2022 Best Value Colleges for Insurance (Income Over $110k) in Illinois

It’s not easy to decide which college to attend when there so many options available for students. One of our goals at College Factual is to give you as much information as we can - such as our “Best Vallue Insurance Schools in Illinois For Those Making Over $110k” ranking - to help you make that decision.

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.

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

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 in Illinois For Those Making Over $110k”.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. 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 in Illinois For Those Making Over $110k

The colleges and universities below are the best for illinois insurance students whose families make more than $110k.

Top 1 Best Value Colleges for Insurance (Income Over $110k) in Illinois

#1

Illinois State University

Normal, Illinois

#1 in overall quality

$20,895 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 Vallue Insurance Schools in Illinois For Those Making Over $110k list. Illinois State University is a large public school situated in Normal, Illinois. It awarded 71 ’s insurance degrees in 2019-2020.

Illinois State also took the #1 spot in our “Best Insurance Schools in Illinois” ranking. It costs about $20,895 for Illinois Insurance students whose families make more than $110k per year to attend Illinois State.

The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.

Full Illinois State University Insurance Report

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