2022 Best Value Bachelor’s Degree Colleges for Insurance (Income $30-$48k) in Michigan

When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

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. At the bachelor’s degree level specifically, there were 30 insurance graduates with average earnings and debt of $40,161 and $25,915 respectively.

This year’s “Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $30-$48k” ranking analyzed 3 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.

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

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 for a Bachelor’s in Michigan For Those Making $30-$48k” list, to help you choose the best school for you.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. 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 Michigan For Those Making $30-$48k

The following schools top our list of the Best Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $30-$48k.

Top 3 Best Value Bachelor’s Degree Colleges for Insurance (Income $30-$48k) in Michigan

#1

Ferris State University

Big Rapids, Michigan

#2 in overall quality

$10,521 Average Net Price

Out of the 3 schools in the Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Ferris State University landed the #1 spot on the 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 #2 spot in our “Best Insurance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Ferris State University is $10,521 for michigan bachelor’s degree insurance students whose families make $30-$48k.

Read more about Insurance at Ferris State University

#2

Northwood University

Midland, Michigan

#1 in overall quality

$14,903 Average Net Price

You’ll join some of the best and brightest minds around if you attend Northwood University. The school came in at #2 for the Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $30-$48k. This small school is located in Midland, Michigan, and it awarded 5 bachelors’s insurance degrees in 2019-2020.

As a testament to the quality of education offered at Northwood, the school also landed the #1 spot in our “Best Insurance Bachelor’s Degree Schools in Michigan” ranking. It costs about $14,903 for Michigan Bachelor’s Degree Insurance students whose families make $30-$48k per year to attend Northwood University.

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

#3

Olivet College

Olivet, Michigan

#3 in overall quality

$19,429 Average Net Price

$49,962 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 #3 for the Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $30-$48k. Olivet is a small private not-for-profit school situated in Olivet, Michigan. It awarded 18 bachelors’s insurance degrees in 2019-2020.

Olivet also took the #3 spot in our “Best Insurance Bachelor’s Degree Schools in Michigan” ranking. It costs about $19,429 for Michigan Bachelor’s Degree Insurance students whose families make $30-$48k per year to attend Olivet.

Read more about Insurance at Olivet

• Best Value Bachelor’s Degree Colleges for Insurance (Income $30-$48k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Insurance (Income $30-$48k)

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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