2022 Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Getting Aid
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 for a Bachelor’s in Michigan For Those Getting Aid” 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 Michigan, there were 102 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 101 actuarial science graduates with average earnings and debt of $40,161 and $25,915 respectively.
For this year’s “Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Getting Aid” ranking, we looked at 9 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.
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.
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Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Getting Aid
The colleges and universities below are the best for michigan bachelor’s degree actuarial science students with aid.
Top 9 Best Value Bachelor’s Degree Colleges for Actuarial Science in Michigan (With Aid)
You’ll join some of the best and brightest minds around if you attend Michigan State University. The school came in at #1 for the Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Getting Aid. 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 also took the #1 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” ranking. It costs about $19,173 for michigan bachelor’s degree actuarial science students with aid per year to attend Michigan State.
With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The low student loan default rate of 3.6% 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%.
Read more about Actuarial Science at Michigan State University
Out of the 9 schools in the Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Getting Aid that were part of this year’s ranking, Ferris State University landed the #2 spot on the list. Ferris is a fairly large public school situated in Big Rapids, Michigan. It awarded 7 bachelors’s actuarial science degrees in 2019-2020.
Ferris did well in our major quality rankings, too. It placed #4 on our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Ferris is $12,889 for michigan bachelor’s degree actuarial science students with aid.
Read more about Actuarial Science at Ferris State University
Out of the 9 schools in the Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Getting Aid that were part of this year’s ranking, Oakland University landed the #3 spot on the list. Oakland University is a fairly large school located in Rochester Hills, Michigan that handed out 9 bachelors’s actuarial science degrees in 2019-2020.
Oakland also took the #5 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Oakland University is $11,802 for Michigan Bachelor’s Degree Actuarial Science students with aid.
Out of the 9 schools in the Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Getting Aid that were part of this year’s ranking, Central Michigan University landed the #4 spot on the list. Central Michigan is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 28 bachelors’s degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree actuarial science students with aid list, Central Michigan has also earned the #3 rank in our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Central Michigan University is $15,981 for Michigan Bachelor’s Degree Actuarial Science students with aid.
Read full report on Actuarial Science at Central Michigan University
You’ll join some of the best and brightest minds around if you attend University of Michigan - Flint. The school came in at #5 for the Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Getting Aid. Flint, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 7 students in 2019-2020.
As a testament to the quality of education offered at UM Flint, the school also landed the #8 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for UM Flint is $12,734 for michigan bachelor’s degree actuarial science students with aid.
Read more about Actuarial Science at University of Michigan - Flint
Eastern Michigan University did quite well in the 2022 Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #6. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 5 students in 2019-2020.
As a testament to the quality of education offered at Eastern Michigan, the school also landed the #9 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” ranking. It costs about $15,924 for michigan bachelor’s degree actuarial science students with aid per year to attend Eastern Michigan.
Calvin University landed the #7 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Grand Rapids, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 4 students in 2019-2020.
Calvin did well in our major quality rankings, too. It placed #2 on our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Calvin University is $26,647 for michigan bachelor’s degree actuarial science students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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%.
Spring Arbor University came in at #8 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Spring Arbor, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 2 students in 2019-2020.
Spring Arbor also took the #6 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Spring Arbor University is $19,183 for michigan bachelor’s degree actuarial science students with aid.
With a ranking of #9, Olivet College did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Getting Aid list. Olivet College is located in Olivet, Michigan and, has a small student population. In 2019-2020, this school awarded 9 bachelors’s actuarial science degrees to qualified students.
Olivet did well in our major quality rankings, too. It placed #7 on our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Olivet is $21,464 for michigan bachelor’s degree actuarial science students with aid.
- Best Value Bachelor’s Degree Colleges for Actuarial Science in the Great Lakes Region (With Aid)
- Best Value Bachelor’s Degree Colleges for Actuarial Science (With Aid)
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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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