Rankings / By State

Best Psychology Colleges in Indiana

By David Krug, Co-Founder, CollegeRanker · Updated 2026-05-31 · 35 schools · Agent Insights

Schools Analyzed

$53,727

Avg. Earnings (10yr)

56%

Avg. Graduation Rate

$18,603

Avg. Net Price

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Choosing a college for psychology can feel overwhelming, especially in a state like Indiana, where there are 35 programs to consider. Students and families are weighing factors like graduation rates, earnings potential, and overall program quality as they make this significant decision. With average earnings for psychology graduates in Indiana at $53,727, understanding the nuances between schools can lead to better outcomes.

What really sets the standout programs apart is their ability to deliver favorable outcomes for students. Metrics like graduation rates, debt levels, and post-graduation earnings help paint a clearer picture of what to expect. This list highlights schools that excel in these areas, allowing prospective students to gauge which institutions might offer the best return on investment based on their unique goals.

Take Purdue University-Main Campus, for example. Graduates earn an average of $72,424, with an impressive graduation rate of 83%. In contrast, Indiana University-East has a much lower earning potential of $47,156 and a graduation rate of only 42%. This comparison illustrates the trade-offs students might navigate, emphasizing the importance of aligning school choice with personal aspirations and financial realities.

Key Findings

Purdue University-Main Campus graduates earn an average of $72,424, the highest in Indiana.

The average graduation rate for these psychology programs is 56%, highlighting a significant variation among schools.

DePauw University has a net price of $22,264, which is notably higher than the $6,079 at Purdue University Northwest.

Indiana University-East shows a concerning graduation rate of only 42%, which can impact long-term success.

Quick Numbers

Schools ranked 35

Avg. earnings at 10yr $53,727

Avg. graduation rate 56%

Avg. net price $18,603

Avg. median debt $23,476

How We Ranked

Psychology programs in Indiana ranked by outcomes and program concentration

Read our full methodology →

Earnings vs. Cost

Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.

Graduation Rates

Longer bars = higher graduation rate.

Top 3

Grace College and Theological Seminary

Winona Lake, IN

Graduation69%

Earnings$45,411

Net Price$19,932

View full profile →

DePauw University

Greencastle, IN

Graduation77%

Earnings$70,527

Net Price$22,264

View full profile →

Ball State University

Muncie, IN

Graduation63%

Earnings$51,833

Net Price$14,940

View full profile →

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Accredited schools accepting applicants in this field.

Full Rankings

Grace College and Theological Seminary

Winona Lake, IN · 1,464 students · Private nonprofit

Grace College and Theological Seminary in Winona Lake is a private nonprofit institution with a strong community focus and a student body of about 1,464. With a graduation rate of 69%, the college emphasizes personal development alongside academics, attracting students interested in a faith-based education.

82% accepted 69% graduate $45,411 earnings

DePauw University

Greencastle, IN · 1,905 students · Private nonprofit

DePauw University, a private nonprofit institution in Greencastle, Indiana, has a close-knit community with around 1,900 students. With a graduation rate of 77%, it fosters an environment where students can build lasting relationships with faculty and peers, encouraging personal and professional growth.

57% accepted 77% graduate $70,527 earnings

DePauw's full profile

Ball State University

Muncie, IN · 13,988 students · Public

With nearly 14,000 students, Ball State University in Muncie is known for its strong academic programs and vibrant campus life. The school's graduation rate of 63% shows that many students are successfully completing their degrees, which is an important factor to consider as you think about your future career path.

86% accepted 63% graduate $51,833 earnings

Earlham College

Richmond, IN · 670 students · Private nonprofit

Earlham College in Richmond might capture your interest with its intimate setting of just 670 students, fostering close relationships between faculty and students. Though the graduation rate is 68%, the college's focus on liberal arts education equips students with a broad skill set, reflected in median earnings of $50,797 after ten years, which can lead to various career paths and opportunities.

73% accepted 68% graduate $50,797 earnings

Earlham's full profile

Wabash College

Crawfordsville, IN · 866 students · Private nonprofit

Wabash College in Crawfordsville offers a unique liberal arts education for a smaller student body of 866. The college emphasizes a strong sense of community and academic rigor, which is reflected in its impressive 77% graduation rate.

63% accepted 77% graduate $69,952 earnings

Wabash's full profile

Valparaiso University

Valparaiso, IN · 2,083 students · Private nonprofit

Valparaiso University, a private nonprofit institution, is home to around 2,083 students and has a commendable graduation rate of 69%. The higher median earnings of $63,191 at ten years post-graduation indicate that a degree from here can lead to strong financial prospects. This school is ideal for students who are seeking a personalized education experience and a robust alumni network.

89% accepted 69% graduate $63,191 earnings

Valparaiso's full profile

Hanover College

Hanover, IN · 1,031 students · Private nonprofit

Hanover College, with around 1,031 students, fosters an engaging academic environment where 65% of students graduate. The college's intimate size allows for personalized attention, enabling students to build strong relationships with faculty and peers alike.

84% accepted 65% graduate $53,957 earnings

Hanover's full profile

Goshen College

Goshen, IN · 773 students · Private nonprofit

Goshen College in northern Indiana offers a unique educational experience for its 773 students, emphasizing community and sustainability. With a graduation rate of 63% and median earnings of $51,943 after ten years, the college prepares students to engage thoughtfully with the world, particularly in service and social justice initiatives.

84% accepted 63% graduate $51,943 earnings

Goshen's full profile

University of Evansville

Evansville, IN · 1,539 students · Private nonprofit

The University of Evansville welcomes just over 1,500 students, creating a close-knit community where individuals can thrive academically and personally. With a graduation rate of 68%, many students find the support they need to succeed in their studies and transition into rewarding careers.

78% accepted 68% graduate $53,770 earnings

University's full profile

#10

Indiana State University

Terre Haute, IN · 6,188 students · Public

Indiana State University, located in Terre Haute, has a diverse student body of around 6,188, offering a variety of programs and experiences. The university's focus on community engagement and practical learning can help students prepare for real-world challenges, even if the graduation rate is lower at 42%.

81% accepted 42% graduate $48,387 earnings

Indiana's full profile

#11

Taylor University

Upland, IN · 2,025 students · Private nonprofit

Taylor University is home to 2,025 students who thrive in a supportive and engaging community. With a graduation rate of 75%, the university creates pathways for students to succeed academically and personally, preparing them for the world ahead.

74% accepted 75% graduate $52,198 earnings

Taylor's full profile

#12

Butler University

Indianapolis, IN · 4,317 students · Private nonprofit

With a graduation rate of 80% and median earnings of $77,235 ten years after graduation, Butler University in Indianapolis presents a compelling option for those seeking a solid return on their investment. The university's commitment to student success is reflected in its supportive campus community and diverse range of programs, making it an appealing choice for students looking for both academic rigor and a vibrant college experience.

85% accepted 80% graduate $77,235 earnings

Butler's full profile

#13

Saint Mary's College

Notre Dame, IN · 1,458 students · Private nonprofit

With a graduation rate of 73%, Saint Mary's College has a commitment to seeing its students succeed. The small, supportive campus environment in Notre Dame, Indiana, fosters close relationships between faculty and students, which can be a game-changer in navigating college life and academics.

76% accepted 73% graduate $59,354 earnings

Huntington University

Huntington, IN · 1,082 students · Private nonprofit

If you're looking for a close-knit community, Huntington University might just be the place. With around 1,082 students, this private nonprofit institution emphasizes personal connections and mentorship, which can enhance the college experience in significant ways.

76% accepted 66% graduate $46,672 earnings

Huntington's full profile

#15

University of Indianapolis

Indianapolis, IN · 3,005 students · Private nonprofit

With a solid acceptance rate of 67%, the University of Indianapolis welcomes a diverse range of students. Graduates here can expect to earn a median of $53,610 within ten years of finishing their degree, suggesting a decent return on investment for those who choose to attend. The university's supportive environment is reflected in its 56% graduation rate, indicating a commitment to student success and retention.

67% accepted 56% graduate $53,610 earnings

University's full profile

#16

Indiana University-East

Richmond, IN · 2,589 students · Public

Indiana University-East, a public university in Richmond, is a welcoming space for about 2,589 students, particularly those looking for an affordable education. With a graduation rate of just 42%, it may not be for everyone, but it serves students who appreciate a smaller campus and a more personalized approach to learning.

67% accepted 42% graduate $47,156 earnings

Indiana's full profile

#17

Purdue University-Main Campus

West Lafayette, IN · 44,503 students · Public

With a remarkable graduation rate of 83%, Purdue University is committed to helping students succeed academically. Located in West Lafayette, Indiana, this public university is home to over 44,000 students, providing a vibrant campus life and a wide range of academic programs.

50% accepted 83% graduate $72,424 earnings

Purdue's full profile

#18

Manchester University

North Manchester, IN · 936 students · Private nonprofit

At Manchester University, where 45% of students graduate, you'll discover a cozy campus environment with just 936 students. The focus here is on personal growth and community engagement, making it a great fit for individuals who value close-knit relationships and a supportive atmosphere.

71% accepted 45% graduate $51,504 earnings

Manchester's full profile

#19

Trine University

Angola, IN · 2,324 students · Private nonprofit

With a graduation rate of 66%, Trine University in Angola, Indiana, is a solid option for students looking for a supportive community. The school is home to about 2,324 students and emphasizes hands-on learning and practical experience, which can lead to meaningful job opportunities after graduation.

85% accepted 66% graduate $57,165 earnings

Indiana University-Indianapolis

Indianapolis, IN · 13,830 students · Public

Indiana University Indianapolis is the largest campus in this group, with 13,830 students thriving in an urban environment. The university fosters a culture of inclusivity and research, evident in its 54% graduation rate and a focus on student development.

76% accepted 54% graduate $55,198 earnings

Indiana's full profile

#21

Indiana University-Southeast

New Albany, IN · 3,170 students · Public

Indiana University-Southeast, located in New Albany, is a smaller campus with around 3,170 students, providing a tight-knit community feel. However, its graduation rate of only 36% may raise some questions. Those who do complete their studies can expect median earnings of $47,596 after ten years, suggesting that a degree from this school can still lead to solid financial outcomes.

84% accepted 36% graduate $47,596 earnings

Indiana's full profile

#22

Indiana University-Kokomo

Kokomo, IN · 2,352 students · Public

Located in Kokomo, Indiana University Kokomo is a compact campus with a tight-knit community of 2,352 students. This public institution prides itself on accessibility and a focus on student success, with 45% of students graduating.

86% accepted 45% graduate $49,917 earnings

Indiana's full profile

#23

Franklin College

Franklin, IN · 900 students · Private nonprofit

Franklin College, with an acceptance rate of 70%, cultivates an intimate learning environment with just 900 students, allowing for close-knit relationships with faculty and peers. Graduates earn a median salary of $55,376 within ten years, reflecting the potential for solid post-college earnings. A graduation rate of 62% shows that many students find their path to success here, supported by a community that values collaboration and engagement.

70% accepted 62% graduate $55,376 earnings

Franklin's full profile

#24

Indiana Institute of Technology

Fort Wayne, IN · 1,441 students · Private nonprofit

With a student body of 1,441, Indiana Institute of Technology in Fort Wayne, IN, presents an intimate learning environment. The school has a diverse range of programs and a 70% acceptance rate, which could be a great fit for students looking for a supportive community as they explore their academic interests.

70% accepted 38% graduate $47,327 earnings

Indiana's full profile

#25

Purdue University Northwest

Hammond, IN · 5,671 students · Public

With a diverse student body of 5,671, Purdue University Northwest in Hammond has been a valuable option for many students pursuing higher education. The campus emphasizes hands-on learning and community engagement, preparing graduates for real-world challenges.

72% accepted 43% graduate $48,318 earnings

Purdue's full profile

#26

Holy Cross College

Notre Dame, IN · 639 students · Private nonprofit

Holy Cross College provides a unique educational experience with a close community of just 639 students. Despite a lower graduation rate of 50%, the college’s median earnings of $50,416 for graduates within ten years suggest that those who complete their degrees find promising employment opportunities. The welcoming acceptance rate of 75% indicates that many students can find a home here, particularly those who seek a supportive environment.

75% accepted 50% graduate $50,416 earnings

Indiana Wesleyan University-Marion

Marion, IN · 1,974 students · Private nonprofit

Indiana Wesleyan University in Marion is a smaller institution with around 1,974 students, offering a supportive environment for personal and academic growth. Its graduation rate of 67% and median earnings of $59,986 after ten years indicate that students leave well-prepared for the workforce, ready to make an impact in their chosen fields.

89% accepted 67% graduate $59,986 earnings

Indiana's full profile

#28

University of Saint Francis-Fort Wayne

Fort Wayne, IN · 1,567 students · Private nonprofit

The University of Saint Francis-Fort Wayne stands out with a high acceptance rate of 96%, making it accessible to a broad range of students. With a graduation rate of 58% and a median earning of $55,362 after ten years, this school provides a solid foundation for future success. Its supportive atmosphere is ideal for anyone seeking a community-focused educational experience, where individual growth is prioritized.

96% accepted 58% graduate $55,362 earnings

University's full profile

#29

Indiana University-South Bend

South Bend, IN · 3,933 students · Public

In South Bend, Indiana University-South Bend caters to a student population of about 3,933. This public institution can be an appealing choice for those seeking a supportive environment with various academic opportunities, despite its graduation rate of only 38%.

84% accepted 38% graduate $44,947 earnings

Indiana's full profile

#30

Indiana University-Northwest

Gary, IN · 2,661 students · Public

Nestled in Gary, Indiana University-Northwest serves a smaller student body of about 2,661. While it has a graduation rate of 37%, the school emphasizes accessibility and community engagement. Graduates can expect to earn $43,361 a decade after leaving school, which highlights the potential for upward mobility even if the graduation rate is lower than some may prefer.

73% accepted 37% graduate $43,361 earnings

Indiana's full profile

#31

Purdue University Fort Wayne

Fort Wayne, IN · 5,484 students · Public

With a diverse student body of 5,484, Purdue University Fort Wayne opens doors to a range of academic opportunities. The school's 34% graduation rate reflects a commitment to supporting students, even if many take time to complete their degrees.

84% accepted 34% graduate $45,872 earnings

Purdue's full profile

#32

Saint Mary-of-the-Woods College

Saint Mary of the Woods, IN · 853 students · Private nonprofit

Saint Mary-of-the-Woods College is a smaller institution with just 853 students, creating a close-knit community ideal for personalized learning. The school has a graduation rate of 49%, which hints at a supportive environment that helps students achieve their goals while also embracing a strong commitment to empowering women in education.

72% accepted 49% graduate $43,845 earnings

Indiana Wesleyan University-National & Global

Marion, IN · 6,656 students · Private nonprofit

Indiana Wesleyan University-National & Global has a diverse student body of 6,656 and emphasizes a holistic education, appealing to those who seek a faith-based learning environment. Although the graduation rate is 36%, the university provides various programs that cater to working adults, creating flexible learning opportunities.

36% graduate $59,986 earnings

Indiana's full profile

#34

Anderson University

Anderson, IN · 1,057 students · Private nonprofit

Anderson University, with a student population of 1,057, offers a unique blend of academic rigor and community spirit. The graduation rate is 52%, reflecting the support systems in place that help students thrive academically and socially, making it an excellent choice for those who appreciate a smaller campus feel.

79% accepted 52% graduate $48,899 earnings

Anderson's full profile

#35

Calumet College of Saint Joseph

Whiting, IN · 529 students · Private nonprofit

Calumet College of Saint Joseph has a small student population of 529, which can foster a more personalized educational experience. Although the graduation rate is low at 26%, the college aims to serve a diverse student body, and it may appeal to those who thrive in smaller classroom settings and seek individual attention from faculty.

26% graduate $46,945 earnings

Calumet's full profile

Comparing Purdue University-Main Campus and Indiana University-East reveals a significant contrast in outcomes. Purdue graduates earn an average of $72,424, while graduates from Indiana University-East make only $47,156. This disparity reflects not only differences in program quality but also in the support systems that can help students complete their degrees.

After reviewing the list, it's essential to consider how these factors align with your priorities. Are you looking for a campus with strong community ties? Or is minimizing debt your top concern? Weigh the financial metrics against your personal goals, including location, campus culture, and the specific psychology focus areas available at each institution.

Ultimately, the data underscores a crucial journey from college to career. A degree in psychology can open doors, but it’s essential to choose a school that aligns with your values and goals. Each decision—like choosing a school with a higher graduation rate or lower average debt—shapes not just your education, but your future financial stability.

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Social Capital Atlas

Times Higher Education World Rankings

NCES IPEDS

Sources & Citations

[1]

U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics. →

[2]

National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS). →

David Krug

Co-Founder, CollegeRanker

David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.

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