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

When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Insurance Schools in Michigan For Those Getting Aid” ranking is one tool we have developed to help in this regard.

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.

This year’s “Best Value Insurance Schools in Michigan For Those Getting Aid” ranking analyzed 4 colleges that offered 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. Check out our ranking methodology for more information.

More Ways to Rank Insurance Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Insurance Schools in Michigan For Those Getting Aid” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Insurance Schools in Michigan For Those Getting Aid

The colleges and universities below are the best for michigan insurance students with aid.

Top 4 Best Value Colleges for Insurance in Michigan (With Aid)

#1

Ferris State University

Big Rapids, Michigan

#4 in overall quality

$12,889 Average Net Price

$47,625 Average Early-Career Earnings

You’ll be in good company if you decide to attend Ferris State University. It ranked #1 on our 2022 Best Value Insurance Schools in Michigan For Those Getting Aid list. This fairly large school is located in Big Rapids, Michigan, and it awarded 11 ’s insurance degrees in 2019-2020.

Ferris not only placed well in this ranking. It is also #4 on our “Best Insurance Schools in Michigan” list. The yearly cost to attend Ferris State University is $12,889 for Michigan Insurance students with aid.

Read full report on Insurance at Ferris

#2

Northern Michigan University

Marquette, Michigan

#3 in overall quality

$15,453 Average Net Price

$33,689 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Northern Michigan University. The school came in at #2 for the Best Value Insurance Schools in Michigan For Those Getting Aid. Located in Marquette, Michigan, this medium-sized public school handed out 2 diplomas to qualified ’s insurance students in 2019-2020.

As a testament to the quality of education offered at Northern Michigan University, the school also landed the #3 spot in our “Best Insurance Schools in Michigan” ranking. The estimated yearly cost for Northern Michigan University is $15,453 for Michigan Insurance students with aid.

Full Northern Michigan University Insurance Report

#3

Northwood University

Midland, Michigan

#1 in overall quality

$21,618 Average Net Price

$45,222 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Northwood University. The school came in at #3 for the Best Value Insurance Schools in Michigan For Those Getting Aid. Northwood University is a small private not-for-profit school situated in Midland, Michigan. It awarded 5 ’s insurance degrees in 2019-2020.

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

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.

Read more about Insurance at Northwood

#4

Olivet College

Olivet, Michigan

#2 in overall quality

$21,464 Average Net Price

$35,325 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 #4 for the Best Value Insurance Schools in Michigan For Those Getting Aid. This small school is located in Olivet, Michigan, and it awarded 31 ’s insurance degrees in 2019-2020.

Olivet also made our “Best Insurance Schools in Michigan” list, coming in at #2. It costs about $21,464 for michigan insurance students with aid per year to attend Olivet College.

Full Olivet College 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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