2022 Best Value Psychology Schools in Michigan For Those Making $75-$110k
It’s not easy to decide which college to attend when there so many options available for students. 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 in Michigan For Those Making $75-$110k” 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 Michigan, there were 4,327 psychology graduates with average earnings and debt of $31,269 and $30,765 respectively.
For this year’s “Best Value Psychology Schools in Michigan For Those Making $75-$110k” ranking, we looked at 30 colleges that offer a degree 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.
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. Check out our ranking methodology for more information.
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One Size Does Not Fit All
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 $75-$110k” 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Psychology Schools in Michigan For Those Making $75-$110k
The following schools top our list of the Best Best Value Psychology Schools in Michigan For Those Making $75-$110k.
Top 25 Best Value Colleges for Psychology (Income $75-$110k) in Michigan
Out of the 30 schools in the Best Value Psychology Schools in Michigan For Those Making $75-$110k that were part of this year’s ranking, Lansing Community College landed the #1 spot on the list. Lansing, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s psychology degrees to 35 students in 2019-2020.
LCC also took the #14 spot in our “Best Psychology Schools in Michigan” ranking. It costs about $8,515 for Michigan Psychology students whose families make $75-$110k per year to attend Lansing Community College.
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #2 on our 2022 Best Value Psychology Schools in Michigan For Those Making $75-$110k list. This large school is located in Ann Arbor, Michigan, and it awarded 803 ’s psychology degrees in 2019-2020.
U-M not only placed well in this ranking. It is also #1 on our “Best Psychology Schools in Michigan” list. The yearly cost to attend U-M is $18,039 for Michigan Psychology students whose families make $75-$110k.
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
Out of the 30 schools in the Best Value Psychology Schools in Michigan For Those Making $75-$110k that were part of this year’s ranking, Oakland University landed the #3 spot on the list. Oakland 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.
Oakland did well in our major quality rankings, too. It placed #15 on our “Best Psychology Schools in Michigan” list. The yearly cost to attend Oakland University is $15,424 for michigan psychology students whose families make $75-$110k.
Out of the 30 schools in the Best Value Psychology Schools in Michigan For Those Making $75-$110k that were part of this year’s ranking, University of Michigan - Dearborn landed the #4 spot on the list. University of Michigan - Dearborn is a medium-sized school located in Dearborn, Michigan that handed out 157 ’s psychology degrees in 2019-2020.
UM Dearborn did well in our major quality rankings, too. It placed #13 on our “Best Psychology Schools in Michigan” list. The yearly cost to attend UM Dearborn is $14,132 for Michigan Psychology students whose families make $75-$110k.
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%.
Out of the 30 schools in the Best Value Psychology Schools in Michigan For Those Making $75-$110k that were part of this year’s ranking, Central Michigan University landed the #5 spot on the list. Central Michigan is located in Mount Pleasant, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 365 ’s psychology degrees to qualified students.
Central Michigan also took the #7 spot in our “Best Psychology Schools in Michigan” ranking. It costs about $17,894 for michigan psychology students whose families make $75-$110k per year to attend Central Michigan.
Read full report on Psychology at Central Michigan University
With a ranking of #6, Grand Valley State University did quite well on the 2022 Best Value Psychology Schools in Michigan For Those Making $75-$110k list. This large school is located in Allendale, Michigan, and it awarded 294 ’s psychology degrees in 2019-2020.
GVSU did well in our major quality rankings, too. It placed #3 on our “Best Psychology Schools in Michigan” list. The yearly cost to attend Grand Valley State University is $20,113 for Michigan Psychology students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.
University of Detroit Mercy came in at #7 in this year’s edition of the Best Value Psychology Schools in Michigan For Those Making $75-$110k ranking. University of 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 did well in our major quality rankings, too. It placed #9 on our “Best Psychology Schools in Michigan” list. It costs about $20,735 for michigan psychology students whose families make $75-$110k per year to attend Detroit Mercy.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The low student loan default rate of 3.5% 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%.
With a ranking of #8, Rochester University did quite well on the 2022 Best Value Psychology Schools in Michigan For Those Making $75-$110k list. RU is a small school located in Rochester Hills, Michigan that handed out 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. The estimated yearly cost for Rochester University is $18,098 for michigan psychology students whose families make $75-$110k.
Wayne State University came in at #9 in this year’s edition of the Best Value Psychology Schools in Michigan For Those Making $75-$110k ranking. Wayne State is a public institution located in Detroit, Michigan. The school has a large population, and it awarded 431 ’s degrees in 2019-2020.
Wayne State also made our “Best Psychology Schools in Michigan” list, coming in at #12. It costs about $17,909 for Michigan Psychology students whose families make $75-$110k per year to attend Wayne State.
Ferris State University ranked #10 on this year’s Best Value Psychology Schools in Michigan For Those Making $75-$110k list. Big Rapids, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s psychology degrees to 44 students in 2019-2020.
As a testament to the quality of education offered at Ferris, the school also landed the #17 spot in our “Best Psychology Schools in Michigan” ranking. It costs about $17,132 for michigan psychology students whose families make $75-$110k per year to attend Ferris.
Lake Superior State University did quite well in the 2022 Best Value Psychology Schools in Michigan For Those Making $75-$110k ranking, coming in at #11. Lake Superior State University is a public institution located in Sault Ste Marie, Michigan. The school has a small population, and it awarded 14 ’s degrees in 2019-2020.
Lake Superior State University also made our “Best Psychology Schools in Michigan” list, coming in at #19. The yearly cost to attend Lake Superior State University is $16,656 for michigan psychology students whose families make $75-$110k.
Read more about Psychology at Lake Superior State University
University of Michigan - Flint ranked #12 on this year’s Best Value Psychology Schools in Michigan For Those Making $75-$110k list. Located in Flint, Michigan, this medium-sized public school handed out 93 diplomas to qualified ’s psychology students in 2019-2020.
The yearly cost to attend UM Flint is $17,211 for Michigan Psychology students whose families make $75-$110k.
Read full report on Psychology at University of Michigan - Flint
Eastern Michigan University came in at #13 in this year’s edition of the Best Value Psychology Schools in Michigan For Those Making $75-$110k ranking. Eastern Michigan University is a fairly large public school situated in Ypsilanti, Michigan. It awarded 237 ’s psychology degrees in 2019-2020.
Eastern Michigan not only placed well in this ranking. It is also #18 on our “Best Psychology Schools in Michigan” list. The yearly cost to attend Eastern Michigan is $18,598 for Michigan Psychology students whose families make $75-$110k.
Albion College landed the #14 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $75-$110k ranking. This small school is located in Albion, Michigan, and it awarded 35 ’s psychology degrees in 2019-2020.
Albion also took the #16 spot in our “Best Psychology Schools in Michigan” ranking. It costs about $18,861 for Michigan Psychology students whose families make $75-$110k per year to attend Albion.
With a ranking of #15, Saginaw Valley State University did quite well on the 2022 Best Value Psychology Schools in Michigan For Those Making $75-$110k list. Saginaw Valley State University is a medium-sized public school situated in University Center, Michigan. It awarded 58 ’s psychology degrees in 2019-2020.
The estimated yearly cost for Saginaw Valley State University is $16,241 for Michigan Psychology students whose families make $75-$110k.
Read full report on Psychology at Saginaw Valley State University
Aquinas College Michigan did quite well in the 2022 Best Value Psychology Schools in Michigan For Those Making $75-$110k ranking, coming in at #16. Aquinas College Michigan is a small school located in Grand Rapids, Michigan that handed out 21 ’s psychology degrees in 2019-2020.
In addition to being on our michigan psychology students whose families make $75-$110k list, Aquinas College Michigan has also earned the #21 rank in our “Best Psychology Schools in Michigan” ranking. The estimated yearly cost for Aquinas College Michigan is $18,905 for michigan psychology students whose families make $75-$110k.
With a ranking of #17, Michigan State University did quite well on the 2022 Best Value Psychology Schools in Michigan For Those Making $75-$110k 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 not only placed well in this ranking. It is also #2 on our “Best Psychology Schools in Michigan” list. It costs about $25,389 for michigan psychology students whose families make $75-$110k per year to attend Michigan State University.
The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Baker College landed the #18 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $75-$110k ranking. Located in Owosso, Michigan, this medium-sized private not-for-profit school awarded 38 diplomas to qualified ’s psychology students in 2019-2020.
The yearly cost to attend Baker College is $17,177 for michigan psychology students whose families make $75-$110k.
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.
Alma College did quite well in the 2022 Best Value Psychology Schools in Michigan For Those Making $75-$110k ranking, coming in at #19. Alma College is a private not-for-profit institution located in Alma, Michigan. The school has a small population, and it awarded 23 ’s degrees in 2019-2020.
In addition to being on our michigan psychology students whose families make $75-$110k list, Alma has also earned the #10 rank in our “Best Psychology Schools in Michigan” ranking. It costs about $23,304 for michigan psychology students whose families make $75-$110k per year to attend Alma.
With a ranking of #20, Calvin University did quite well on the 2022 Best Value Psychology Schools in Michigan For Those Making $75-$110k list. Grand Rapids, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 48 students in 2019-2020.
Calvin also made our “Best Psychology Schools in Michigan” list, coming in at #4. The estimated yearly cost for Calvin is $26,778 for Michigan Psychology students whose families make $75-$110k.
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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Hope College came in at #21 in this year’s edition of the Best Value Psychology Schools in Michigan For Those Making $75-$110k ranking. Hope College is located in Holland, Michigan and, has a small student population. In 2019-2020, this school awarded 87 ’s psychology degrees to qualified students.
As a testament to the quality of education offered at Hope, the school also landed the #5 spot in our “Best Psychology Schools in Michigan” ranking. The yearly cost to attend Hope is $25,779 for michigan psychology students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The low student loan default rate of 2.1% 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%.
Western Michigan University ranked #22 on this year’s Best Value Psychology Schools in Michigan For Those Making $75-$110k list. This fairly large school is located in Kalamazoo, Michigan, and it awarded 270 ’s psychology degrees in 2019-2020.
WMU also took the #11 spot in our “Best Psychology Schools in Michigan” ranking. It costs about $23,352 for Michigan Psychology students whose families make $75-$110k per year to attend Western Michigan University.
Madonna University ranked #23 on this year’s Best Value Psychology Schools in Michigan For Those Making $75-$110k list. Livonia, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 18 students in 2019-2020.
The estimated yearly cost for Madonna University is $20,848 for michigan psychology students whose families make $75-$110k.
Olivet College landed the #24 spot on the 2022 Best Value Psychology Schools in Michigan For Those Making $75-$110k ranking. Olivet is a small private not-for-profit school situated in Olivet, Michigan. It awarded 14 ’s psychology degrees in 2019-2020.
Olivet also made our “Best Psychology Schools in Michigan” list, coming in at #22. The estimated yearly cost for Olivet College is $21,711 for Michigan Psychology students whose families make $75-$110k.
Northern Michigan University ranked #25 on this year’s Best Value Psychology Schools in Michigan For Those Making $75-$110k list. Northern Michigan University is a medium-sized school located in Marquette, Michigan that handed out 72 ’s psychology degrees in 2019-2020.
It costs about $20,208 for Michigan Psychology students whose families make $75-$110k per year to attend Northern Michigan University.
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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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