2022 Best Value Actuarial Science Schools for a Bachelor’s in California For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Actuarial Science Schools for a Bachelor’s in California For Those Making $0-$30k” ranking as one item you can use to help make this decision.

Actuarial Science is the 274th most popular major in the country with 2,065 degrees awarded in 2019-2020.

Across California, there were 178 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 80 actuarial science graduates with average earnings and debt of $37,907 and $21,546 respectively.

For this year’s “Best Value Actuarial Science Schools for a Bachelor’s in California For Those Making $0-$30k” ranking, we looked at 2 colleges that offer a degree in actuarial science. Not only do the schools that top this list have excellent actuarial science 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 actuarial science program at the school. See our ranking methodology to learn more.

More Ways to Rank Actuarial Science 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 Actuarial Science Schools for a Bachelor’s in California For Those Making $0-$30k” 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. 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 Actuarial Science Schools for a Bachelor’s in California For Those Making $0-$30k

The colleges and universities below are the best for california bachelor’s degree actuarial science students whose families make $0-$30k.

Top 2 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k) in California

#1

University of California - Santa Barbara

Santa Barbara, California

#1 in overall quality

$10,316 Average Net Price

Out of the 2 schools in the Best Value Actuarial Science Schools for a Bachelor’s in California For Those Making $0-$30k that were part of this year’s ranking, University of California - Santa Barbara landed the #1 spot on the list. Located in Santa Barbara, California, this large public school awarded 79 degrees to qualified bachelors’s actuarial science students in 2019-2020.

UCSB not only placed well in this ranking. It is also #1 on our “Best Actuarial Science Bachelor’s Degree Schools in California” list. The estimated yearly cost for University of California - Santa Barbara is $10,316 for California Bachelor’s Degree Actuarial Science students whose families make $0-$30k.

With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%.

Read more about Actuarial Science at University of California - Santa Barbara

#2

California Baptist University

Riverside, California

#2 in overall quality

$20,277 Average Net Price

You’ll be in good company if you decide to attend California Baptist University. It ranked #2 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in California For Those Making $0-$30k list. Riverside, California is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 1 students in 2019-2020.

Cal Baptist also made our “Best Actuarial Science Bachelor’s Degree Schools in California” list, coming in at #2. The yearly cost to attend Cal Baptist is $20,277 for California Bachelor’s Degree Actuarial Science students whose families make $0-$30k.

The low student loan default rate of 4.6% 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 Actuarial Science at Cal Baptist

• Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k) in the Far Western US Region
• Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k)

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.

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