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Best-Value Colleges in Indiana

20 Indiana 4-year colleges ranked by return on investment — 10-year graduate earnings per dollar of net price — among schools that beat the state median on earnings and graduation rate.

Quick answer

The best-value college in Indiana is Purdue University-Main Campus, West Lafayette — a net price of $13,945 against $72,424 in median 10-year earnings, an ROI of 5.2×, with a 83% graduation rate. Every school here turns a modest cost into outsized, above-median earnings.

#SchoolNet price /yr10-yr earningsROI (earn ÷ price)Grad rateIn-state tuition
1Purdue University-Main Campus
West Lafayette, IN
$13,945$72,4245.2×83%$9,992
2Indiana University-Bloomington
Bloomington, IN
$15,342$63,7424.2×81%$11,790
3University of Notre Dame
Notre Dame, IN
$27,823$99,9803.6×97%$62,693
4Ball State University
Muncie, IN
$15,898$51,8333.3×63%$10,758
5Wabash College
Crawfordsville, IN
$21,906$69,9523.2×77%$49,125
6Valparaiso University
Valparaiso, IN
$21,583$63,1912.9×67%$46,588
7DePauw University
Greencastle, IN
$24,546$70,5272.9×80%$57,070
8University of Saint Francis-Fort Wayne
Fort Wayne, IN
$20,361$55,3622.7×61%$35,420
9University of Evansville
Evansville, IN
$20,230$53,7702.7×71%$42,676
10Trine University-Regional/Non-Traditional Campuses
Angola, IN
$21,976$57,1652.6×100%$9,576
11Indiana Wesleyan University-Marion
Marion, IN
$23,069$59,9862.6×66%$31,168
12Chamberlain University-Indiana
Indianapolis, IN
$36,219$92,4052.6×100%$19,686
13Marian University
Indianapolis, IN
$23,594$58,7592.5×61%$39,100
14Rose-Hulman Institute of Technology
Terre Haute, IN
$40,665$101,2532.5×82%$56,674
15Hanover College
Hanover, IN
$21,826$53,9572.5×64%$42,894
16Franklin College
Franklin, IN
$22,762$55,3762.4×63%$37,350
17Trine University
Angola, IN
$25,580$57,1652.2×68%$35,600
18Taylor University
Upland, IN
$24,327$52,1982.1×77%$39,104
19Saint Mary's College
Notre Dame, IN
$28,552$59,3542.1×77%$51,430
20Butler University
Indianapolis, IN
$38,472$77,2352.0×80%$45,980

How we ranked this

From every Indiana four-year college that publishes net price, 10-year median earnings, and graduation rate, we keep only those that beat the state median on earnings and that graduate at least 45% of students (or the state median grad rate, whichever is higher). We then rank by ROI = 10-year median earnings ÷ average annual net price — the dollars of graduate earnings each dollar of net price buys — highest first. This rewards genuine return on investment rather than the cheapest sticker price, and the 4-year + outcome guards keep out the low-completion and 2-year outliers a pure price sort surfaces. Colleges missing any of the three figures are excluded, never estimated. Minimum 5 qualifying schools required to publish a page.

Frequently asked questions

What is the best-value college in Indiana?+

Purdue University-Main Campus in West Lafayette has the highest return on investment among Indiana 4-year colleges that beat the state median on outcomes: a net price of $13,945 against $72,424 in 10-year median earnings — an ROI of 5.2× (dollars earned per dollar of annual net price) — with a 83% graduation rate.

What does "net price" mean?+

Net price is the average annual cost students actually pay after grants and scholarships are subtracted from the full cost of attendance — a far better affordability measure than sticker tuition. We use the College Scorecard average net price.

How is "best value" defined here?+

Value means return on investment, not cheapness. Among Indiana four-year colleges that beat the state median on BOTH 10-year graduate earnings and graduation rate (and graduate at least 45% of students), we rank by the ROI ratio = 10-year median earnings ÷ average annual net price. The school that turns each tuition dollar into the most graduate earnings ranks first.

Is the cheapest college always the best value?+

No. A rock-bottom price that leads to low earnings is worse value than a moderate price that leads to high earnings. That is exactly why we rank by the earnings-to-net-price ratio rather than by lowest price, and require above-median earnings and graduation rates first. Colleges missing net price, earnings, or graduation data are excluded rather than estimated.

Keep exploring

Data sources: U.S. Dept. of Education College Scorecard · IPEDS. Figures are the most recent values published in each federal dataset; cells with no published value are shown as “—” and never estimated. CertiHomes Education does not sell rankings or accept placement fees.