2022 Best Value Colleges for Insurance in Illinois (With Aid)

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Insurance Schools in Illinois For Those Getting Aid” ranking - to help you make that 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.

Not only do the schools that top this list have excellent insurance programs, but they also 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.

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 in Illinois 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. 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 in Illinois For Those Getting Aid

The following schools top our list of the Best Best Value Insurance Schools in Illinois For Those Getting Aid.

Top 1 Best Value Colleges for Insurance in Illinois (With Aid)

#1

Illinois State University

Normal, Illinois

#1 in overall quality

$20,895 Average Net Price

$42,245 Average Early-Career Earnings

Out of the 1 schools in the Best Value Insurance Schools in Illinois For Those Getting Aid that were part of this year’s ranking, Illinois State University landed the #1 spot on the list. Illinois State is a large public school situated in Normal, Illinois. It awarded 71 ’s insurance degrees in 2019-2020.

Illinois State also took the #1 spot in our “Best Insurance Schools in Illinois” ranking. The yearly cost to attend Illinois State University is $20,895 for Illinois Insurance students with aid.

The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.

Full Illinois State Insurance Report

• Best Value Colleges for Insurance in the Great Lakes Region (With Aid)
• Best Value 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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