2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k
Students have lots of options to chooose from today when trying to decide which college to attend. 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 Michigan For Those Making $48-$75k” ranking.
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 Michigan, there were 4,327 psychology graduates with average earnings and debt of $31,269 and $30,765 respectively.
This year’s “Best Value Psychology Schools in Michigan For Those Making $48-$75k” ranking looked at 30 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.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the psychology program at the school. See our ranking methodology to learn more.
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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 Michigan For Those Making $48-$75k” list to help you make the college decision.
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Best Value Psychology Schools in Michigan For Those Making $48-$75k
The following schools top our list of the Best Best Value Psychology Schools in Michigan For Those Making $48-$75k.
Top 25 Best Value Colleges for Psychology (Income $48-$75k) in Michigan
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k list. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 803 ’s psychology degrees in 2019-2020.
U-M also took the #1 spot in our “Best Psychology Schools in Michigan” ranking. The estimated yearly cost for University of Michigan - Ann Arbor is $10,028 for Michigan Psychology students whose families make $48-$75k.
With a freshman retention rate of 96%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Lansing Community College. It ranked #2 on our 2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k list. LCC is located in Lansing, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 35 ’s psychology degrees to qualified students.
LCC not only placed well in this ranking. It is also #14 on our “Best Psychology Schools in Michigan” list. The yearly cost to attend LCC is $6,547 for Michigan Psychology students whose families make $48-$75k.
Out of the 30 schools in the Best Value Psychology Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, University of Michigan - Dearborn landed the #3 spot on the list. UM Dearborn is located in Dearborn, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 157 ’s psychology degrees to qualified students.
UM Dearborn also made our “Best Psychology Schools in Michigan” list, coming in at #13. It costs about $10,553 for Michigan Psychology students whose families make $48-$75k per year to attend University of Michigan - Dearborn.
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%.
Read more about Psychology at University of Michigan - Dearborn
You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #4 for the Best Value Psychology Schools in Michigan For Those Making $48-$75k. Oakland University is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 175 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Oakland, the school also landed the #15 spot in our “Best Psychology Schools in Michigan” ranking. It costs about $10,387 for michigan psychology students whose families make $48-$75k per year to attend Oakland University.
Out of the 30 schools in the Best Value Psychology Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, Grand Valley State University landed the #5 spot on the list. Allendale, Michigan is the setting for this large institution of higher learning. The public school handed out ’s psychology degrees to 294 students in 2019-2020.
In addition to being on our michigan psychology students whose families make $48-$75k list, GVSU has also earned the #3 rank in our “Best Psychology Schools in Michigan” ranking. The yearly cost to attend GVSU is $15,775 for michigan psychology students whose families make $48-$75k.
The low student loan default rate of 3.7% 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%.
Wayne State University ranked #6 on this year’s Best Value Psychology Schools in Michigan For Those Making $48-$75k list. Located in Detroit, Michigan, this large public school handed out 431 degrees to qualified ’s psychology students in 2019-2020.
Wayne State did well in our major quality rankings, too. It placed #12 on our “Best Psychology Schools in Michigan” list. The estimated yearly cost for Wayne State is $13,668 for michigan psychology students whose families make $48-$75k.
Central Michigan University did quite well in the 2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k ranking, coming in at #7. Located in Mount Pleasant, Michigan, this fairly large public school handed out 365 degrees to qualified ’s psychology students in 2019-2020.
Central Michigan not only placed well in this ranking. It is also #7 on our “Best Psychology Schools in Michigan” list. The estimated yearly cost for Central Michigan University is $14,591 for michigan psychology students whose families make $48-$75k.
Ferris State University ranked #8 on this year’s Best Value Psychology Schools in Michigan For Those Making $48-$75k list. Ferris State University is a fairly large school located in Big Rapids, Michigan that handed out 44 ’s psychology degrees in 2019-2020.
Ferris not only placed well in this ranking. It is also #17 on our “Best Psychology Schools in Michigan” list. The yearly cost to attend Ferris State University is $14,101 for michigan psychology students whose families make $48-$75k.
University of Detroit Mercy landed the #8 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k ranking. Detroit Mercy is a private not-for-profit institution located in Detroit, Michigan. The school has a small population, and it awarded 76 ’s degrees in 2019-2020.
Detroit Mercy not only placed well in this ranking. It is also #9 on our “Best Psychology Schools in Michigan” list. The yearly cost to attend Detroit Mercy is $17,242 for michigan psychology students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Albion College landed the #10 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k ranking. Located in Albion, Michigan, this small private not-for-profit school handed out 35 degrees to qualified ’s psychology students in 2019-2020.
Albion also made our “Best Psychology Schools in Michigan” list, coming in at #16. The estimated yearly cost for Albion is $14,499 for Michigan Psychology students whose families make $48-$75k.
Eastern Michigan University landed the #11 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k ranking. Eastern Michigan is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 237 ’s degrees in 2019-2020.
Eastern Michigan did well in our major quality rankings, too. It placed #18 on our “Best Psychology Schools in Michigan” list. The yearly cost to attend Eastern Michigan is $16,042 for Michigan Psychology students whose families make $48-$75k.
Michigan State University ranked #12 on this year’s Best Value Psychology Schools in Michigan For Those Making $48-$75k list. East Lansing, Michigan is the setting for this large institution of higher learning. The public school handed out ’s psychology degrees to 457 students in 2019-2020.
Michigan State did well in our major quality rankings, too. It placed #2 on our “Best Psychology Schools in Michigan” list. It costs about $20,696 for Michigan Psychology students whose families make $48-$75k per year to attend Michigan State.
With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The low student loan default rate of 3.6% 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%.
Lake Superior State University came in at #13 in this year’s edition of the Best Value Psychology Schools in Michigan For Those Making $48-$75k ranking. Lake Superior State University is a small public school situated in Sault Ste Marie, Michigan. It awarded 14 ’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at Lake Superior State University, the school also landed the #19 spot in our “Best Psychology Schools in Michigan” ranking. The estimated yearly cost for Lake Superior State University is $13,073 for Michigan Psychology students whose families make $48-$75k.
Read more about Psychology at Lake Superior State University
University of Michigan - Flint landed the #14 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k ranking. University of Michigan - Flint is a public institution located in Flint, Michigan. The school has a medium-sized population, and it awarded 93 ’s degrees in 2019-2020.
The estimated yearly cost for University of Michigan - Flint is $13,343 for Michigan Psychology students whose families make $48-$75k.
Aquinas College Michigan came in at #15 in this year’s edition of the Best Value Psychology Schools in Michigan For Those Making $48-$75k ranking. Aquinas College Michigan is a small private not-for-profit school situated in Grand Rapids, Michigan. It awarded 21 ’s psychology degrees in 2019-2020.
Aquinas College Michigan also made our “Best Psychology Schools in Michigan” list, coming in at #21. The yearly cost to attend Aquinas College Michigan is $17,715 for michigan psychology students whose families make $48-$75k.
With a ranking of #16, Saginaw Valley State University did quite well on the 2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k list. Saginaw Valley State University is located in University Center, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 58 ’s psychology degrees to qualified students.
It costs about $14,230 for Michigan Psychology students whose families make $48-$75k per year to attend Saginaw Valley State University.
Read full report on Psychology at Saginaw Valley State University
Rochester University ranked #17 on this year’s Best Value Psychology Schools in Michigan For Those Making $48-$75k list. This small school is located in Rochester Hills, Michigan, and it awarded 21 ’s psychology degrees in 2019-2020.
RU not only placed well in this ranking. It is also #24 on our “Best Psychology Schools in Michigan” list. It costs about $18,686 for Michigan Psychology students whose families make $48-$75k per year to attend Rochester University.
Baker College came in at #18 in this year’s edition of the Best Value Psychology Schools in Michigan For Those Making $48-$75k ranking. Baker College is a medium-sized private not-for-profit school situated in Owosso, Michigan. It awarded 38 ’s psychology degrees in 2019-2020.
It costs about $15,933 for Michigan Psychology students whose families make $48-$75k per year to attend Baker College.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Kalamazoo College did quite well in the 2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k ranking, coming in at #19. K College is a small private not-for-profit school situated in Kalamazoo, Michigan. It awarded 42 ’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at K College, the school also landed the #6 spot in our “Best Psychology Schools in Michigan” ranking. The yearly cost to attend Kalamazoo College is $22,229 for michigan 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 ranking of #20, Calvin University did quite well on the 2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k list. Calvin University is a private not-for-profit institution located in Grand Rapids, Michigan. The school has a small population, and it awarded 48 ’s degrees in 2019-2020.
Calvin did well in our major quality rankings, too. It placed #4 on our “Best Psychology Schools in Michigan” list. It costs about $23,773 for michigan psychology students whose families make $48-$75k per year to attend Calvin.
With a freshman retention rate of 87%, 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%.
Western Michigan University landed the #21 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k ranking. WMU is a fairly large school located in Kalamazoo, Michigan that handed out 270 ’s psychology degrees in 2019-2020.
WMU did well in our major quality rankings, too. It placed #11 on our “Best Psychology Schools in Michigan” list. The yearly cost to attend WMU is $19,841 for Michigan Psychology students whose families make $48-$75k.
Hope College came in at #22 in this year’s edition of the Best Value Psychology Schools in Michigan For Those Making $48-$75k ranking. Hope College is a small school located in Holland, Michigan that handed out 87 ’s psychology degrees in 2019-2020.
Hope also made our “Best Psychology Schools in Michigan” list, coming in at #5. The estimated yearly cost for Hope is $20,372 for michigan psychology students whose families make $48-$75k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%.
Northern Michigan University landed the #23 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k ranking. Marquette, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s psychology degrees to 72 students in 2019-2020.
The estimated yearly cost for Northern Michigan University is $15,753 for michigan psychology students whose families make $48-$75k.
Alma College ranked #24 on this year’s Best Value Psychology Schools in Michigan For Those Making $48-$75k list. Alma is a small private not-for-profit school situated in Alma, Michigan. It awarded 23 ’s psychology degrees in 2019-2020.
Alma not only placed well in this ranking. It is also #10 on our “Best Psychology Schools in Michigan” list. It costs about $21,670 for Michigan Psychology students whose families make $48-$75k per year to attend Alma College.
Spring Arbor University landed the #25 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $48-$75k ranking. Spring Arbor is a private not-for-profit institution located in Spring Arbor, Michigan. The school has a small population, and it awarded 58 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Spring Arbor, the school also landed the #25 spot in our “Best Psychology Schools in Michigan” ranking. The yearly cost to attend Spring Arbor University is $18,662 for Michigan Psychology students whose families make $48-$75k.
- Best Value Colleges for Psychology (Income $48-$75k) in the Great Lakes Region
- Best Value Colleges for Psychology (Income $48-$75k)
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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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