2022 Best Value Bachelor’s Degree Colleges for Insurance (Income $0-$30k) in the Great Lakes Region
With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking - to help you make that decision.
In 2019-2020, 1,811 people earned their degree in insurance, making the major the 206th most popular in the United States. In 2017-2018, insurance graduates who were awarded their degree in 2015-2017, earned an average of $57,694 and had an average of $23,336 in loans still to pay off.
Across the Great Lakes region, there were 397 insurance graduates with average earnings and debt of $55,167 and $22,167 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.
This year’s “Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking looked at 15 colleges that offer degrees in a bachelor’s in insurance. This ranking identifies schools with high-quality insurance programs that also have a lower cost than schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the insurance program at the school. See our ranking methodology to learn more.
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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 $0-$30k” 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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k
The following schools top our list of the Best Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k.
Top 15 Best Value Bachelor’s Degree Colleges for Insurance (Income $0-$30k) 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 $0-$30k. University of Wisconsin - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 137 bachelors’s insurance degrees to qualified students.
In addition to being on our great lakes region bachelor’s degree insurance students whose families make $0-$30k list, UW - Madison has also earned the #1 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend UW - Madison is $4,367 for great lakes region bachelor’s degree insurance students whose families make $0-$30k.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. 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%.
You’ll join some of the best and brightest minds around if you attend Ohio State University - Main Campus. The school came in at #2 for the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. 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. It costs about $8,194 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $0-$30k per year to attend Ohio State University - Main Campus.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. 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%.
You’ll join some of the best and brightest minds around if you attend Ferris State University. The school came in at #3 for the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. This fairly large school is located in Big Rapids, Michigan, and it awarded 7 bachelors’s insurance degrees in 2019-2020.
Ferris did well in our major quality rankings, too. It placed #10 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $7,207 for great lakes region bachelor’s degree insurance students whose families make $0-$30k per year to attend Ferris State University.
Out of the 15 schools in the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Ball State University landed the #4 spot on the list. Located in Muncie, Indiana, this large public school handed out 22 diplomas to qualified bachelors’s insurance students in 2019-2020.
Ball State not only placed well in this ranking. It is also #6 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $8,403 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $0-$30k per year to attend Ball State University.
You’ll be in good company if you decide to attend Franklin University. It ranked #5 on our 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Franklin University is a medium-sized school located in Columbus, Ohio that handed out 10 bachelors’s insurance degrees in 2019-2020.
Franklin University did well in our major quality rankings, too. It placed #14 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $11,328 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $0-$30k per year to attend Franklin University.
Illinois State University came in at #6 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Illinois State is a large school located in Normal, Illinois that handed out 71 bachelors’s insurance degrees in 2019-2020.
Illinois State did well in our major quality rankings, too. It placed #2 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Illinois State University is $14,470 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $0-$30k.
The low student loan default rate of 4.4% 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%.
Kent State University at Salem landed the #7 spot on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Kent State University at Salem is a small school located in Salem, Ohio that handed out 4 bachelors’s insurance degrees in 2019-2020.
As a testament to the quality of education offered at Kent State University at Salem, the school also landed the #15 spot 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 $5,765 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $0-$30k.
Indiana State University ranked #8 on this year’s Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Indiana State is located in Terre Haute, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 18 bachelors’s insurance degrees to qualified students.
Indiana State not only placed well in this ranking. It is also #11 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Indiana State University is $9,422 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $0-$30k.
University of Saint Francis - Fort Wayne ranked #9 on this year’s Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k 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 $0-$30k 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. It costs about $12,429 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $0-$30k per year to attend University of St. Francis Fort Wayne.
Read full report on Insurance at University of Saint Francis - Fort Wayne
With a ranking of #10, University of Cincinnati - Main Campus did quite well on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. This large school is located in Cincinnati, Ohio, and it awarded 11 bachelors’s insurance degrees in 2019-2020.
UC did well in our major quality rankings, too. It placed #5 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for UC is $15,078 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
Northwood University ranked #11 on this year’s Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Northwood is located in Midland, Michigan and, has a small student population. In 2019-2020, this school awarded 5 bachelors’s insurance degrees to qualified students.
Northwood not only placed well in this ranking. It is also #7 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Northwood University is $14,573 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $0-$30k.
Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Heidelberg University came in at #12 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Heidelburg College is a small private not-for-profit school situated in Tiffin, Ohio. It awarded 3 bachelors’s insurance degrees in 2019-2020.
Heidelburg College also took the #9 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Heidelberg University is $16,385 for great lakes region bachelor’s degree insurance students whose families make $0-$30k.
With a ranking of #13, Ohio Dominican University did quite well on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. ODU is located in Columbus, Ohio and, has a small student population. In 2019-2020, this school awarded 5 bachelors’s insurance degrees to qualified students.
ODU not only placed well in this ranking. It is also #13 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Ohio Dominican University is $18,734 for great lakes region bachelor’s degree insurance students whose families make $0-$30k.
Olivet College landed the #14 spot on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Olivet is located in Olivet, Michigan and, has a small student population. In 2019-2020, this school awarded 18 bachelors’s insurance degrees to qualified students.
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 $20,867 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $0-$30k per year to attend Olivet.
Butler University came in at #15 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. This medium-sized school is located in Indianapolis, Indiana, and it awarded 27 bachelors’s insurance degrees in 2019-2020.
Butler did well in our major quality rankings, too. It placed #3 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $28,783 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $0-$30k per year to attend Butler University.
The student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
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Best Insurance Bachelor's Degree Schools in the Great Lakes Region
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Insurance students in the Great Lakes Region
Best Value Bachelor's Degree Colleges for Insurance (Income $0-$30k) in the Great Lakes Region
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Insurance students with family income $48-$75k in the Great Lakes Region
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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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