2022 Best Value Master’s Degree Colleges for Actuarial Science (Income $48-$75k) in the Great Lakes Region

When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” ranking is part of that endeavor.

In 2019-2020, 2,065 people earned their degree in actuarial science, making the major the 274th most popular in the United States.

Across the Great Lakes region, there were 647 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 40 actuarial science graduates with average earnings and debt of $57,039 and $42,488 respectively.

This year’s “Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” ranking looked at 5 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.

When determining these rankings, we looked at things such as overall quality of the actuarial science program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

More Ways to Rank Actuarial Science Schools

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 Master’s in the Great Lakes Region For Those Making $48-$75k”.

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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k

The colleges and universities below are the best for great lakes region master’s degree actuarial science students whose families make $48-$75k.

Top 5 Best Value Master’s Degree Colleges for Actuarial Science (Income $48-$75k) in the Great Lakes Region

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#1 in overall quality

$30,083 Avg Grad Tuition & Fees

Out of the 5 schools in the Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. UIUC is a large public school situated in Champaign, Illinois. It awarded 24 masters’s actuarial science degrees in 2019-2020.

UIUC also made our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” list, coming in at #1. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but some majors have different tuition rates.

Read full report on Actuarial Science at University of Illinois at Urbana-Champaign

#2

Ohio State University - Main Campus

Columbus, Ohio

#2 in overall quality

$37,141 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Ohio State University - Main Campus. The school came in at #2 for the Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k. Located in Columbus, Ohio, this large public school handed out 8 degrees to qualified masters’s actuarial science students in 2019-2020.

Ohio State also made our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” list, coming in at #2. Average graduate tuition and fees at Ohio State are $37,141, but some majors have different tuition rates.

Read more about Actuarial Science at Ohio State

#3

Ball State University

Muncie, Indiana

#4 in overall quality

$26,204 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Ball State University. It ranked #3 on our 2022 Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. This large school is located in Muncie, Indiana, and it awarded 4 masters’s actuarial science degrees in 2019-2020.

As a testament to the quality of education offered at Ball State, the school also landed the #4 spot in our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ball State University are $26,204, but some majors have different tuition rates.

Full Ball State University Actuarial Science Report

#4

Roosevelt University

Chicago, Illinois

$21,605 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Roosevelt University. It ranked #4 on our 2022 Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Located in Chicago, Illinois, this small private not-for-profit school awarded 1 diplomas to qualified masters’s actuarial science students in 2019-2020.

In addition to being on our great lakes region master’s degree actuarial science students whose families make $48-$75k list, Roosevelt has also earned the #0 rank in our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Roosevelt are $21,605, but some majors have different tuition rates.

Full Roosevelt Actuarial Science Report

#5

DePaul University

Chicago, Illinois

#3 in overall quality

$19,760 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend DePaul University. It ranked #5 on our 2022 Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Located in Chicago, Illinois, this large private not-for-profit school awarded 3 degrees to qualified masters’s actuarial science students in 2019-2020.

In addition to being on our great lakes region master’s degree actuarial science students whose families make $48-$75k list, DePaul has also earned the #3 rank in our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at DePaul are $19,760, but some majors have different tuition rates.

Full DePaul University Actuarial Science Report

• Best Value Master’s Degree Colleges for Actuarial Science (Income $48-$75k)

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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