2022 Best Value Bachelor’s Degree Colleges for Insurance (Income Over $110k) 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 Vallue Insurance Schools for a Bachelor’s in Michigan For Those Making Over $110k” 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 Vallue Insurance Schools for a Bachelor’s in Michigan For Those Making Over $110k” ranking, we looked at 3 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.

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. 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 Vallue Insurance Schools for a Bachelor’s in Michigan For Those Making Over $110k”.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

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Best Vallue Insurance Schools for a Bachelor’s in Michigan For Those Making Over $110k

The following schools top our list of the Best Best Vallue Insurance Schools for a Bachelor’s in Michigan For Those Making Over $110k.

Top 3 Best Value Bachelor’s Degree Colleges for Insurance (Income Over $110k) in Michigan

#1

Olivet College

Olivet, Michigan

#3 in overall quality

$21,464 Average Net Price

$49,962 Average Early-Career Earnings

Out of the 3 schools in the Best Vallue Insurance Schools for a Bachelor’s in Michigan For Those Making Over $110k that were part of this year’s ranking, Olivet College landed the #1 spot on the list. Located in Olivet, Michigan, this small private not-for-profit school handed out 18 degrees to qualified bachelors’s insurance students in 2019-2020.

In addition to being on our michigan bachelor’s degree insurance students whose families make more than $110k list, Olivet has also earned the #3 rank in our “Best Insurance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Olivet is $21,464 for michigan bachelor’s degree insurance students whose families make more than $110k.

Full Olivet Insurance Report

#2

Ferris State University

Big Rapids, Michigan

#2 in overall quality

$12,889 Average Net Price

Out of the 3 schools in the Best Vallue Insurance Schools for a Bachelor’s in Michigan For Those Making Over $110k that were part of this year’s ranking, Ferris State University landed the #2 spot on the list. This fairly large school is located in Big Rapids, Michigan, and it awarded 7 bachelors’s insurance degrees in 2019-2020.

Ferris did well in our major quality rankings, too. It placed #2 on our “Best Insurance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Ferris is $12,889 for michigan bachelor’s degree insurance students whose families make more than $110k.

Read more about Insurance at Ferris

#3

Northwood University

Midland, Michigan

#1 in overall quality

$21,618 Average Net Price

Out of the 3 schools in the Best Vallue Insurance Schools for a Bachelor’s in Michigan For Those Making Over $110k that were part of this year’s ranking, Northwood University landed the #3 spot on the list. Located in Midland, Michigan, this small private not-for-profit school awarded 5 diplomas to qualified bachelors’s insurance students in 2019-2020.

Northwood did well in our major quality rankings, too. It placed #1 on our “Best Insurance Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Northwood is $21,618 for Michigan Bachelor’s Degree Insurance students whose families make more than $110k.

The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read more about Insurance at Northwood University

• Best Value Bachelor’s Degree Colleges for Insurance (Income Over $110k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Insurance (Income Over $110k)

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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