2022 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $75-$110k) in the Great Lakes Region
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 for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k” ranking - to help you make that decision.
Actuarial Science is the 274th most popular major in the country with 2,065 degrees awarded in 2019-2020.
Across the Great Lakes region, there were 647 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 604 actuarial science graduates with average earnings and debt of $39,075 and $25,381 respectively.
This year’s “Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k” ranking looked at 37 colleges that offer degrees in a bachelor’s in actuarial science. This ranking identifies schools with high-quality actuarial science programs that also have a lower cost than 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. For more information, check out our ranking methodology.
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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 the Great Lakes Region For Those Making $75-$110k”.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. 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 for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k
The colleges and universities below are the best for great lakes region bachelor’s degree actuarial science students whose families make $75-$110k.
Top 25 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $75-$110k) in the Great Lakes Region
Out of the 37 schools in the Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Purdue University - Main Campus is a public institution located in West Lafayette, Indiana. The school has a large population, and it awarded 63 bachelors’s degrees in 2019-2020.
Purdue also took the #3 spot in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Purdue University - Main Campus is $18,565 for great lakes region bachelor’s degree actuarial science students whose families make $75-$110k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. 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%.
You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #2 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k list. UW - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 70 bachelors’s degrees in 2019-2020.
UW - Madison also made our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #1. The yearly cost to attend University of Wisconsin - Madison is $21,860 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make $75-$110k.
The low student loan default rate of 0.8% 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%. With a freshman retention rate of 95%, the school does an excellent job of retaining its students.
Full University of Wisconsin - Madison Actuarial Science Report
You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #3 for the Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k. Located in Champaign, Illinois, this large public school awarded 110 diplomas to qualified bachelors’s actuarial science students in 2019-2020.
As a testament to the quality of education offered at UIUC, the school also landed the #2 spot in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Illinois at Urbana-Champaign is $21,998 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make $75-$110k.
The low student loan default rate of 2.4% 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 94%.
You’ll be in good company if you decide to attend Indiana University - Northwest. It ranked #4 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k list. Located in Gary, Indiana, this small public school awarded 4 degrees to qualified bachelors’s actuarial science students in 2019-2020.
The yearly cost to attend IU Northwest is $13,292 for great lakes region bachelor’s degree actuarial science students whose families make $75-$110k.
Read full report on Actuarial Science at Indiana University - Northwest
You’ll join some of the best and brightest minds around if you attend Ohio State University - Main Campus. The school came in at #5 for the Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k. Ohio State University - Main Campus is located in Columbus, Ohio and, has a large student population. In 2019-2020, this school awarded 81 bachelors’s actuarial science degrees to qualified students.
Ohio State also made our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #4. The yearly cost to attend Ohio State is $21,364 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 4.4%, 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.
Oakland University ranked #6 on this year’s Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k list. Located in Rochester Hills, Michigan, this fairly large public school awarded 9 diplomas to qualified bachelors’s actuarial science students in 2019-2020.
Oakland did well in our major quality rankings, too. It placed #25 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Oakland University is $15,424 for great lakes region bachelor’s degree actuarial science students whose families make $75-$110k.
With a ranking of #7, University of Wisconsin - Eau Claire did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k list. University of Wisconsin - Eau Claire is a fairly large school located in Eau Claire, Wisconsin that handed out 3 bachelors’s actuarial science degrees in 2019-2020.
UW - Eau Claire did well in our major quality rankings, too. It placed #11 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $18,196 for great lakes region bachelor’s degree actuarial science students whose families make $75-$110k per year to attend UW - Eau Claire.
Full University of Wisconsin - Eau Claire Actuarial Science Report
Ferris State University came in at #8 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking. Located in Big Rapids, Michigan, this fairly large public school handed out 7 diplomas to qualified bachelors’s actuarial science students in 2019-2020.
Ferris did well in our major quality rankings, too. It placed #24 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Ferris is $17,132 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make $75-$110k.
Read more about Actuarial Science at Ferris State University
Central Michigan University landed the #9 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking. Central Michigan University is located in Mount Pleasant, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 28 bachelors’s actuarial science degrees to qualified students.
Central Michigan also took the #22 spot in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Central Michigan University is $17,894 for great lakes region bachelor’s degree actuarial science students whose families make $75-$110k.
Indiana University - South Bend did quite well in the 2022 Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking, coming in at #10. Indiana University - South Bend is a small public school situated in South Bend, Indiana. It awarded 2 bachelors’s actuarial science degrees in 2019-2020.
The estimated yearly cost for Indiana University - South Bend is $14,440 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make $75-$110k.
Read more about Actuarial Science at Indiana University - South Bend
Milwaukee School of Engineering landed the #11 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking. MSOE is a small school located in Milwaukee, Wisconsin that handed out 11 bachelors’s actuarial science degrees in 2019-2020.
MSOE also took the #5 spot in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Milwaukee School of Engineering is $23,834 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 1.8%, which is much lower than the national rate of 10.1%.
Ball State University landed the #12 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking. Ball State University is a large school located in Muncie, Indiana that handed out 13 bachelors’s actuarial science degrees in 2019-2020.
As a testament to the quality of education offered at Ball State, the school also landed the #18 spot in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $19,446 for great lakes region bachelor’s degree actuarial science students whose families make $75-$110k per year to attend Ball State University.
Read full report on Actuarial Science at Ball State University
With a ranking of #13, Purdue University Fort Wayne did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k list. PFW is located in Fort Wayne, Indiana and, has a medium-sized student population. In 2019-2020, this school awarded 5 bachelors’s actuarial science degrees to qualified students.
It costs about $15,968 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make $75-$110k per year to attend PFW.
Read more about Actuarial Science at Purdue University Fort Wayne
Aurora University came in at #14 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking. Aurora University is a medium-sized school located in Aurora, Illinois that handed out 6 bachelors’s actuarial science degrees in 2019-2020.
Aurora did well in our major quality rankings, too. It placed #19 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Aurora is $19,609 for great lakes region bachelor’s degree actuarial science students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
University of Michigan - Flint did quite well in the 2022 Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking, coming in at #15. Located in Flint, Michigan, this medium-sized public school awarded 7 degrees to qualified bachelors’s actuarial science students in 2019-2020.
The yearly cost to attend UM Flint is $17,211 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make $75-$110k.
Read full report on Actuarial Science at University of Michigan - Flint
Michigan State University came in at #16 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking. East Lansing, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 30 students in 2019-2020.
Michigan State did well in our major quality rankings, too. It placed #6 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $25,389 for great lakes region bachelor’s degree actuarial science students whose families make $75-$110k per year to attend Michigan State.
The student loan default rate at the school is 3.6%, which is quite low when compared to the national default 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 full report on Actuarial Science at Michigan State University
Valparaiso University did quite well in the 2022 Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking, coming in at #17. Valpo is a private not-for-profit institution located in Valparaiso, Indiana. The school has a small population, and it awarded 9 bachelors’s degrees in 2019-2020.
Valpo also took the #9 spot in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Valparaiso University is $21,211 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%.
Olivet Nazarene University ranked #18 on this year’s Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k list. Olivet Nazarene is a private not-for-profit institution located in Bourbonnais, Illinois. The school has a small population, and it awarded 8 bachelors’s degrees in 2019-2020.
Olivet Nazarene also made our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #20. The estimated yearly cost for Olivet Nazarene is $21,306 for great lakes region bachelor’s degree actuarial science students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
Read full report on Actuarial Science at Olivet Nazarene University
Calvin University landed the #19 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking. Calvin is a private not-for-profit institution located in Grand Rapids, Michigan. The school has a small population, and it awarded 4 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Calvin, the school also landed the #7 spot in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $26,778 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make $75-$110k per year to attend Calvin.
The student loan default rate at the school is 1.6%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
Marietta College ranked #20 on this year’s Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k list. Marietta is a small private not-for-profit school situated in Marietta, Ohio. It awarded 1 bachelors’s actuarial science degrees in 2019-2020.
The yearly cost to attend Marietta College is $20,608 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make $75-$110k.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
University of Wisconsin - Milwaukee came in at #21 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking. University of Wisconsin - Milwaukee is a large school located in Milwaukee, Wisconsin that handed out 11 bachelors’s actuarial science degrees in 2019-2020.
The estimated yearly cost for UWM is $20,945 for great lakes region bachelor’s degree actuarial science students whose families make $75-$110k.
Eastern Michigan University came in at #22 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking. Eastern Michigan University is a fairly large public school situated in Ypsilanti, Michigan. It awarded 5 bachelors’s actuarial science degrees in 2019-2020.
The yearly cost to attend Eastern Michigan is $18,598 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make $75-$110k.
Read more about Actuarial Science at Eastern Michigan University
Ashland University came in at #23 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking. Ashland University is a small school located in Ashland, Ohio that handed out 5 bachelors’s actuarial science degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree actuarial science students whose families make $75-$110k list, Ashland has also earned the #23 rank in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $21,795 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make $75-$110k per year to attend Ashland University.
The low student loan default rate of 4.0% 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%.
Carroll University landed the #24 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k ranking. Waukesha, Wisconsin is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 8 students in 2019-2020.
Carroll U also made our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #12. The yearly cost to attend Carroll University is $23,985 for great lakes region bachelor’s degree actuarial science students whose families make $75-$110k.
The student loan default rate at the school is 3.2%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #25, Spring Arbor University did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making $75-$110k list. Located in Spring Arbor, Michigan, this small private not-for-profit school handed out 2 diplomas to qualified bachelors’s actuarial science students in 2019-2020.
It costs about $19,247 for great lakes region bachelor’s degree actuarial science students whose families make $75-$110k per year to attend Spring Arbor University.
Read more about Actuarial Science at Spring Arbor University
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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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