2022 Best Value Insurance Schools for a Bachelor’s in Michigan For Those Getting Aid

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Insurance Schools for a Bachelor’s in Michigan 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 Michigan, there were 49 insurance graduates with average earnings and debt of $46,100 and $27,000 respectively. At the bachelor’s degree level specifically, there were 30 insurance graduates with average earnings and debt of $40,161 and $25,915 respectively.

This year’s “Best Value Insurance Schools for a Bachelor’s in Michigan For Those Getting Aid” ranking analyzed 3 colleges that offered a degree in insurance. The schools that top this list are recognized because they have great insurance programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the insurance program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

More Ways to Rank Insurance Schools

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 Michigan For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

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

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

Top 3 Best Value Bachelor’s Degree Colleges for Insurance in Michigan (With Aid)

#1

Ferris State University

Big Rapids, Michigan

#2 in overall quality

$12,889 Average Net Price

You’ll be in good company if you decide to attend Ferris State University. It ranked #1 on our 2022 Best Value Insurance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Ferris is located in Big Rapids, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 7 bachelors’s insurance degrees to qualified students.

As a testament to the quality of education offered at Ferris, the school also landed the #2 spot in our “Best Insurance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Ferris is $12,889 for michigan bachelor’s degree insurance students with aid.

Full Ferris Insurance Report

#2

Northwood University

Midland, Michigan

#1 in overall quality

$21,618 Average Net Price

You’ll be in good company if you decide to attend Northwood University. It ranked #2 on our 2022 Best Value Insurance Schools for a Bachelor’s in Michigan For Those Getting Aid list. Midland, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s insurance degrees to 5 students in 2019-2020.

Northwood also made our “Best Insurance Bachelor’s Degree Schools in Michigan” list, coming in at #1. The estimated yearly cost for Northwood University is $21,618 for Michigan Bachelor’s Degree Insurance students with aid.

The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on Insurance at Northwood

#3

Olivet College

Olivet, Michigan

#3 in overall quality

$21,464 Average Net Price

$49,962 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 #3 for the Best Value Insurance Schools for a Bachelor’s in Michigan For Those Getting Aid. Olivet College is a small private not-for-profit school situated in Olivet, Michigan. It awarded 18 bachelors’s insurance degrees in 2019-2020.

Olivet also took the #3 spot in our “Best Insurance Bachelor’s Degree Schools in Michigan” ranking. It costs about $21,464 for Michigan Bachelor’s Degree Insurance students with aid per year to attend Olivet College.

Read more about Insurance at Olivet

• 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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