2027 Best Value Fine & Studio Arts Management Schools in the Great Lakes Region

[Fine & Studio Arts Management](/majors/visual-and-performing-arts/arts-media-management/fine-and-studio-arts-management/) degree programs vary widely in price and payoff across the country. The schools below stand out for delivering a strong fine & studio arts management education at a price that pays off.
College Factual analyzed 9 schools to build this 2027 ranking of the best value fine & studio arts management schools.
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2027 Best Value Fine & Studio Arts Management Schools in the Great Lakes Region
If you want to know which schools deliver the best value for the fine & studio arts management degrees they offer, see the list below.
Best Value Fine & Studio Arts Management Schools
Indiana University Bloomington tops our 2027 list of the best value fine & studio arts management schools in the Great Lakes Region. Set in the city of Bloomington, Indiana University Bloomington is a very large public institution. The average in-state cost of tuition and fees is $12,144, with out-of-state students paying around $41,891. Students borrow a median of $21,908 to complete the fine & studio arts management program here. Early-career fine & studio arts management graduates make about $37,018. Set against $21,908 in median debt, that is a healthy payoff. Roughly 78% of applicants are accepted.
University Of Wisconsin Madison came in at #2 on our 2027 list of the best value fine & studio arts management schools. Located in the city of Madison, University Of Wisconsin Madison is a very large public university. Students from in state pay about $11,603 in tuition and fees, while out-of-state students pay about $42,103. Fine & Studio Arts Management graduates carry a median of $21,813 in student loans. Soon after graduation, fine & studio arts management degree recipients from University Of Wisconsin Madison generally make around $59,877. Weighed against typical debt, the earnings make a compelling case for value. Roughly 45% of applicants are accepted.
Students looking for strong value in fine & studio arts management will find it at Ohio University Main Campus, which ranked #3. Ohio University Main Campus is a very large public school located in the town of Athens. In-state tuition and fees average $14,158, while out-of-state students pay about $24,838. Students borrow a median of $24,546 to complete the fine & studio arts management program here. Fine & Studio Arts Management graduates of Ohio University Main Campus earn a median of $49,736 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 85%.
Columbia College Chicago came in at #4 on our 2027 list of the best value fine & studio arts management schools. Set in the city of Chicago, Columbia College Chicago is a moderately-sized private not-for-profit institution. Students from in state pay about $34,088 in tuition and fees. Students borrow a median of $26,000 to complete the fine & studio arts management program here. Soon after graduation, fine & studio arts management degree recipients from Columbia College Chicago generally make around $23,844. Set against $26,000 in median debt, that is a healthy payoff. Columbia College Chicago admits about 90% of applicants.
Students looking for strong value in fine & studio arts management will find it at Baldwin Wallace College, which ranked #5. Baldwin Wallace College is a mid-sized private not-for-profit school located in the suburb of Berea. Students from in state pay about $39,832 in tuition and fees. Fine & Studio Arts Management graduates carry a median of $27,000 in student loans. Fine & Studio Arts Management graduates of Baldwin Wallace College earn a median of $29,088 early in their careers. That is a strong return on a $27,000 median debt. Roughly 76% of applicants are accepted.
Miami University Oxford came in at #6 for value in fine & studio arts management this year. Located in the town of Oxford, Miami University Oxford is a very large public university. The average in-state cost of tuition and fees is $17,519, with out-of-state students paying around $38,965. Typical student debt for fine & studio arts management graduates is $24,177. Early-career fine & studio arts management graduates make about $49,700. Weighed against typical debt, the earnings make a compelling case for value. Miami University Oxford admits about 75% of applicants.
Depaul University placed #7 among the best values for fine & studio arts management. Depaul University is a very large private not-for-profit school located in the city of Chicago. Expect in-state tuition and fees of around $45,405. Fine & Studio Arts Management graduates carry a median of $25,340 in student loans. Early-career fine & studio arts management graduates make about $55,390. Set against $25,340 in median debt, that is a healthy payoff. Roughly 76% of applicants are accepted.
Butler University came in at #8 for value in fine & studio arts management this year. Located in the city of Indianapolis, Butler University is a moderately-sized private not-for-profit university. In-state tuition and fees average $47,560. Typical student debt for fine & studio arts management graduates is $25,000. Soon after graduation, fine & studio arts management degree recipients from Butler University generally make around $34,911. That is a strong return on a $25,000 median debt. Roughly 85% of applicants are accepted.
School Of The Art Institute Of Chicago placed #9 among the best values for fine & studio arts management. School Of The Art Institute Of Chicago is a mid-sized private not-for-profit school located in the city of Chicago. The average in-state cost of tuition and fees is $54,623. Students borrow a median of $27,000 to complete the fine & studio arts management program here. Fine & Studio Arts Management graduates of School Of The Art Institute Of Chicago earn a median of $38,205 early in their careers. That is a strong return on a $27,000 median debt. Roughly 78% of applicants are accepted.
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Notes and References
The ranking above is published by College Factual (MF_RANKING_2025), 2027 edition. The methodology weighs the cost of a degree against the earnings graduates go on to achieve, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 9 schools evaluated.
*Averages shown above reflect the top 9 ranked schools only.
- 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).
More about our data sources and methodologies.