TERRE HAUTE, Ind. (WTWO/WAWV) — Indiana has multiple colleges and universities that help young Hoosiers excel in the career path they desire, but which one has the best educational value?
A new study conducted by SmartAsset compared schools in Indiana based on a variety of financial factors and data sets, including tuition, living expenses, student retention rate, median starting salary and scholarships awarded. Based on those factors, SmartAsset then gives each university a “College Education Value Score” out of 100.
According to the study, Purdue University (Main Campus) is ranked as the number one Indiana college or university with a score of 87.54, while Purdue University (Northwest) is ranked number three with a score of 70.5.
The study also ranked Indiana State University in Terre Haute at number five with a value score of 69.4.
The study also found that out of the top five universities in Indiana, Purdue University (Main and Norhtwest Campus), Ball State University, Indiana State University and University of Southern Indiana, Indiana State has the highest cost of living with an average cost of $7,525.
Below is a list of the top five colleges or universities in Indiana, based on SmartAsset’s study:
- Purdue University (Main Campus) — 87.54
- Ball State University — 77.73
- Purdue University (Northwest) — 70.57
- University of Southern Indiana — 70.04
- Indiana State University — 67.3

