2022 Best Value Colleges for Actuarial Science (Income $0-$30k) in Iowa
It’s not easy to decide which college to attend when there so many options available for students. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Actuarial Science Schools in Iowa For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
Actuarial Science is the 274th most popular major in the country with 2,065 degrees awarded in 2019-2020.
Across Iowa, there were 96 actuarial science graduates with average earnings and debt of $0 and $0 respectively.
For this year’s “Best Value Actuarial Science Schools in Iowa For Those Making $0-$30k” ranking, we looked at 8 colleges that offer a degree 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. 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 Iowa For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that 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. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Actuarial Science Schools in Iowa For Those Making $0-$30k
The colleges and universities below are the best for iowa actuarial science students whose families make $0-$30k.
Top 8 Best Value Colleges for Actuarial Science (Income $0-$30k) in Iowa
You’ll be in good company if you decide to attend University of Iowa. It ranked #1 on our 2022 Best Value Actuarial Science Schools in Iowa For Those Making $0-$30k list. University of Iowa is a large school located in Iowa City, Iowa that handed out 32 ’s actuarial science degrees in 2019-2020.
Iowa also took the #2 spot in our “Best Actuarial Science Schools in Iowa” ranking. It costs about $12,975 for Iowa Actuarial Science students whose families make $0-$30k per year to attend University of Iowa.
The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 3.5%, 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 Simpson College. It ranked #2 on our 2022 Best Value Actuarial Science Schools in Iowa For Those Making $0-$30k list. Located in Indianola, Iowa, this small private not-for-profit school awarded 4 degrees to qualified ’s actuarial science students in 2019-2020.
Simpson College also took the #3 spot in our “Best Actuarial Science Schools in Iowa” ranking. The yearly cost to attend Simpson College is $15,357 for iowa actuarial science students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.
Out of the 8 schools in the Best Value Actuarial Science Schools in Iowa For Those Making $0-$30k that were part of this year’s ranking, Central College landed the #3 spot on the list. Located in Pella, Iowa, this small private not-for-profit school awarded 3 diplomas to qualified ’s actuarial science students in 2019-2020.
Central not only placed well in this ranking. It is also #6 on our “Best Actuarial Science Schools in Iowa” list. The yearly cost to attend Central is $19,172 for Iowa Actuarial Science students whose families make $0-$30k.
The student loan default rate at the school is 2.8%, 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 Wartburg College. It ranked #4 on our 2022 Best Value Actuarial Science Schools in Iowa For Those Making $0-$30k list. Located in Waverly, Iowa, this small private not-for-profit school awarded 5 degrees to qualified ’s actuarial science students in 2019-2020.
As a testament to the quality of education offered at Wartburg, the school also landed the #5 spot in our “Best Actuarial Science Schools in Iowa” ranking. The yearly cost to attend Wartburg College is $16,334 for Iowa 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%.
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 in Iowa For Those Making $0-$30k. Orange City, Iowa is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s actuarial science degrees to 4 students in 2019-2020.
NWC did well in our major quality rankings, too. It placed #4 on our “Best Actuarial Science Schools in Iowa” list. The estimated yearly cost for Northwestern College is $20,581 for iowa 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%.
Drake University landed the #6 spot on the 2022 Best Value Actuarial Science Schools in Iowa For Those Making $0-$30k ranking. Located in Des Moines, Iowa, this small private not-for-profit school handed out 42 degrees to qualified ’s actuarial science students in 2019-2020.
Drake also made our “Best Actuarial Science Schools in Iowa” list, coming in at #1. The estimated yearly cost for Drake University is $25,212 for iowa actuarial science students whose families make $0-$30k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.
Mount Mercy University came in at #7 in this year’s edition of the Best Value Actuarial Science Schools in Iowa For Those Making $0-$30k ranking. Mount Mercy University is a private not-for-profit institution located in Cedar Rapids, Iowa. The school has a small population, and it awarded 4 ’s degrees in 2019-2020.
Mount Mercy also took the #7 spot in our “Best Actuarial Science Schools in Iowa” ranking. It costs about $13,992 for Iowa Actuarial Science students whose families make $0-$30k per year to attend Mount Mercy University.
The low student loan default rate of 4.3% 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 full report on Actuarial Science at Mount Mercy University
With a ranking of #8, Dordt University did quite well on the 2022 Best Value Actuarial Science Schools in Iowa For Those Making $0-$30k list. Sioux Center, Iowa is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s actuarial science degrees to 1 students in 2019-2020.
Dordt also made our “Best Actuarial Science Schools in Iowa” list, coming in at #8. The estimated yearly cost for Dordt University is $24,967 for iowa actuarial science students whose families make $0-$30k.
The student loan default rate at the school is 1.8%, which is quite low when compared to the national default rate of 10.1%.
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- Best Value Colleges for Actuarial Science (Income $0-$30k) in the Plains States Region
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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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