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

Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Insurance Schools in Michigan For Those Making $0-$30k” ranking.

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 Michigan, there were 49 insurance graduates with average earnings and debt of $46,100 and $27,000 respectively.

This year’s “Best Value Insurance Schools in Michigan For Those Making $0-$30k” ranking analyzed 4 colleges that offered a degree in insurance. This ranking identifies schools with high-quality insurance programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the insurance program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

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 in Michigan 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. Go ahead and give it a try, or bookmark the link so you can check it out later.

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

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

Top 4 Best Value Colleges for Insurance (Income $0-$30k) in Michigan

#1

Ferris State University

Big Rapids, Michigan

#4 in overall quality

$7,207 Average Net Price

$47,625 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Ferris State University. The school came in at #1 for the Best Value Insurance Schools in Michigan For Those Making $0-$30k. Big Rapids, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s insurance degrees to 11 students in 2019-2020.

In addition to being on our michigan insurance students whose families make $0-$30k list, Ferris has also earned the #4 rank in our “Best Insurance Schools in Michigan” ranking. It costs about $7,207 for Michigan Insurance students whose families make $0-$30k per year to attend Ferris.

Read more about Insurance at Ferris

#2

Northern Michigan University

Marquette, Michigan

#3 in overall quality

$9,137 Average Net Price

$33,689 Average Early-Career Earnings

You’ll be in good company if you decide to attend Northern Michigan University. It ranked #2 on our 2022 Best Value Insurance Schools in Michigan For Those Making $0-$30k list. Marquette, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s insurance degrees to 2 students in 2019-2020.

Northern Michigan University not only placed well in this ranking. It is also #3 on our “Best Insurance Schools in Michigan” list. It costs about $9,137 for michigan insurance students whose families make $0-$30k per year to attend Northern Michigan University.

Read more about Insurance at Northern Michigan University

#3

Northwood University

Midland, Michigan

#1 in overall quality

$14,573 Average Net Price

$45,222 Average Early-Career Earnings

Out of the 4 schools in the Best Value Insurance Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Northwood University landed the #3 spot on the list. Northwood is a small school located in Midland, Michigan that handed out 5 ’s insurance degrees in 2019-2020.

Northwood not only placed well in this ranking. It is also #1 on our “Best Insurance Schools in Michigan” list. The estimated yearly cost for Northwood is $14,573 for michigan 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.

Read more about Insurance at Northwood University

#4

Olivet College

Olivet, Michigan

#2 in overall quality

$20,867 Average Net Price

$35,325 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Olivet College. The school came in at #4 for the Best Value Insurance Schools in Michigan For Those Making $0-$30k. Located in Olivet, Michigan, this small private not-for-profit school awarded 31 degrees to qualified ’s insurance students in 2019-2020.

Olivet not only placed well in this ranking. It is also #2 on our “Best Insurance Schools in Michigan” list. The estimated yearly cost for Olivet College is $20,867 for Michigan Insurance students whose families make $0-$30k.

Read more about Insurance at Olivet

• 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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