College Compass GuideTrue north for every college search.

Best value colleges in the Midwest in Indiana

Colleges in the Midwest with an Academic Excellence grade of B+ or better, ranked by Value: net price after aid, earnings and debt.

Best value colleges in the Midwest in Indiana21 schools

21 schools qualify, ranked by Value.

How this list is made

  • Schools in Indiana.
  • Accredited four-year undergraduate colleges.
  • Academic Excellence grade B+ or better (the top 35% of rated colleges).
  • In the Midwest (U.S. Census Bureau region).
  • Has a Value score from federal data (College Scorecard).
  • Each school needs a complete Compass Score, so every row shows a rating.
  • Ordered by Value, highest first.

Updated Oct. 20, 2026. Methodology. Spot an error? Send a correction.

  1. 1

    Purdue University

    West Lafayette, IN · PublicHonor Roll

    #2 in Indiana

    • Value grade A · Top 4%
    • Net price $14,600 a year
  2. 2

    Indiana University-Indianapolis

    Indianapolis, IN · Public

    Top 20% for low net price

    • Value grade A- · Top 13%
    • Net price $11,668 a year
  3. 3

    Indiana University-Bloomington

    Bloomington, IN · Public

    #5 in Indiana

    • Value grade A- · Top 13%
    • Net price $16,264 a year
  4. 4

    University of Notre Dame

    Notre Dame, IN · Private nonprofitHonor Roll

    #1 in Indiana

    • Value grade B+ · Top 29%
    • Net price $26,780 a year
  5. 5

    Goshen College

    Goshen, IN · Private nonprofit

    Good: Compass grade B

    • Value grade B+ · Top 33%
    • Net price $14,493 a year
  6. 6

    Ball State University

    Muncie, IN · Public

    #18 in Indiana

    • Value grade B+ · Top 35%
    • Net price $14,940 a year
  7. 7

    Oakland City University

    Oakland City, IN · Private nonprofit

    Top 24% for low debt

    • Value grade B · Top 37%
    • Net price $15,210 a year
  8. 8

    Valparaiso University

    Valparaiso, IN · Private nonprofit

    Top 20% for graduation

    • Value grade B · Top 37%
    • Net price $18,578 a year
  9. 9

    DePauw University

    Greencastle, IN · Private nonprofit

    #4 in Indiana

    • Value grade B · Top 40%
    • Net price $22,264 a year
  10. 10

    University of Evansville

    Evansville, IN · Private nonprofit

    #14 in Indiana

    • Value grade B · Top 47%
    • Net price $18,499 a year
  11. 11

    Wabash College

    Crawfordsville, IN · Private nonprofit

    #6 in Indiana

    • Value grade B · Top 48%
    • Net price $24,336 a year
  12. 12

    Indiana Wesleyan University-Marion

    Marion, IN · Private nonprofit

    #16 in Indiana

    • Value grade B
    • Net price $22,866 a year
  13. 13

    Hanover College

    Hanover, IN · Private nonprofit

    #11 in Indiana

    • Value grade B-
    • Net price $21,829 a year
  14. 14

    Taylor University

    Upland, IN · Private nonprofit

    Top 16% for graduation

    • Value grade B-
    • Net price $24,865 a year
  15. 15

    Marian University

    Indianapolis, IN · Private nonprofit

    Top 25% for graduation

    • Value grade B-
    • Net price $24,018 a year
  16. 16

    Huntington University

    Huntington, IN · Private nonprofit

    #19 in Indiana

    • Value grade B-
    • Net price $19,310 a year
  17. 17

    Saint Mary's College

    Notre Dame, IN · Private nonprofit

    #9 in Indiana

    • Value grade B-
    • Net price $25,292 a year
  18. 18

    Earlham College

    Richmond, IN · Private nonprofit

    #10 in Indiana

    • Value grade B-
    • Net price $24,714 a year
  19. 19

    Butler University

    Indianapolis, IN · Private nonprofit

    Top 9% for earnings

    • Value grade C+
    • Net price $36,041 a year
  20. 20

    Holy Cross College

    Notre Dame, IN · Private nonprofit

    Top 17% for graduation

    • Value grade C+
    • Net price $26,728 a year
  21. 21

    Rose-Hulman Institute of Technology

    Terre Haute, IN · Private nonprofit

    Top 2% for earnings

    • Value grade C+
    • Net price $42,513 a year

Compare cost and outcomes

SchoolNet price a yearMedian debtEarnings 10 years outGraduation rate
Purdue University$14,600$19,500$72,42483%
Indiana University-Indianapolis$11,668$20,000$55,19854%
Indiana University-Bloomington$16,264$19,509$63,74280%
University of Notre Dame$26,780$19,000$99,98095%
Goshen College$14,493$22,974$51,94365%
Ball State University$14,940$23,250$51,83362%
Oakland City University$15,210$16,758$43,28366%
Valparaiso University$18,578$26,942$63,19170%
DePauw University$22,264$27,000$70,52775%
University of Evansville$18,499$24,606$53,77064%
Wabash College$24,336$27,000$69,95277%
Indiana Wesleyan University-Marion$22,866$24,250$59,98667%
Hanover College$21,829$25,250$53,95767%
Taylor University$24,865$20,500$52,19874%
Marian University$24,018$27,000$58,75967%
Huntington University$19,310$25,576$46,67264%
Saint Mary's College$25,292$27,000$59,35469%
Earlham College$24,714$23,488$50,79769%
Butler University$36,041$26,000$77,23580%
Holy Cross College$26,728$24,000$50,41673%
Rose-Hulman Institute of Technology$42,513$25,000$101,25378%

Net price is the average yearly cost after grants. Federal data (College Scorecard). “—” means the school reports no figure.

This list in other states

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