2022 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k) in Iowa
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 Actuarial Science Schools for a Bachelor’s in Iowa For Those Making $0-$30k” ranking - to help you make that decision.
In 2019-2020, 2,065 people earned their degree in actuarial science, making the major the 274th most popular in the United States.
Across Iowa, there were 96 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 90 actuarial science graduates with average earnings and debt of $39,922 and $25,876 respectively.
This year’s “Best Value Actuarial Science Schools for a Bachelor’s in Iowa For Those Making $0-$30k” ranking looked at 8 colleges that offer degrees in a bachelor’s 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.
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One Size Does Not Fit All
The actuarial science 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 “Best Value Actuarial Science Schools for a Bachelor’s in Iowa For Those Making $0-$30k”.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. 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 Actuarial Science Schools for a Bachelor’s in Iowa For Those Making $0-$30k
The following schools top our list of the Best Best Value Actuarial Science Schools for a Bachelor’s in Iowa For Those Making $0-$30k.
Top 8 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k) in Iowa
You’ll join some of the best and brightest minds around if you attend University of Iowa. The school came in at #1 for the Best Value Actuarial Science Schools for a Bachelor’s in Iowa For Those Making $0-$30k. This large school is located in Iowa City, Iowa, and it awarded 26 bachelors’s actuarial science degrees in 2019-2020.
Iowa did well in our major quality rankings, too. It placed #2 on our “Best Actuarial Science Bachelor’s Degree Schools in Iowa” list. The estimated yearly cost for Iowa is $12,975 for iowa bachelor’s degree actuarial science students whose families make $0-$30k.
The low student loan default rate of 3.5% 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%. The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year.
Out of the 8 schools in the Best Value Actuarial Science Schools for a Bachelor’s in Iowa For Those Making $0-$30k that were part of this year’s ranking, Simpson College landed the #2 spot on the list. Located in Indianola, Iowa, this small private not-for-profit school awarded 4 degrees to qualified bachelors’s actuarial science students in 2019-2020.
Simpson College also made our “Best Actuarial Science Bachelor’s Degree Schools in Iowa” list, coming in at #3. The yearly cost to attend Simpson College is $15,357 for iowa bachelor’s degree actuarial science students whose families make $0-$30k.
The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend Central College. It ranked #3 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Iowa For Those Making $0-$30k list. Central is a private not-for-profit institution located in Pella, Iowa. The school has a small population, and it awarded 3 bachelors’s degrees in 2019-2020.
Central also made our “Best Actuarial Science Bachelor’s Degree Schools in Iowa” list, coming in at #6. The estimated yearly cost for Central is $19,172 for Iowa Bachelor’s Degree Actuarial Science students whose families make $0-$30k.
The low student loan default rate of 2.8% 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%.
Out of the 8 schools in the Best Value Actuarial Science Schools for a Bachelor’s in Iowa For Those Making $0-$30k that were part of this year’s ranking, Wartburg College landed the #4 spot on the list. Wartburg is a small private not-for-profit school situated in Waverly, Iowa. It awarded 5 bachelors’s actuarial science degrees in 2019-2020.
Wartburg also took the #5 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Iowa” ranking. The estimated yearly cost for Wartburg College is $16,334 for iowa bachelor’s degree actuarial science students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.6%, which is much lower than the national rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Northwestern College. The school came in at #5 for the Best Value Actuarial Science Schools for a Bachelor’s in Iowa For Those Making $0-$30k. NWC is a small school located in Orange City, Iowa that handed out 4 bachelors’s actuarial science degrees in 2019-2020.
NWC not only placed well in this ranking. It is also #4 on our “Best Actuarial Science Bachelor’s Degree Schools in Iowa” list. The estimated yearly cost for Northwestern College is $20,581 for Iowa Bachelor’s Degree Actuarial Science students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 2.8%, which is much lower than the national rate of 10.1%.
With a ranking of #6, Drake University did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in Iowa For Those Making $0-$30k list. Des Moines, Iowa is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 42 students in 2019-2020.
Drake not only placed well in this ranking. It is also #1 on our “Best Actuarial Science Bachelor’s Degree Schools in Iowa” list. The estimated yearly cost for Drake University is $25,212 for iowa bachelor’s degree actuarial science students whose families make $0-$30k.
The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The low student loan default rate of 2.2% 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%.
Mount Mercy University ranked #7 on this year’s Best Value Actuarial Science Schools for a Bachelor’s in Iowa For Those Making $0-$30k list. Cedar Rapids, Iowa is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 4 students in 2019-2020.
Mount Mercy also took the #7 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Iowa” ranking. The estimated yearly cost for Mount Mercy University is $13,992 for iowa bachelor’s degree actuarial science students whose families make $0-$30k.
The student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.
Dordt University landed the #8 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in Iowa For Those Making $0-$30k ranking. Dordt is a small private not-for-profit school situated in Sioux Center, Iowa. It awarded 1 bachelors’s actuarial science degrees in 2019-2020.
Dordt also made our “Best Actuarial Science Bachelor’s Degree Schools in Iowa” list, coming in at #8. The yearly cost to attend Dordt University is $24,967 for Iowa Bachelor’s Degree Actuarial Science students whose families make $0-$30k.
The low student loan default rate of 1.8% 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%.
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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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