2022 Best Value Bachelor’s Degree Colleges for Insurance in Illinois (With Aid)

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value Insurance Schools for a Bachelor’s in Illinois For Those Getting Aid” ranking as one item you can use to help make this 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 Illinois, there were 83 insurance graduates with average earnings and debt of $52,800 and $19,500 respectively. At the bachelor’s degree level specifically, there were 71 insurance graduates with average earnings and debt of $38,319 and $24,183 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. See our ranking methodology to learn more.

More Ways to Rank Insurance Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Insurance Schools for a Bachelor’s in Illinois For Those Getting Aid” list, to help you choose the best school for you.

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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Insurance Schools for a Bachelor’s in Illinois For Those Getting Aid

The following schools top our list of the Best Best Value Insurance Schools for a Bachelor’s in Illinois For Those Getting Aid.

Top 1 Best Value Bachelor’s Degree Colleges for Insurance in Illinois (With Aid)

#1

Illinois State University

Normal, Illinois

#1 in overall quality

$20,895 Average Net Price

$57,318 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Illinois State University. The school came in at #1 for the Best Value Insurance Schools for a Bachelor’s in Illinois For Those Getting Aid. Located in Normal, Illinois, this large public school handed out 71 degrees to qualified bachelors’s insurance students in 2019-2020.

Illinois State also made our “Best Insurance Bachelor’s Degree Schools in Illinois” list, coming in at #1. It costs about $20,895 for illinois bachelor’s degree insurance students with aid per year to attend Illinois State.

The low student loan default rate of 4.4% 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%.

Read full report on Insurance at Illinois State University

• Best Value Bachelor’s Degree Colleges for Insurance in the Great Lakes Region (With Aid)
• Best Value Bachelor’s Degree Colleges for Insurance (With Aid)

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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