2022 Best Value Colleges for Actuarial Science (Income $0-$30k) in Massachusetts
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Actuarial Science Schools in Massachusetts For Those Making $0-$30k” ranking as one item you can use to help make this 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 Massachusetts, there were 81 actuarial science graduates with average earnings and debt of $0 and $0 respectively.
For this year’s “Best Value Actuarial Science Schools in Massachusetts For Those Making $0-$30k” ranking, we looked at 4 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.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Actuarial Science Schools in Massachusetts For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
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.
Best Value Actuarial Science Schools in Massachusetts For Those Making $0-$30k
The colleges and universities below are the best for massachusetts actuarial science students whose families make $0-$30k.
Top 4 Best Value Colleges for Actuarial Science (Income $0-$30k) in Massachusetts
You’ll be in good company if you decide to attend Boston University. It ranked #1 on our 2022 Best Value Actuarial Science Schools in Massachusetts For Those Making $0-$30k list. Boston University is a large private not-for-profit school situated in Boston, Massachusetts. It awarded 38 ’s actuarial science degrees in 2019-2020.
In addition to being on our massachusetts actuarial science students whose families make $0-$30k list, Boston U has also earned the #1 rank in our “Best Actuarial Science Schools in Massachusetts” ranking. The yearly cost to attend Boston U is $12,903 for Massachusetts 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 92%. The school has an impressive student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%.
Out of the 4 schools in the Best Value Actuarial Science Schools in Massachusetts For Those Making $0-$30k that were part of this year’s ranking, Bentley University landed the #2 spot on the list. Bentley is a private not-for-profit institution located in Waltham, Massachusetts. The school has a medium-sized population, and it awarded 32 ’s degrees in 2019-2020.
Bentley not only placed well in this ranking. It is also #2 on our “Best Actuarial Science Schools in Massachusetts” list. It costs about $25,432 for massachusetts actuarial science students whose families make $0-$30k per year to attend Bentley.
The low 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 92%.
You’ll join some of the best and brightest minds around if you attend Assumption University. The school came in at #3 for the Best Value Actuarial Science Schools in Massachusetts For Those Making $0-$30k. Assumption is located in Worcester, Massachusetts and, has a small student population. In 2019-2020, this school awarded 4 ’s actuarial science degrees to qualified students.
Assumption also made our “Best Actuarial Science Schools in Massachusetts” list, coming in at #4. The yearly cost to attend Assumption is $22,564 for Massachusetts Actuarial Science students whose families make $0-$30k.
The low student loan default rate of 3.2% 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%.
You’ll join some of the best and brightest minds around if you attend Western New England University. The school came in at #4 for the Best Value Actuarial Science Schools in Massachusetts For Those Making $0-$30k. Western New England University is a private not-for-profit institution located in Springfield, Massachusetts. The school has a small population, and it awarded 7 ’s degrees in 2019-2020.
In addition to being on our massachusetts actuarial science students whose families make $0-$30k list, Western New England has also earned the #3 rank in our “Best Actuarial Science Schools in Massachusetts” ranking. It costs about $24,831 for Massachusetts Actuarial Science students whose families make $0-$30k per year to attend Western New England.
The school has an impressive student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.
Full Western New England University Actuarial Science Report
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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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