2022 Best Value Bachelor’s Degree Colleges for Insurance (Income $30-$48k) in the Great Lakes Region
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k” ranking as one item you can use to help make this decision.
Insurance is the 333rd most popular major in the country with 1,811 degrees awarded in 2019-2020.
Across the Great Lakes region, there were 397 insurance graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 349 insurance graduates with average earnings and debt of $39,075 and $25,381 respectively.
For this year’s “Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k” ranking, we looked at 15 colleges that offer a degree in insurance. Not only do the schools that top this list have excellent insurance programs, but they also cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the insurance program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.
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More Ways to Rank Insurance Schools
When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k” list to help you make the college decision.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k
The colleges and universities below are the best for great lakes region bachelor’s degree insurance students whose families make $30-$48k.
Top 15 Best Value Bachelor’s Degree Colleges for Insurance (Income $30-$48k) in the Great Lakes Region
You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Madison. The school came in at #1 for the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k. This large school is located in Madison, Wisconsin, and it awarded 137 bachelors’s insurance degrees in 2019-2020.
UW - Madison not only placed well in this ranking. It is also #1 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $6,860 for great lakes region bachelor’s degree insurance students whose families make $30-$48k per year to attend University of Wisconsin - Madison.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.
Out of the 15 schools in the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Franklin University landed the #2 spot on the list. Located in Columbus, Ohio, this medium-sized private not-for-profit school awarded 10 degrees to qualified bachelors’s insurance students in 2019-2020.
Franklin University also made our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #14. It costs about $11,992 for great lakes region bachelor’s degree insurance students whose families make $30-$48k per year to attend Franklin University.
You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #3 on our 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Ohio State University - Main Campus is a large school located in Columbus, Ohio that handed out 2 bachelors’s insurance degrees in 2019-2020.
As a testament to the quality of education offered at Ohio State, the school also landed the #4 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio State University - Main Campus is $10,037 for great lakes region bachelor’s degree insurance students whose families make $30-$48k.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend Ball State University. It ranked #4 on our 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Muncie, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s insurance degrees to 22 students in 2019-2020.
Ball State did well in our major quality rankings, too. It placed #6 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Ball State is $10,487 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $30-$48k.
You’ll be in good company if you decide to attend Illinois State University. It ranked #5 on our 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Illinois State University is a large public school situated in Normal, Illinois. It awarded 71 bachelors’s insurance degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree insurance students whose families make $30-$48k list, Illinois State has also earned the #2 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Illinois State is $14,999 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Ferris State University ranked #6 on this year’s Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Big Rapids, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s insurance degrees to 7 students in 2019-2020.
As a testament to the quality of education offered at Ferris, the school also landed the #10 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ferris State University is $10,521 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $30-$48k.
Indiana State University landed the #7 spot on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Indiana State University is a fairly large public school situated in Terre Haute, Indiana. It awarded 18 bachelors’s insurance degrees in 2019-2020.
As a testament to the quality of education offered at Indiana State, the school also landed the #11 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Indiana State is $11,182 for great lakes region bachelor’s degree insurance students whose families make $30-$48k.
Kent State University at Salem landed the #8 spot on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Kent State University at Salem is located in Salem, Ohio and, has a small student population. In 2019-2020, this school awarded 4 bachelors’s insurance degrees to qualified students.
In addition to being on our great lakes region bachelor’s degree insurance students whose families make $30-$48k list, Kent State University at Salem has also earned the #15 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Kent State University at Salem is $7,028 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $30-$48k.
Northwood University did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #9. Northwood University is a private not-for-profit institution located in Midland, Michigan. The school has a small population, and it awarded 5 bachelors’s degrees in 2019-2020.
Northwood also took the #7 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Northwood University is $14,903 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $30-$48k.
The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
University of Cincinnati - Main Campus came in at #10 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. University of Cincinnati - Main Campus is a large school located in Cincinnati, Ohio that handed out 11 bachelors’s insurance degrees in 2019-2020.
UC also took the #5 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $18,106 for great lakes region bachelor’s degree insurance students whose families make $30-$48k per year to attend University of Cincinnati - Main Campus.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
University of Saint Francis - Fort Wayne ranked #11 on this year’s Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. University of Saint Francis - Fort Wayne is a private not-for-profit institution located in Fort Wayne, Indiana. The school has a small population, and it awarded 9 bachelors’s degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree insurance students whose families make $30-$48k list, University of St. Francis Fort Wayne has also earned the #8 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of St. Francis Fort Wayne is $12,041 for great lakes region bachelor’s degree insurance students whose families make $30-$48k.
Read full report on Insurance at University of Saint Francis - Fort Wayne
Heidelberg University did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #12. This small school is located in Tiffin, Ohio, and it awarded 3 bachelors’s insurance degrees in 2019-2020.
As a testament to the quality of education offered at Heidelburg College, the school also landed the #9 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $16,683 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $30-$48k per year to attend Heidelberg University.
Ohio Dominican University landed the #13 spot on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Located in Columbus, Ohio, this small private not-for-profit school awarded 5 diplomas to qualified bachelors’s insurance students in 2019-2020.
As a testament to the quality of education offered at ODU, the school also landed the #13 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $19,209 for great lakes region bachelor’s degree insurance students whose families make $30-$48k per year to attend ODU.
Olivet College did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #14. Olivet, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s insurance degrees to 18 students in 2019-2020.
As a testament to the quality of education offered at Olivet, the school also landed the #12 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $19,429 for great lakes region bachelor’s degree insurance students whose families make $30-$48k per year to attend Olivet.
Butler University landed the #15 spot on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Indianapolis, Indiana is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s insurance degrees to 27 students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree insurance students whose families make $30-$48k list, Butler has also earned the #3 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $32,661 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $30-$48k per year to attend Butler University.
The low student loan default rate of 2.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
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Notes and References
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%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
Credits
- Credit for the banner image above goes to Nick Youngson.
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