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Highlighting Quality Schools With More Affordable Prices
Today's business students have lots of options to pick from when considering higher education opportunities. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools and bootcamps that offer fast-track entry to many fields.
To help you arm yourself with the information you need to make your decision, Business Degree Central has developed this <nil> ranking.
Our ranking of value is based on the quality of a program as defined in our per sticker price dollar. Specifically, our score for quality is discounted by the published tuition and fees charged by the given college. This gives the cost per unit of quality for each college. The more quality your dollar buys, the better the value.
In our regional and nationwide rankings, out-of-state tution and fees are used in our calculations. For statewide rankings, we use average in-state tuition and fees.
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Top Value Business Schools in Indiana
Learn more about these excellent schools below:
Our rankings named Ivy Tech Community College the best value school in Indiana for business students working on their degree. Ivy Tech Community College is a public institution located in Indianapolis, Indiana. The school has a large population, and it awarded 5,260 degrees in 2020-2021.
Ivy Tech Community College undergraduate students pay an average of $8,927 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $15,847 in student loans. During the early years of their career, Ivy Tech Community College graduates make an average of $35,780 annually.
In addition to its great value ranking, Ivy Tech Community College is in the top 15% of all schools on our list.
A rank of #2 on this year’s list means Indiana University - Bloomington is a great place for business students who want to get the most value for their educational dollar. This large public school is located in Bloomington, Indiana, and it awarded 3,422 degrees in 2020-2021.
IU Bloomington undergraduate students pay an average of $38,352 in tuition and fees each year. On average, students take out $19,851 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $395 if they are on a 10-year repayment plan. Once they receive their degree, IU Bloomington graduates enter the workforce, making an average salary of $44,025 during the early year of their career.
IU Bloomington also made our list, coming in at #2.
A rank of #3 on this year’s list means Purdue University - Main Campus is a great place for business students who want to get the most value for their educational dollar. Located in West Lafayette, Indiana, the large public school awarded 2,211 diplomas to qualifed students in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Purdue are $28,794 a year. On average, students take out $19,291 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $358. During the early years of their career, Purdue graduates make an average of $53,430 annually.
Purdue not only placed well in our value ranking, but it is also #3 on our list.
You’ll be in good company if you decide to attend Indiana Wesleyan University - National & Global. It ranked #4 on our list. IWU is a private not-for-profit institution located in Marion, Indiana. The school has a fairly large population, and it awarded 1,367 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at IWU are $9,239 a year. By the time they get their degree, students from this school have racked up an average of $33,493 in student loans. Those who take out this much in loans have to make a monthly payment of about $344 if they are on a 10-year repayment plan. Once they receive their degree, IWU graduates enter the workforce, making an average salary of $46,269 during the early year of their career.
The excellent programs at Indiana University - Southeast helped the school earn the #5 place on this year’s ranking of the best value business schools in Indiana. This small public school is located in New Albany, Indiana, and it awarded 244 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Indiana University - Southeast are $20,934 a year. By the time they get their degree, students from this school have racked up an average of $24,692 in student loans. During the early years of their career, Indiana University - Southeast graduates make an average of $39,554 annually.
Trine University-Regional/Non-Traditional Campuses landed the #6 spot in the rankings for the best value business programs. Trine University-Regional/Non-Traditional Campuses is a small private not-for-profit school located in Fort Wayne, Indiana that handed out 182 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Trine are $9,576 a year. On average, students take out $26,884 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $482, assuming you are on a 10-year repayment plan.After graduating from Trine, students go on to jobs where they make an average of $46,941 during the early years of their career.
Trine excels when it comes to quality. It’s ranked in the top 20% of all schools on our list.
Full Trine University-Regional/Non-Traditional Campuses Report
Indiana University - South Bend did quite well in this year’s ranking of the best value places for business students. It came in at #7 on the list. Indiana University - South Bend is a small public school situated in South Bend, Indiana. It awarded 178 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Indiana University - South Bend are $20,934 a year. Degree recipients from the school accumulate an average of $24,591 in student debt by the time they complete their degree. Once they receive their degree, Indiana University - South Bend graduates enter the workforce, making an average salary of $42,131 during the early year of their career.
Indiana University - Purdue University - Indianapolis did quite well in this year’s ranking of the best value places for business students. It came in at #8 on the list. Located in Indianapolis, Indiana, the large public school awarded 1,258 diplomas to qualifed students in 2020-2021.
IUPUI undergraduate students pay an average of $32,101 in tuition and fees each year. On average, students take out $24,941 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $173 if they are on a 10-year repayment plan.After graduating from IUPUI, students go on to jobs where they make an average of $52,865 during the early years of their career.
Read full report on Indiana University - Purdue University - Indianapolis
Vincennes University ranked #9 on this year’s list. Vincennes, Indiana is the setting for this fairly large institution of higher learning. The public school handed out degrees to 128 students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Vincennes University are $15,253 per year. On average, students take out $16,699 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $149. Once they receive their degree, Vincennes University graduates enter the workforce, making an average salary of $37,687 during the early year of their career.
Ball State University ranked #10 on this year’s list. Ball State is a large public school situated in Muncie, Indiana. It awarded 1,075 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Ball State are $27,524 a year. On average, students take out $23,205 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $267 if they are on a 10-year repayment plan. During the early years of their career, Ball State graduates make an average of $42,329 annually.
Indiana University - Kokomo came in at #11 in this year’s edition of the ranking. IU Kokomo is a small public school situated in Kokomo, Indiana. It awarded 145 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at IU Kokomo are $20,934 a year. By the time they get their degree, students from this school have racked up an average of $25,529 in student loans. During the early years of their career, IU Kokomo graduates make an average of $37,664 annually.
Purdue University Fort Wayne ranked #12 on this year’s list. Located in Fort Wayne, Indiana, the medium-sized public school awarded 337 diplomas to qualifed students in 2020-2021.
PFW undergraduate students pay an average of $21,265 in tuition and fees each year. Degree recipients from the school accumulate an average of $24,698 in student debt by the time they complete their degree.After graduating from PFW, students go on to jobs where they make an average of $44,300 during the early years of their career.
Indiana State University did quite well in this year’s ranking of the best value places for business students. It came in at #13 on the list. Indiana State is located in Terre Haute, Indiana and has a medium-sized student population. In 2020-2021, this school awarded 407 degrees to qualified students.
The average tuition and fees for an out-of-state undergraduate students at Indiana State are $20,862 a year. Degree recipients from the school accumulate an average of $25,069 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $151.After graduating from Indiana State, students go on to jobs where they make an average of $45,808 during the early years of their career.
Purdue University Northwest did quite well in this year’s ranking of the best value places for business students. It came in at #14 on the list. Hammond, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out degrees to 357 students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Purdue Northwest are $14,349 per year. By the time they get their degree, students from this school have racked up an average of $27,454 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $152, assuming you are on a 10-year repayment plan. Once they receive their degree, Purdue Northwest graduates enter the workforce, making an average salary of $43,610 during the early year of their career.
Indiana University - Northwest did quite well in this year’s ranking of the best value places for business students. It came in at #15 on the list. Indiana University - Northwest is a small public school located in Gary, Indiana that handed out 107 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at IU Northwest are $20,934 per year. On average, students take out $27,008 in loans while pursuing their degree. Once they receive their degree, IU Northwest graduates enter the workforce, making an average salary of $42,191 during the early year of their career.
Purdue University Global came in at #16 in this year’s edition of the ranking. Purdue University Global is a public institution located in Indianapolis, Indiana. The school has a large population, and it awarded 3,744 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Purdue University Global are $14,436 per year. By the time they get their degree, students from this school have racked up an average of $36,097 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $133, assuming you are on a 10-year repayment plan. During the early years of their career, Purdue University Global graduates make an average of $43,154 annually.
University of Southern Indiana did quite well in this year’s ranking of the best value places for business students. It came in at #17 on the list. University of Southern Indiana is a medium-sized public school located in Evansville, Indiana that handed out 842 degrees in 2020-2021.
USI undergraduate students pay an average of $21,812 in tuition and fees each year. Degree recipients from the school accumulate an average of $22,145 in student debt by the time they complete their degree. Those who take out this much in loans have to make a monthly payment of about $161 if they are on a 10-year repayment plan. Once they receive their degree, USI graduates enter the workforce, making an average salary of $38,819 during the early year of their career.
Valparaiso University came in at #18 in this year’s edition of the ranking. Valparaiso, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out degrees to 218 students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Valpo are $44,796 per year. On average, students take out $26,241 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $261 if they are on a 10-year repayment plan. During the early years of their career, Valpo graduates make an average of $47,875 annually.
Valpo excels when it comes to quality. It’s ranked in the top 20% of all schools on our list.
Bethel University - Mishawaka landed the #19 spot in the rankings for the best value business programs. Mishawaka, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out degrees to 98 students in 2020-2021.
Bethel University undergraduate students pay an average of $30,830 in tuition and fees each year. On average, students take out $31,149 in loans while pursuing their degree.After graduating from Bethel University, students go on to jobs where they make an average of $42,447 during the early years of their career.
Indiana Institute of Technology ranked #20 on this year’s list. This small private not-for-profit school is located in Fort Wayne, Indiana, and it awarded 265 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Indiana Tech are $28,840 per year. Degree recipients from the school accumulate an average of $36,744 in student debt by the time they complete their degree.After graduating from Indiana Tech, students go on to jobs where they make an average of $42,347 during the early years of their career.
Grace College and Theological Seminary did quite well in this year’s ranking of the best value places for business students. It came in at #21 on the list. Grace College is a small private not-for-profit school situated in Winona Lake, Indiana. It awarded 182 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Grace College are $25,044 per year. Degree recipients from the school accumulate an average of $24,679 in student debt by the time they complete their degree. During the early years of their career, Grace College graduates make an average of $34,626 annually.
University of Saint Francis - Fort Wayne landed the #22 spot in the rankings for the best value business programs. University of St. Francis Fort Wayne is located in Fort Wayne, Indiana and has a small student population. In 2020-2021, this school awarded 115 degrees to qualified students.
University of St. Francis Fort Wayne undergraduate students pay an average of $33,390 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $31,657 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $290, assuming you are on a 10-year repayment plan. Once they receive their degree, University of St. Francis Fort Wayne graduates enter the workforce, making an average salary of $55,001 during the early year of their career.
Huntington University ranked #22 on this year’s list. Huntington is located in Huntington, Indiana and has a small student population. In 2020-2021, this school awarded 68 degrees to qualified students.
The average tuition and fees for an out-of-state undergraduate students at Huntington are $28,192 a year. By the time they get their degree, students from this school have racked up an average of $25,860 in student loans.After graduating from Huntington, students go on to jobs where they make an average of $41,495 during the early years of their career.
Butler University did quite well in this year’s ranking of the best value places for business students. It came in at #24 on the list. Located in Indianapolis, Indiana, the medium-sized private not-for-profit school awarded 542 diplomas to qualifed students in 2020-2021.
Butler undergraduate students pay an average of $43,400 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $25,025 in student loans. Once they receive their degree, Butler graduates enter the workforce, making an average salary of $67,108 during the early year of their career.
Butler also made our list, coming in at #4.
Anderson University Indiana ranked #25 on this year’s list. This small private not-for-profit school is located in Anderson, Indiana, and it awarded 108 degrees in 2020-2021.
Anderson University Indiana undergraduate students pay an average of $32,950 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $28,169 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $236, assuming you are on a 10-year repayment plan.After graduating from Anderson University Indiana, students go on to jobs where they make an average of $37,541 during the early years of their career.
More Indiana Rankings
Notes and References
Footnotes
*These averages are for the top 25 schools only.
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%.
More about our data sources and methodologies.
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