2022 Best Value Bachelor’s Degree Colleges for Insurance (Income $48-$75k) in Illinois

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 for a Bachelor’s in Illinois For Those Making $48-$75k” ranking.

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. At the bachelor’s degree level specifically, there were 71 insurance graduates with average earnings and debt of $38,319 and $24,183 respectively.

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

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 for a Bachelor’s in Illinois For Those Making $48-$75k”.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. 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 for a Bachelor’s in Illinois For Those Making $48-$75k

The following schools top our list of the Best Best Value Insurance Schools for a Bachelor’s in Illinois For Those Making $48-$75k.

Top 1 Best Value Bachelor’s Degree Colleges for Insurance (Income $48-$75k) in Illinois

#1

Illinois State University

Normal, Illinois

#1 in overall quality

$19,080 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 $48-$75k 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 handed out 71 degrees to qualified bachelors’s insurance students in 2019-2020.

Illinois State also took the #1 spot in our “Best Insurance Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Illinois State University is $19,080 for Illinois Bachelor’s Degree Insurance students whose families make $48-$75k.

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%.

Read more about Insurance at Illinois State

• Best Value Bachelor’s Degree Colleges for Insurance (Income $48-$75k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Insurance (Income $48-$75k)

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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