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2023 Best Value Colleges for Actuarial Science (Income $30-$48k) in the Great Lakes Region

34 Ranked Colleges
618 Degrees Awarded
$13,000 Avg Net Price*
Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. 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 in the Great Lakes Region For Those Making $30-$48k” ranking - to help you make that decision.

In 2020-2021, 2,206 people earned their degree in actuarial science, making the major the 278th most popular in the United States.

Across the Great Lakes region, there were 618 actuarial science graduates with average earnings and debt of $0 and $0 respectively.

For this year’s “Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k” ranking, we looked at 34 colleges that offer a degree in actuarial science. This ranking identifies schools with high-quality actuarial science programs that also have a lower cost than 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. Check out our ranking methodology for more information.

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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 in the Great Lakes Region For Those Making $30-$48k” list, to help you choose the best school for you.

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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k

The colleges and universities below are the best for great lakes region actuarial science students whose families make $30-$48k.

Top 25 Best Value Colleges for Actuarial Science (Income $30-$48k) in the Great Lakes Region

1
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #1 on our 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k list. Purdue University - Main Campus is located in West Lafayette, Indiana and, has a large student population. In 2020-2021, this school awarded 63 ’s actuarial science degrees to qualified students.

In addition to being on our great lakes region actuarial science students whose families make $30-$48k list, Purdue has also earned the #1 rank in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. It costs about $5,853 for great lakes region actuarial science students whose families make $30-$48k per year to attend Purdue University - Main Campus.

The low undergrad student loan default rate of 1.7% 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 93%.

Read more about Actuarial Science at Purdue University - Main Campus

2

You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #2 on our 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k list. UW - Madison is a large public school situated in Madison, Wisconsin. It awarded 72 ’s actuarial science degrees in 2020-2021.

UW - Madison also made our “Best Actuarial Science Schools in the Great Lakes Region” list, coming in at #2. The estimated yearly cost for UW - Madison is $4,788 for great lakes region actuarial science students whose families make $30-$48k.

The low undergrad student loan default rate of 0.9% 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 95%.

Read full report on Actuarial Science at University of Wisconsin - Madison

3

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #3 on our 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out ’s actuarial science degrees to 112 students in 2020-2021.

UIUC also took the #3 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. It costs about $8,036 for great lakes region actuarial science students whose families make $30-$48k per year to attend University of Illinois at Urbana-Champaign.

With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 2.3% 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 more about Actuarial Science at University of Illinois at Urbana-Champaign

4

You’ll join some of the best and brightest minds around if you attend Ohio State University - Main Campus. The school came in at #4 for the Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k. Located in Columbus, Ohio, this large public school handed out 84 diplomas to qualified ’s actuarial science students in 2020-2021.

As a testament to the quality of education offered at Ohio State, the school also landed the #4 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio State is $8,581 for Great Lakes Region Actuarial Science students whose families make $30-$48k.

The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.

Read more about Actuarial Science at Ohio State

5

Out of the 34 schools in the Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, University of Michigan - Dearborn landed the #5 spot on the list. University of Michigan - Dearborn is a public institution located in Dearborn, Michigan. The school has a medium-sized population, and it awarded 2 ’s degrees in 2020-2021.

In addition to being on our great lakes region actuarial science students whose families make $30-$48k list, UM Dearborn has also earned the #14 rank in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. It costs about $10,465 for great lakes region actuarial science students whose families make $30-$48k per year to attend University of Michigan - Dearborn.

The school has an impressive undergrad student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.

Read more about Actuarial Science at University of Michigan - Dearborn

6
Oakland crest
Oakland University
Rochester Hills, Michigan

With a ranking of #6, Oakland University did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k list. Located in Rochester Hills, Michigan, this fairly large public school awarded 12 diplomas to qualified ’s actuarial science students in 2020-2021.

Oakland also made our “Best Actuarial Science Schools in the Great Lakes Region” list, coming in at #17. It costs about $8,839 for great lakes region actuarial science students whose families make $30-$48k per year to attend Oakland University.

The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.

Read more about Actuarial Science at Oakland University

7
Ball State crest
Ball State University
Muncie, Indiana

Ball State University came in at #7 in this year’s edition of the Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking. Located in Muncie, Indiana, this large public school awarded 33 diplomas to qualified ’s actuarial science students in 2020-2021.

Ball State did well in our major quality rankings, too. It placed #12 on our “Best Actuarial Science Schools in the Great Lakes Region” list. It costs about $10,786 for Great Lakes Region Actuarial Science students whose families make $30-$48k per year to attend Ball State University.

The low undergrad student loan default rate of 4.2% 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%.

Full Ball State Actuarial Science Report

8
Michigan State crest
Michigan State University
East Lansing, Michigan

Michigan State University ranked #8 on this year’s Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k list. This large school is located in East Lansing, Michigan, and it awarded 23 ’s actuarial science degrees in 2020-2021.

Michigan State not only placed well in this ranking. It is also #6 on our “Best Actuarial Science Schools in the Great Lakes Region” list. The estimated yearly cost for Michigan State University is $15,170 for Great Lakes Region Actuarial Science students whose families make $30-$48k.

The school has an impressive undergrad student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.

Read more about Actuarial Science at Michigan State

9
Ferris crest
Ferris State University
Big Rapids, Michigan

Ferris State University landed the #9 spot on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking. Ferris is a public institution located in Big Rapids, Michigan. The school has a fairly large population, and it awarded 7 ’s degrees in 2020-2021.

In addition to being on our great lakes region actuarial science students whose families make $30-$48k list, Ferris has also earned the #21 rank in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. It costs about $9,859 for Great Lakes Region Actuarial Science students whose families make $30-$48k per year to attend Ferris State University.

Full Ferris State University Actuarial Science Report

10
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Valparaiso University
Valparaiso, Indiana

Valparaiso University came in at #10 in this year’s edition of the Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking. Valparaiso University is a small private not-for-profit school situated in Valparaiso, Indiana. It awarded 5 ’s actuarial science degrees in 2020-2021.

As a testament to the quality of education offered at Valpo, the school also landed the #8 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend Valpo is $19,717 for great lakes region actuarial science students whose families make $30-$48k.

The school has an impressive undergrad student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.

Read more about Actuarial Science at Valpo

11
Central Michigan crest
Central Michigan University
Mount Pleasant, Michigan

Central Michigan University came in at #11 in this year’s edition of the Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking. Central Michigan is located in Mount Pleasant, Michigan and, has a fairly large student population. In 2020-2021, this school awarded 17 ’s actuarial science degrees to qualified students.

As a testament to the quality of education offered at Central Michigan, the school also landed the #15 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend Central Michigan University is $12,346 for great lakes region actuarial science students whose families make $30-$48k.

The undergrad 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 Central Michigan University Actuarial Science Report

12

University of Wisconsin - Eau Claire did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #12. Located in Eau Claire, Wisconsin, this fairly large public school awarded 3 diplomas to qualified ’s actuarial science students in 2020-2021.

UW - Eau Claire not only placed well in this ranking. It is also #24 on our “Best Actuarial Science Schools in the Great Lakes Region” list. The yearly cost to attend University of Wisconsin - Eau Claire is $10,658 for Great Lakes Region Actuarial Science students whose families make $30-$48k.

Read more about Actuarial Science at University of Wisconsin - Eau Claire

13
MSOE crest
Milwaukee School of Engineering
Milwaukee, Wisconsin

Milwaukee School of Engineering ranked #13 on this year’s Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k list. Milwaukee School of Engineering is located in Milwaukee, Wisconsin and, has a small student population. In 2020-2021, this school awarded 7 ’s actuarial science degrees to qualified students.

MSOE also made our “Best Actuarial Science Schools in the Great Lakes Region” list, coming in at #10. The estimated yearly cost for MSOE is $19,868 for Great Lakes Region Actuarial Science students whose families make $30-$48k.

The low undergrad student loan default rate of 2.0% 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 Milwaukee School of Engineering

14

University of Michigan - Flint did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #14. Located in Flint, Michigan, this medium-sized public school handed out 7 degrees to qualified ’s actuarial science students in 2020-2021.

It costs about $8,952 for great lakes region actuarial science students whose families make $30-$48k per year to attend UM Flint.

Read full report on Actuarial Science at UM Flint

15
Bradley crest
Bradley University
Peoria, Illinois

Bradley University did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #15. This medium-sized school is located in Peoria, Illinois, and it awarded 8 ’s actuarial science degrees in 2020-2021.

As a testament to the quality of education offered at Bradley, the school also landed the #9 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. It costs about $17,753 for Great Lakes Region Actuarial Science students whose families make $30-$48k per year to attend Bradley University.

The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 2.5% 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%.

Read full report on Actuarial Science at Bradley

16

With a ranking of #16, University of Wisconsin - Milwaukee did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k list. Milwaukee, Wisconsin is the setting for this large institution of higher learning. The public school handed out ’s actuarial science degrees to 15 students in 2020-2021.

UWM also made our “Best Actuarial Science Schools in the Great Lakes Region” list, coming in at #20. The estimated yearly cost for University of Wisconsin - Milwaukee is $13,351 for Great Lakes Region Actuarial Science students whose families make $30-$48k.

Read more about Actuarial Science at UWM

17
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Olivet Nazarene University
Bourbonnais, Illinois

Olivet Nazarene University landed the #17 spot on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking. Olivet Nazarene is a private not-for-profit institution located in Bourbonnais, Illinois. The school has a small population, and it awarded 3 ’s degrees in 2020-2021.

Olivet Nazarene also made our “Best Actuarial Science Schools in the Great Lakes Region” list, coming in at #22. The estimated yearly cost for Olivet Nazarene University is $15,658 for great lakes region actuarial science students whose families make $30-$48k.

The low undergrad student loan default rate of 2.7% 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 Olivet Nazarene

17

Ohio University - Athens Campus did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #17. Ohio University - Athens Campus is located in Athens, Ohio and, has a large student population. In 2020-2021, this school awarded 13 ’s actuarial science degrees to qualified students.

OHIO Athens not only placed well in this ranking. It is also #11 on our “Best Actuarial Science Schools in the Great Lakes Region” list. It costs about $18,991 for Great Lakes Region Actuarial Science students whose families make $30-$48k per year to attend Ohio University - Athens Campus.

Read more about Actuarial Science at OHIO Athens

19
Aurora crest
Aurora University
Aurora, Illinois

Aurora University did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #19. This medium-sized school is located in Aurora, Illinois, and it awarded 4 ’s actuarial science degrees in 2020-2021.

The yearly cost to attend Aurora is $13,273 for Great Lakes Region Actuarial Science students whose families make $30-$48k.

The low undergrad student loan default rate of 4.2% 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%.

Read more about Actuarial Science at Aurora University

20
Illinois College crest
Illinois College
Jacksonville, Illinois

Illinois College did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #20. Illinois College is a small school located in Jacksonville, Illinois that handed out 2 ’s actuarial science degrees in 2020-2021.

It costs about $12,647 for great lakes region actuarial science students whose families make $30-$48k per year to attend Illinois College.

Read full report on Actuarial Science at Illinois College

21
UIndy crest
University of Indianapolis
Indianapolis, Indiana

With a ranking of #21, University of Indianapolis did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k list. UIndy is a private not-for-profit institution located in Indianapolis, Indiana. The school has a medium-sized population, and it awarded 7 ’s degrees in 2020-2021.

As a testament to the quality of education offered at UIndy, the school also landed the #23 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Indianapolis is $14,716 for great lakes region actuarial science students whose families make $30-$48k.

Read more about Actuarial Science at UIndy

22
Otterbein crest
Otterbein University
Westerville, Ohio

Otterbein University did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #22. Located in Westerville, Ohio, this small private not-for-profit school awarded 10 diplomas to qualified ’s actuarial science students in 2020-2021.

As a testament to the quality of education offered at Otterbein, the school also landed the #19 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The estimated yearly cost for Otterbein is $16,175 for great lakes region actuarial science students whose families make $30-$48k.

The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Full Otterbein University Actuarial Science Report

23
Eastern Michigan crest
Eastern Michigan University
Ypsilanti, Michigan

Eastern Michigan University landed the #23 spot on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking. Eastern Michigan University is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 3 ’s degrees in 2020-2021.

It costs about $13,265 for Great Lakes Region Actuarial Science students whose families make $30-$48k per year to attend Eastern Michigan.

Read more about Actuarial Science at Eastern Michigan University

24
UE crest
University of Evansville
Evansville, Indiana

University of Evansville landed the #24 spot on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking. Located in Evansville, Indiana, this small private not-for-profit school handed out 3 diplomas to qualified ’s actuarial science students in 2020-2021.

The estimated yearly cost for University of Evansville is $19,897 for Great Lakes Region Actuarial Science students whose families make $30-$48k.

The low undergrad student loan default rate of 2.9% 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 87%. With a undergrad student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Full UE Actuarial Science Report

25

Grace College and Theological Seminary did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #25. Grace College and Theological Seminary is a small school located in Winona Lake, Indiana that handed out 4 ’s actuarial science degrees in 2020-2021.

The yearly cost to attend Grace College and Theological Seminary is $15,033 for Great Lakes Region Actuarial Science students whose families make $30-$48k.

The low undergrad student loan default rate of 3.1% 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%.

Read more about Actuarial Science at Grace College and Theological Seminary

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