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

It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Vallue Insurance Schools in Michigan For Those Making Over $110k” ranking is part of that endeavor.

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 Michigan, there were 49 insurance graduates with average earnings and debt of $46,100 and $27,000 respectively.

For this year’s “Best Vallue Insurance Schools in Michigan For Those Making Over $110k” 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.

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. Check out our ranking methodology for more information.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Vallue Insurance Schools in Michigan For Those Making Over $110k” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

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Best Vallue Insurance Schools in Michigan For Those Making Over $110k

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

Top 4 Best Value Colleges for Insurance (Income Over $110k) in Michigan

#1

Olivet College

Olivet, Michigan

#2 in overall quality

$21,464 Average Net Price

$35,325 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Olivet College. The school came in at #1 for the Best Vallue Insurance Schools in Michigan For Those Making Over $110k. Olivet is located in Olivet, Michigan and, has a small student population. In 2019-2020, this school awarded 31 ’s insurance degrees to qualified students.

Olivet did well in our major quality rankings, too. It placed #2 on our “Best Insurance Schools in Michigan” list. The yearly cost to attend Olivet is $21,464 for michigan insurance students whose families make more than $110k.

Read full report on Insurance at Olivet College

#2

Ferris State University

Big Rapids, Michigan

#4 in overall quality

$12,889 Average Net Price

$47,625 Average Early-Career Earnings

Out of the 4 schools in the Best Vallue Insurance Schools 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 11 ’s insurance degrees in 2019-2020.

Ferris not only placed well in this ranking. It is also #4 on our “Best Insurance Schools in Michigan” list. It costs about $12,889 for michigan insurance students whose families make more than $110k per year to attend Ferris State University.

Full Ferris State University Insurance Report

#3

Northern Michigan University

Marquette, Michigan

#3 in overall quality

$15,453 Average Net Price

$33,689 Average Early-Career Earnings

You’ll be in good company if you decide to attend Northern Michigan University. It ranked #3 on our 2022 Best Vallue Insurance Schools in Michigan For Those Making Over $110k list. Marquette, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s insurance degrees to 2 students in 2019-2020.

Northern Michigan University also made our “Best Insurance Schools in Michigan” list, coming in at #3. It costs about $15,453 for Michigan Insurance students whose families make more than $110k per year to attend Northern Michigan University.

Full Northern Michigan University Insurance Report

#4

Northwood University

Midland, Michigan

#1 in overall quality

$21,618 Average Net Price

$45,222 Average Early-Career Earnings

Out of the 4 schools in the Best Vallue Insurance Schools in Michigan For Those Making Over $110k that were part of this year’s ranking, Northwood University landed the #4 spot on the list. Located in Midland, Michigan, this small private not-for-profit school handed out 5 degrees to qualified ’s insurance students in 2019-2020.

As a testament to the quality of education offered at Northwood, the school also landed the #1 spot in our “Best Insurance Schools in Michigan” ranking. It costs about $21,618 for michigan insurance students whose families make more than $110k 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

• 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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