychology students whose families make $48-$75k list, Indiana State has also earned the #19 rank in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Indiana State is $15,380 for Indiana Bachelor’s Degree Psychology students whose families make $48-$75k.

Full Indiana State University Psychology Report

#16

Taylor University

Upland, Indiana
#4 in overall quality

Taylor University landed the #16 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking. This small school is located in Upland, Indiana, and it awarded 20 bachelors’s psychology degrees in 2019-2020.

As a testament to the quality of education offered at Taylor U, the school also landed the #4 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Taylor University is $22,891 for indiana bachelor’s degree psychology students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 1.9%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.

Read more about Psychology at Taylor University

#17

Manchester University

North Manchester, Indiana
#23 in overall quality

With a ranking of #17, Manchester University did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. Located in North Manchester, Indiana, this small private not-for-profit school handed out 16 degrees to qualified bachelors’s psychology students in 2019-2020.

Manchester University also took the #23 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Manchester University is $16,934 for Indiana Bachelor’s Degree Psychology students whose families make $48-$75k.

Full Manchester University Psychology Report

#18

Hanover College

Hanover, Indiana
#16 in overall quality

Hanover College came in at #18 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking. Hanover is located in Hanover, Indiana and, has a small student population. In 2019-2020, this school awarded 19 bachelors’s psychology degrees to qualified students.

Hanover not only placed well in this ranking. It is also #16 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. It costs about $19,171 for Indiana Bachelor’s Degree Psychology students whose families make $48-$75k per year to attend Hanover College.

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%.

Read more about Psychology at Hanover College

#19

University of Indianapolis

Indianapolis, Indiana
#11 in overall quality

University of Indianapolis ranked #19 on this year’s Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. This medium-sized school is located in Indianapolis, Indiana, and it awarded 82 bachelors’s psychology degrees in 2019-2020.

UIndy also took the #11 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend UIndy is $20,126 for indiana bachelor’s degree psychology students whose families make $48-$75k.

Read more about Psychology at University of Indianapolis

#20

Earlham College

Richmond, Indiana
#24 in overall quality

Earlham College came in at #20 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking. Earlham College is a small school located in Richmond, Indiana that handed out 12 bachelors’s psychology degrees in 2019-2020.

In addition to being on our indiana bachelor’s degree psychology students whose families make $48-$75k list, Earlham has also earned the #24 rank in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. It costs about $15,854 for Indiana Bachelor’s Degree Psychology students whose families make $48-$75k per year to attend Earlham.

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%. The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Full Earlham Psychology Report

#21

Marian University

Indianapolis, Indiana

Marian University came in at #21 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking. Marian is located in Indianapolis, Indiana and, has a small student population. In 2019-2020, this school awarded 13 bachelors’s psychology degrees to qualified students.

The yearly cost to attend Marian is $19,470 for indiana bachelor’s degree psychology students whose families make $48-$75k.

Read more about Psychology at Marian

#22

University of Evansville

Evansville, Indiana
#10 in overall quality

University of Evansville landed the #22 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking. UE is a small school located in Evansville, Indiana that handed out 22 bachelors’s psychology degrees in 2019-2020.

In addition to being on our indiana bachelor’s degree psychology students whose families make $48-$75k list, UE has also earned the #10 rank in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend University of Evansville is $18,455 for indiana bachelor’s degree psychology students whose families make $48-$75k.

The low student loan default rate of 3.3% 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%. The 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. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Read more about Psychology at University of Evansville

#23

Huntington University

Huntington, Indiana
#20 in overall quality

Huntington University did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking, coming in at #23. Huntington University is a small private not-for-profit school situated in Huntington, Indiana. It awarded 12 bachelors’s psychology degrees in 2019-2020.

Huntington also took the #20 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Huntington is $21,145 for Indiana Bachelor’s Degree Psychology students whose families make $48-$75k.

Read more about Psychology at Huntington

#24

DePauw University

Greencastle, Indiana
#6 in overall quality

DePauw University ranked #24 on this year’s Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. Located in Greencastle, Indiana, this small private not-for-profit school handed out 32 diplomas to qualified bachelors’s psychology students in 2019-2020.

DePauw did well in our major quality rankings, too. It placed #6 on our “Best Psychology Bachelor’s Degree Schools in Indiana” list. It costs about $18,183 for Indiana Bachelor’s Degree Psychology students whose families make $48-$75k per year to attend DePauw.

The low student loan default rate of 2.5% 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%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read more about Psychology at DePauw University

#25

Franklin College

Franklin, Indiana
#22 in overall quality

Franklin College landed the #25 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking. Franklin College of Indiana is a private not-for-profit institution located in Franklin, Indiana. The school has a small population, and it awarded 12 bachelors’s degrees in 2019-2020.

Franklin College of Indiana also took the #22 spot in our “Best Psychology Bachelor’s Degree Schools in Indiana” ranking. It costs about $21,730 for indiana bachelor’s degree psychology students whose families make $48-$75k per year to attend Franklin College.

Read more about Psychology at Franklin College of Indiana

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.

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