2022 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k) in Massachusetts

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Actuarial Science Schools for a Bachelor’s in Massachusetts 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 Massachusetts, there were 81 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 43 actuarial science graduates with average earnings and debt of $42,887 and $24,387 respectively.

This year’s “Best Value Actuarial Science Schools for a Bachelor’s in Massachusetts For Those Making $0-$30k” ranking looked at 3 colleges that offer degrees in a bachelor’s in actuarial science. The schools that top this list are recognized because they have great actuarial science programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the actuarial science program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Actuarial Science Schools for a Bachelor’s in Massachusetts For Those Making $0-$30k” list, to help you choose the best school for you.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

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

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

Top 3 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k) in Massachusetts

#1

Bentley University

Waltham, Massachusetts

#1 in overall quality

$25,432 Average Net Price

You’ll be in good company if you decide to attend Bentley University. It ranked #1 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Massachusetts For Those Making $0-$30k list. Bentley University is a medium-sized school located in Waltham, Massachusetts that handed out 32 bachelors’s actuarial science degrees in 2019-2020.

In addition to being on our massachusetts bachelor’s degree actuarial science students whose families make $0-$30k list, Bentley has also earned the #1 rank in our “Best Actuarial Science Bachelor’s Degree Schools in Massachusetts” ranking. The estimated yearly cost for Bentley University is $25,432 for massachusetts bachelor’s degree actuarial science students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%.

Full Bentley Actuarial Science Report

#2

Assumption University

Worcester, Massachusetts

#3 in overall quality

$22,564 Average Net Price

You’ll join some of the best and brightest minds around if you attend Assumption University. The school came in at #2 for the Best Value Actuarial Science Schools for a Bachelor’s in Massachusetts For Those Making $0-$30k. Assumption University is a small school located in Worcester, Massachusetts that handed out 4 bachelors’s actuarial science degrees in 2019-2020.

Assumption also took the #3 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Massachusetts” ranking. The yearly cost to attend Assumption University is $22,564 for Massachusetts Bachelor’s Degree Actuarial Science students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 3.2%, which is much lower than the national rate of 10.1%.

Read full report on Actuarial Science at Assumption

#3

Western New England University

Springfield, Massachusetts

#2 in overall quality

$24,831 Average Net Price

You’ll join some of the best and brightest minds around if you attend Western New England University. The school came in at #3 for the Best Value Actuarial Science Schools for a Bachelor’s in Massachusetts For Those Making $0-$30k. Located in Springfield, Massachusetts, this small private not-for-profit school awarded 7 diplomas to qualified bachelors’s actuarial science students in 2019-2020.

Western New England did well in our major quality rankings, too. It placed #2 on our “Best Actuarial Science Bachelor’s Degree Schools in Massachusetts” list. The estimated yearly cost for Western New England University is $24,831 for massachusetts bachelor’s degree actuarial science students whose families make $0-$30k.

The student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.

Full Western New England Actuarial Science Report

• Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k) in the New England 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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