2022 Best Value Insurance Schools for a Bachelor’s in Illinois For Those Making $0-$30k

When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Insurance Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking as one item you can use to help make this 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 Illinois, there were 83 insurance graduates with average earnings and debt of $52,800 and $19,500 respectively. At the bachelor’s degree level specifically, there were 71 insurance graduates with average earnings and debt of $38,319 and $24,183 respectively.

The schools that top this list are recognized because they have great insurance programs and 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. See our ranking methodology to learn more.

One Size Does Not Fit All

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 Illinois For Those Making $0-$30k” list to help you make the college decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Insurance Schools for a Bachelor’s in Illinois For Those Making $0-$30k

The following schools top our list of the Best Best Value Insurance Schools for a Bachelor’s in Illinois For Those Making $0-$30k.

Top 1 Best Value Bachelor’s Degree Colleges for Insurance (Income $0-$30k) in Illinois

#1

Illinois State University

Normal, Illinois

#1 in overall quality

$14,470 Average Net Price

$57,318 Average Early-Career Earnings

Out of the 1 schools in the Best Value Insurance Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, Illinois State University landed the #1 spot on the list. Illinois State is located in Normal, Illinois and, has a large student population. In 2019-2020, this school awarded 71 bachelors’s insurance degrees to qualified students.

In addition to being on our illinois bachelor’s degree insurance students whose families make $0-$30k list, Illinois State has also earned the #1 rank in our “Best Insurance Bachelor’s Degree Schools in Illinois” ranking. It costs about $14,470 for illinois bachelor’s degree insurance students whose families make $0-$30k per year to attend Illinois State University.

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%.

Full Illinois State University Insurance Report

• Best Value Bachelor’s Degree Colleges for Insurance (Income $0-$30k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Insurance (Income $0-$30k)

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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