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

Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $48-$75k” ranking - to help you make that decision.

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.

For this year’s “Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $48-$75k” ranking, we looked at 3 colleges that offer a degree in insurance. The schools that top this list are recognized because they have great insurance programs and 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.

More Ways to Rank Insurance Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

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. 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 $48-$75k

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

Top 3 Best Value Bachelor’s Degree Colleges for Insurance (Income $48-$75k) in Michigan

#1

Ferris State University

Big Rapids, Michigan

#2 in overall quality

$14,101 Average Net Price

Out of the 3 schools in the Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $48-$75k that were part of this year’s ranking, Ferris State University landed the #1 spot on the list. Ferris is a fairly large public school situated in Big Rapids, Michigan. It awarded 7 bachelors’s insurance degrees in 2019-2020.

Ferris not only placed well in this ranking. It is also #2 on our “Best Insurance Bachelor’s Degree Schools in Michigan” list. It costs about $14,101 for michigan bachelor’s degree insurance students whose families make $48-$75k per year to attend Ferris State University.

Read full report on Insurance at Ferris

#2

Northwood University

Midland, Michigan

#1 in overall quality

$20,968 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 $48-$75k. Northwood University is a small private not-for-profit school situated in Midland, Michigan. It awarded 5 bachelors’s insurance degrees in 2019-2020.

In addition to being on our michigan bachelor’s degree insurance students whose families make $48-$75k list, Northwood has also earned the #1 rank in our “Best Insurance Bachelor’s Degree Schools in Michigan” ranking. It costs about $20,968 for michigan bachelor’s degree insurance students whose families make $48-$75k per year to attend Northwood University.

With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read more about Insurance at Northwood

#3

Olivet College

Olivet, Michigan

#3 in overall quality

$24,838 Average Net Price

$49,962 Average Early-Career Earnings

Out of the 3 schools in the Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $48-$75k that were part of this year’s ranking, Olivet College landed the #3 spot on the list. 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 made our “Best Insurance Bachelor’s Degree Schools in Michigan” list, coming in at #3. The estimated yearly cost for Olivet College is $24,838 for michigan bachelor’s degree insurance students whose families make $48-$75k.

Read full report on Insurance at Olivet College

• 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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