by our College Data Analytics Team
Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Schools for a Bachelor’s Highly Focused on Insurance Major in Michigan” ranking - to help you make that decision.
In 2021-2022, 1,737 people earned their degree in insurance, making the major the 201st most popular in the United States. In , insurance graduates who were awarded their degree in , earned an average of $57,764 and had an average of $21,443 in loans still to pay off.
Across Michigan, there were 46 insurance graduates with average earnings and debt of $46,626 and $24,375 respectively. At the bachelor’s degree level specifically, there were 28 insurance graduates with average earnings and debt of $41,104 and $24,884 respectively.
This year’s “Schools for a Bachelor’s Highly Focused on Insurance Major in Michigan” ranking looked at 3 colleges that offer degrees in a bachelor’s in insurance. This a ranking of the schools where the largest percentage of students has enrolled in insurance.
See our ranking methodology to learn more.
The insurance school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Schools for a Bachelor’s Highly Focused on Insurance Major in Michigan”.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Go ahead and give it a try, or bookmark the link so you can check it out later.
The following schools top our list of the Best “Schools for a Bachelor’s Highly Focused on Insurance Major in Michigan”.
You’ll be in good company if you decide to attend Olivet College. It ranked #1 on our 2023 Schools for a Bachelor’s Highly Focused on Insurance Major in Michigan list. Olivet is a small private not-for-profit school situated in Olivet, Michigan. It awarded 18 bachelors’s insurance degrees in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Northwood University. It ranked #2 on our 2023 Schools for a Bachelor’s Highly Focused on Insurance Major in Michigan 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 2021-2022.
The impressive undergraduate 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. The low undergrad student loan default rate of 2.1% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Out of the 3 schools in the Schools for a Bachelor’s Highly Focused on Insurance Major in Michigan that were part of this year’s ranking, Ferris State University landed the #3 spot on the list. This fairly large school is located in Big Rapids, Michigan, and it awarded 5 bachelors’s insurance degrees in 2021-2022.
The low undergrad student loan default rate of 1.6% 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%.
Read more about our data sources and methodologies