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2023 Best Value Colleges for Psychology (Income $48-$75k) in the Great Lakes Region

150 Ranked Colleges
22,024 Degrees Awarded
Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k

When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k” ranking.

Psychology is one of the most popular majors in the nation, ranking 8th of all the majors we analyze. In 2020-2021, 195,678 degrees were awarded to students with this major. 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 $48-$75k” ranking analyzed 150 colleges that offered a degree in psychology. The schools that top this list are recognized because they have great psychology programs and 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. See our ranking methodology to learn more.

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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 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 College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest 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 in the Great Lakes Region For Those Making $48-$75k

The following schools top our list of the Best Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k.

Top 25 Best Value Colleges for Psychology (Income $48-$75k) 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 $48-$75k list. Northwestern is a large school located in Evanston, Illinois that handed out 462 ’s psychology degrees in 2020-2021.

Northwestern also made our “Best Psychology Schools in the Great Lakes Region” list, coming in at #2. The yearly cost to attend Northwestern is $5,849 for great lakes region psychology students whose families make $48-$75k.

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 impressive undergraduate student-to-faculty ratio of 6 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 Northwestern

2
UChicago crest
University of Chicago
Chicago, Illinois

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 in the Great Lakes Region For Those Making $48-$75k. UChicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 163 ’s psychology degrees in 2020-2021.

UChicago also took the #3 spot in our “Best Psychology Schools in the Great Lakes Region” ranking. It costs about $8,375 for great lakes region psychology students whose families make $48-$75k 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 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 100%.

Read full report on Psychology at University of Chicago

3

Out of the 150 schools in the Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k 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.

In addition to being on our great lakes region psychology students whose families make $48-$75k list, U-M has also earned the #5 rank in our “Best Psychology Schools in the Great Lakes Region” ranking. The estimated yearly cost for U-M is $10,481 for Great Lakes Region Psychology students whose families make $48-$75k.

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 University of Michigan - Ann Arbor Psychology Report

4

You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Madison. The school came in at #4 for the Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k. University of Wisconsin - Madison is located in Madison, Wisconsin and, has a large student population. In 2020-2021, this school awarded 540 ’s psychology degrees to qualified students.

In addition to being on our great lakes region psychology students whose families make $48-$75k list, UW - Madison has also earned the #6 rank in our “Best Psychology Schools in the Great Lakes Region” ranking. The estimated yearly cost for UW - Madison is $10,364 for great lakes region psychology students whose families make $48-$75k.

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 undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%.

Full UW - Madison Psychology Report

5
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #5 for the Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k. Purdue is a large school located in West Lafayette, Indiana that handed out 276 ’s psychology degrees in 2020-2021.

Purdue also took the #17 spot in our “Best Psychology Schools in the Great Lakes Region” ranking. The yearly cost to attend Purdue University - Main Campus is $8,450 for great lakes region psychology students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Psychology at Purdue University - Main Campus

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

University of Notre Dame ranked #6 on this year’s Best Value Psychology Schools in the Great Lakes Region 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 ’s psychology degrees to 120 students 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. The estimated yearly cost for University of Notre Dame is $14,020 for great lakes region psychology students whose families make $48-$75k.

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. The low undergrad 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Read more about Psychology at University of Notre Dame

7
Kenyon crest
Kenyon College
Gambier, Ohio

Kenyon College ranked #7 on this year’s Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k list. Kenyon is located in Gambier, Ohio and, has a small student population. In 2020-2021, this school awarded 36 ’s psychology degrees to qualified students.

In addition to being on our great lakes region psychology students whose families make $48-$75k list, Kenyon has also earned the #7 rank in our “Best Psychology Schools in the Great Lakes Region” ranking. It costs about $20,727 for Great Lakes Region Psychology students whose families make $48-$75k per year to attend Kenyon College.

Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The low undergrad student loan default rate of 0.5% 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 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 Kenyon Psychology Report

8

University of Illinois at Urbana-Champaign landed the #8 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k ranking. Located in Champaign, Illinois, this large public school handed out 623 diplomas to qualified ’s psychology students in 2020-2021.

UIUC did well in our major quality rankings, too. It placed #8 on our “Best Psychology Schools in the Great Lakes Region” list. The yearly cost to attend University of Illinois at Urbana-Champaign is $11,505 for Great Lakes Region Psychology students whose families make $48-$75k.

The undergrad student loan default rate at the school is 2.3%, 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%.

Read more about Psychology at University of Illinois at Urbana-Champaign

9

University of Illinois at Chicago landed the #9 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k ranking. UIC is a large public school situated in Chicago, Illinois. 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 UIC is $14,105 for Great Lakes Region Psychology students whose families make $48-$75k.

The undergrad student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.

Read more about Psychology at University of Illinois at Chicago

10

Ohio State University - Main Campus landed the #10 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k ranking. This large school is located in Columbus, Ohio, and it awarded 684 ’s psychology degrees in 2020-2021.

As a testament to the quality of education offered at Ohio State, the school also landed the #13 spot in our “Best Psychology Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio State University - Main Campus is $13,273 for great lakes region psychology students whose families make $48-$75k.

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.

Read more about Psychology at Ohio State

11
Oakland crest
Oakland University
Rochester Hills, Michigan

With a ranking of #11, Oakland University did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k list. Located in Rochester Hills, Michigan, this fairly large public school awarded 178 diplomas to qualified ’s psychology students in 2020-2021.

The estimated yearly cost for Oakland is $12,008 for great lakes region psychology students whose families make $48-$75k.

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 full report on Psychology at Oakland

12

University of Michigan - Dearborn came in at #12 in this year’s edition of the Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k ranking. This medium-sized school is located in Dearborn, Michigan, and it awarded 186 ’s psychology degrees in 2020-2021.

The estimated yearly cost for UM Dearborn is $12,398 for Great Lakes Region Psychology students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.

Read full report on Psychology at University of Michigan - Dearborn

13
Beloit crest
Beloit College
Beloit, Wisconsin

Beloit College landed the #13 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k ranking. This small school is located in Beloit, Wisconsin, and it awarded 21 ’s psychology degrees in 2020-2021.

The yearly cost to attend Beloit is $10,850 for Great Lakes Region Psychology students whose families make $48-$75k.

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. 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 undergrad student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Psychology at Beloit College

14

With a ranking of #14, Indiana University - Purdue University - Indianapolis did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k list. Indiana University - Purdue University - Indianapolis is a large public school situated in Indianapolis, Indiana. It awarded 232 ’s psychology degrees in 2020-2021.

The yearly cost to attend Indiana University - Purdue University - Indianapolis is $13,306 for Great Lakes Region Psychology students whose families make $48-$75k.

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%.

Read full report on Psychology at IUPUI

15

With a ranking of #15, University of Wisconsin - La Crosse did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k list. This fairly large school is located in La Crosse, Wisconsin, and it awarded 228 ’s psychology degrees in 2020-2021.

The estimated yearly cost for University of Wisconsin - La Crosse is $13,198 for great lakes region psychology students whose families make $48-$75k.

With a freshman retention rate of 86%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%.

Full UW - La Crosse Psychology Report

16
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 $48-$75k ranking, coming in at #16. Detroit, Michigan is the setting for this large institution of higher learning. The public school handed out ’s psychology degrees to 405 students in 2020-2021.

As a testament to the quality of education it offers, Wayne State is also in the top of our “Best Psychology Schools in the Great Lakes Region” ranking. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. It costs about $13,612 for great lakes region psychology students whose families make $48-$75k per year to attend Wayne State.

Read full report on Psychology at Wayne State University

17
Ball State crest
Ball State University
Muncie, Indiana

Ball State University did quite well in the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #17. Ball State University is located in Muncie, Indiana and, has a large student population. In 2020-2021, this school awarded 433 ’s psychology degrees to qualified students.

As a testament to the quality of education it offers, Ball State is also in the top of our “Best Psychology Schools in the Great Lakes Region” ranking. It’s in the top 20% of all schools reviewed in that analysis. The estimated yearly cost for Ball State University is $15,158 for Great Lakes Region Psychology students whose families make $48-$75k.

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%.

Read full report on Psychology at Ball State

18

Sinclair Community College did quite well in the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #18. 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.

The yearly cost to attend Sinclair Community College is $6,283 for great lakes region psychology students whose families make $48-$75k.

Read more about Psychology at Sinclair Community College

19

With a ranking of #19, Southern Illinois University Edwardsville did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k list. SIUE is located in Edwardsville, Illinois and, has a fairly large student population. In 2020-2021, this school awarded 194 ’s psychology degrees to qualified students.

The yearly cost to attend SIUE is $12,950 for great lakes region psychology students whose families make $48-$75k.

Read full report on Psychology at SIUE

20
Central Michigan crest
Central Michigan University
Mount Pleasant, Michigan

Central Michigan University landed the #20 spot on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k ranking. Central Michigan University is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 328 ’s degrees in 2020-2021.

The estimated yearly cost for Central Michigan University is $15,720 for great lakes region psychology students whose families make $48-$75k.

The low undergrad student loan default rate of 4.8% 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%.

Read full report on Psychology at Central Michigan

21

University of Wisconsin - River Falls did quite well in the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #21. This medium-sized school is located in River Falls, Wisconsin, and it awarded 96 ’s psychology degrees in 2020-2021.

The estimated yearly cost for University of Wisconsin - River Falls is $14,528 for great lakes region psychology students whose families make $48-$75k.

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%.

Read full report on Psychology at UW - River Falls

22

With a ranking of #22, Grand Valley State University did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k list. GVSU is a large public school situated in Allendale, Michigan. It awarded 292 ’s psychology degrees in 2020-2021.

The yearly cost to attend GVSU is $15,277 for great lakes region psychology students whose families make $48-$75k.

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 GVSU Psychology Report

23

With a ranking of #23, Southern Illinois University Carbondale did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k list. This fairly large school is located in Carbondale, Illinois, and it awarded 125 ’s psychology degrees in 2020-2021.

The estimated yearly cost for SIUC is $14,499 for Great Lakes Region Psychology students whose families make $48-$75k.

Read full report on Psychology at SIUC

24

Indiana University - Northwest came in at #24 in this year’s edition of the Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k ranking. Indiana University - Northwest is a small school located in Gary, Indiana that handed out 49 ’s psychology degrees in 2020-2021.

It costs about $7,885 for Great Lakes Region Psychology students whose families make $48-$75k per year to attend IU Northwest.

Full IU Northwest Psychology Report

25

With a ranking of #25, University of Wisconsin - Parkside did quite well on the 2023 Best Value Psychology Schools in the Great Lakes Region For Those Making $48-$75k list. University of Wisconsin - Parkside is a small school located in Kenosha, Wisconsin that handed out 86 ’s psychology degrees in 2020-2021.

It costs about $12,061 for Great Lakes Region Psychology students whose families make $48-$75k per year to attend UW - Parkside.

The low undergrad student loan default rate of 4.8% 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%.

Full University of Wisconsin - Parkside Psychology Report

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