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

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 $48-$75k” 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.

For this year’s “Best Value Insurance Schools in Michigan For Those Making $48-$75k” ranking, we looked at 4 colleges that offer a degree in insurance. 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. For more information, check out our ranking methodology.

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 in Michigan For Those Making $48-$75k” list, to help you choose the best school for you.

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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Insurance Schools in Michigan For Those Making $48-$75k

The colleges and universities below are the best for michigan insurance students whose families make $48-$75k.

Top 4 Best Value Colleges for Insurance (Income $48-$75k) in Michigan

#1

Ferris State University

Big Rapids, Michigan

#4 in overall quality

$14,101 Average Net Price

$47,625 Average Early-Career Earnings

You’ll be in good company if you decide to attend Ferris State University. It ranked #1 on our 2022 Best Value Insurance Schools in Michigan For Those Making $48-$75k list. 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 $48-$75k list, Ferris has also earned the #4 rank in our “Best Insurance Schools in Michigan” ranking. The yearly cost to attend Ferris is $14,101 for michigan insurance students whose families make $48-$75k.

Full Ferris State University Insurance Report

#2

Northern Michigan University

Marquette, Michigan

#3 in overall quality

$15,753 Average Net Price

$33,689 Average Early-Career Earnings

Out of the 4 schools in the Best Value Insurance Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, Northern Michigan University landed the #2 spot on the list. Northern Michigan University is a public institution located in Marquette, Michigan. The school has a medium-sized population, and it awarded 2 ’s degrees in 2019-2020.

Northern Michigan University also took the #3 spot in our “Best Insurance Schools in Michigan” ranking. The yearly cost to attend Northern Michigan University is $15,753 for Michigan Insurance students whose families make $48-$75k.

Full Northern Michigan University Insurance Report

#3

Northwood University

Midland, Michigan

#1 in overall quality

$20,968 Average Net Price

$45,222 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Northwood University. The school came in at #3 for the Best Value Insurance Schools in Michigan For Those Making $48-$75k. Northwood University is located in Midland, Michigan and, has a small student population. In 2019-2020, this school awarded 5 ’s insurance degrees to qualified students.

Northwood did well in our major quality rankings, too. It placed #1 on our “Best Insurance Schools in Michigan” list. The yearly cost to attend Northwood University is $20,968 for michigan insurance students whose families make $48-$75k.

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

#4

Olivet College

Olivet, Michigan

#2 in overall quality

$24,838 Average Net Price

$35,325 Average Early-Career Earnings

Out of the 4 schools in the Best Value Insurance Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, Olivet College landed the #4 spot on the list. Olivet College is a small private not-for-profit school situated in Olivet, Michigan. It awarded 31 ’s insurance degrees in 2019-2020.

Olivet not only placed well in this ranking. It is also #2 on our “Best Insurance Schools in Michigan” list. It costs about $24,838 for michigan insurance students whose families make $48-$75k per year to attend Olivet.

Read full report on Insurance at Olivet

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