2022 Best Value Colleges for Insurance (Income $30-$48k) in Illinois

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 in Illinois 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 Illinois, there were 83 insurance graduates with average earnings and debt of $52,800 and $19,500 respectively.

Not only do the schools that top this list have excellent insurance programs, but they also cost less that 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.

One Size Does Not Fit All

The insurance school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Insurance Schools in Illinois For Those Making $30-$48k”.

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 Illinois For Those Making $30-$48k

The colleges and universities below are the best for illinois insurance students whose families make $30-$48k.

Top 1 Best Value Colleges for Insurance (Income $30-$48k) in Illinois

#1

Illinois State University

Normal, Illinois

#1 in overall quality

$14,999 Average Net Price

$42,245 Average Early-Career Earnings

You’ll be in good company if you decide to attend Illinois State University. It ranked #1 on our 2022 Best Value Insurance Schools in Illinois For Those Making $30-$48k list. Illinois State is a public institution located in Normal, Illinois. The school has a large population, and it awarded 71 ’s degrees in 2019-2020.

As a testament to the quality of education offered at Illinois State, the school also landed the #1 spot in our “Best Insurance Schools in Illinois” ranking. It costs about $14,999 for Illinois Insurance students whose families make $30-$48k per year to attend Illinois State.

The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.

Full Illinois State University Insurance Report

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