2022 Best Value Colleges for Insurance (Income $0-$30k) in Illinois

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 in Illinois For Those Making $0-$30k” ranking - to help you make that decision.

Insurance is the 206th most popular major in the country with 1,811 degrees awarded in 2019-2020. 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.

The schools that top this list are recognized because they have great insurance programs and cost less that 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. Check out our ranking methodology for more information.

More Ways to Rank Insurance Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Insurance Schools in Illinois For Those Making $0-$30k” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Insurance Schools in Illinois For Those Making $0-$30k

The colleges and universities below are the best for illinois insurance students whose families make $0-$30k.

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

#1

Illinois State University

Normal, Illinois

#1 in overall quality

$14,470 Average Net Price

$42,245 Average Early-Career Earnings

Out of the 1 schools in the Best Value Insurance Schools 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. Located in Normal, Illinois, this large public school awarded 71 diplomas to qualified ’s insurance students in 2019-2020.

Illinois State also made our “Best Insurance Schools in Illinois” list, coming in at #1. The estimated yearly cost for Illinois State University is $14,470 for Illinois 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%.

Read more about Insurance at Illinois State

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