2022 Best Value Master’s Degree Colleges for Insurance (Income Over $110k) in the Great Lakes Region

It’s not easy to decide which college to attend when there so many options available for students. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Vallue Insurance Schools for a Master’s in the Great Lakes Region For Those Making Over $110k” ranking is one tool we have developed to help in this regard.

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 the Great Lakes region, there were 397 insurance graduates with average earnings and debt of $55,167 and $22,167 respectively. At the master’s degree level specifically, there were 17 insurance graduates with average earnings and debt of $57,039 and $42,488 respectively.

For this year’s “Best Vallue Insurance Schools for a Master’s in the Great Lakes Region For Those Making Over $110k” ranking, we looked at 2 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. See our ranking methodology to learn more.

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 Master’s in the Great Lakes Region 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. 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 for a Master’s in the Great Lakes Region For Those Making Over $110k

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

Top 2 Best Value Master’s Degree Colleges for Insurance (Income Over $110k) in the Great Lakes Region

#1

Olivet College

Olivet, Michigan

#1 in overall quality

$21,464 Average Net Price

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 for a Master’s in the Great Lakes Region For Those Making Over $110k. Olivet College is a private not-for-profit institution located in Olivet, Michigan. The school has a small population, and it awarded 13 masters’s degrees in 2019-2020.

Olivet also made our “Best Insurance Master’s Degree Schools in the Great Lakes Region” list, coming in at #1.

Full Olivet Insurance Report

#2

University of Wisconsin - Madison

Madison, Wisconsin

$25,523 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Madison. The school came in at #2 for the Best Vallue Insurance Schools for a Master’s in the Great Lakes Region For Those Making Over $110k. University of Wisconsin - Madison is a large school located in Madison, Wisconsin that handed out 4 masters’s insurance degrees in 2019-2020.

UW - Madison also made our “Best Insurance Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. Average graduate tuition and fees at University of Wisconsin - Madison are $25,523, but you may pay more or less depending on your major.

Full UW - Madison Insurance Report

• Best Value Master’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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