2022 Best Value Bachelor’s Degree Colleges for Insurance in the Great Lakes Region (With Aid)
When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” ranking as one item you can use to help make this 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 the Great Lakes region, there were 397 insurance graduates with average earnings and debt of $55,167 and $22,167 respectively. At the bachelor’s degree level specifically, there were 349 insurance graduates with average earnings and debt of $39,075 and $25,381 respectively.
This year’s “Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” ranking analyzed 15 colleges that offered a degree in insurance. This ranking identifies schools with high-quality insurance programs that also have a lower cost than 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.
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One Size Does Not Fit All
Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.
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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid
The following schools top our list of the Best Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid.
Top 15 Best Value Bachelor’s Degree Colleges for Insurance in the Great Lakes Region (With Aid)
Out of the 15 schools in the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Wisconsin - Madison landed the #1 spot on the list. UW - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 137 bachelors’s insurance degrees to qualified students.
UW - Madison also made our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #1. It costs about $17,708 for Great Lakes Region Bachelor’s Degree Insurance students with aid per year to attend University of Wisconsin - Madison.
The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.
Read full report on Insurance at University of Wisconsin - Madison
Out of the 15 schools in the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Franklin University landed the #2 spot on the list. This medium-sized school is located in Columbus, Ohio, and it awarded 10 bachelors’s insurance degrees in 2019-2020.
Franklin University not only placed well in this ranking. It is also #14 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Franklin University is $12,895 for great lakes region bachelor’s degree insurance students with aid.
You’ll join some of the best and brightest minds around if you attend Ball State University. The school came in at #3 for the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid. Muncie, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s insurance degrees to 22 students in 2019-2020.
Ball State also made our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #6. The yearly cost to attend Ball State University is $15,147 for great lakes region bachelor’s degree insurance students with aid.
Out of the 15 schools in the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Ferris State University landed the #4 spot on the list. Big Rapids, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s insurance degrees to 7 students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree insurance students with aid list, Ferris has also earned the #10 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ferris State University is $12,889 for Great Lakes Region Bachelor’s Degree Insurance students with aid.
You’ll join some of the best and brightest minds around if you attend Kent State University at Salem. The school came in at #5 for the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid. Salem, Ohio is the setting for this small institution of higher learning. The public school handed out bachelors’s insurance degrees to 4 students in 2019-2020.
Kent State University at Salem did well in our major quality rankings, too. It placed #15 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Kent State University at Salem is $8,050 for Great Lakes Region Bachelor’s Degree Insurance students with aid.
Read full report on Insurance at Kent State University at Salem
Indiana State University landed the #6 spot on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Located in Terre Haute, Indiana, this fairly large public school handed out 18 diplomas to qualified bachelors’s insurance students in 2019-2020.
Indiana State also took the #11 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $13,896 for Great Lakes Region Bachelor’s Degree Insurance students with aid per year to attend Indiana State.
Ohio State University - Main Campus did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #7. Located in Columbus, Ohio, this large public school handed out 2 degrees to qualified bachelors’s insurance students in 2019-2020.
Ohio State also took the #4 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ohio State University - Main Campus is $17,616 for great lakes region bachelor’s degree insurance students with aid.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
With a ranking of #8, Illinois State University did quite well on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Located in Normal, Illinois, this large public school handed out 71 diplomas to qualified bachelors’s insurance students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree insurance students with aid list, Illinois State has also earned the #2 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Illinois State University is $20,895 for Great Lakes Region Bachelor’s Degree Insurance students with aid.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
University of Saint Francis - Fort Wayne ranked #9 on this year’s Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. University of St. Francis Fort Wayne is located in Fort Wayne, Indiana and, has a small student population. In 2019-2020, this school awarded 9 bachelors’s insurance degrees to qualified students.
University of St. Francis Fort Wayne also took the #8 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Saint Francis - Fort Wayne is $17,796 for Great Lakes Region Bachelor’s Degree Insurance students with aid.
Read more about Insurance at University of St. Francis Fort Wayne
Northwood University ranked #10 on this year’s Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Northwood University is located in Midland, Michigan and, has a small student population. In 2019-2020, this school awarded 5 bachelors’s insurance degrees to qualified students.
Northwood did well in our major quality rankings, too. It placed #7 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $21,618 for Great Lakes Region Bachelor’s Degree Insurance students with aid per year to attend Northwood.
The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Ohio Dominican University came in at #11 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. ODU is located in Columbus, Ohio and, has a small student population. In 2019-2020, this school awarded 5 bachelors’s insurance degrees to qualified students.
In addition to being on our great lakes region bachelor’s degree insurance students with aid list, ODU has also earned the #13 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio Dominican University is $19,960 for great lakes region bachelor’s degree insurance students with aid.
With a ranking of #12, University of Cincinnati - Main Campus did quite well on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. This large school is located in Cincinnati, Ohio, and it awarded 11 bachelors’s insurance degrees in 2019-2020.
UC also made our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #5. The estimated yearly cost for UC is $21,843 for Great Lakes Region Bachelor’s Degree Insurance students with aid.
With a freshman retention rate of 88%, the school does an excellent job of retaining its students.
Read full report on Insurance at University of Cincinnati - Main Campus
Heidelberg University landed the #13 spot on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking. Heidelburg College is located in Tiffin, Ohio and, has a small student population. In 2019-2020, this school awarded 3 bachelors’s insurance degrees to qualified students.
In addition to being on our great lakes region bachelor’s degree insurance students with aid list, Heidelburg College has also earned the #9 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Heidelburg College is $20,893 for Great Lakes Region Bachelor’s Degree Insurance students with aid.
Olivet College did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #14. Olivet is a private not-for-profit institution located in Olivet, Michigan. The school has a small population, and it awarded 18 bachelors’s degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree insurance students with aid list, Olivet has also earned the #12 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Olivet College is $21,464 for great lakes region bachelor’s degree insurance students with aid.
With a ranking of #15, Butler University did quite well on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Getting Aid list. Located in Indianapolis, Indiana, this medium-sized private not-for-profit school handed out 27 degrees to qualified bachelors’s insurance students in 2019-2020.
As a testament to the quality of education offered at Butler, the school also landed the #3 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Butler is $37,645 for Great Lakes Region Bachelor’s Degree Insurance students with aid.
The low student loan default rate of 2.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
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Best Insurance Bachelor's Degree Schools in the Great Lakes Region
Insurance students in the Great Lakes Region
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Most Popular Bachelor's Degree Online Insurance Schools
Insurance students in the Great Lakes Region
Best Value Bachelor's Degree Colleges for Insurance (Income $0-$30k) in the Great Lakes Region
Insurance students with family income less than $30k in the Great Lakes Region
Best Value Bachelor's Degree Colleges for Insurance (Income $48-$75k) in the Great Lakes Region
Insurance students with family income $48-$75k in the Great Lakes Region
Best Value Bachelor's Degree Colleges for Insurance (Income Over $110k) in the Great Lakes Region
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Insurance students in the Great Lakes Region
Most Popular Bachelor's Degree Colleges for Insurance in the Great Lakes Region
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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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