2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region” ranking.
Insurance is the 333rd most popular major in the country with 1,811 degrees awarded in 2019-2020.
Across the Great Lakes region, there were 397 insurance graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 349 insurance graduates with average earnings and debt of $39,075 and $25,381 respectively.
For this year’s “Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region” ranking, we looked at 15 colleges that offer a degree in insurance. The schools that top this list are recognized because they have great insurance programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the insurance program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region” list to help you make the college decision.
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Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region
The colleges and universities below are the best for great lakes region bachelor’s degree insurance students.
Top 15 Best Value Bachelor’s Degree Colleges for Insurance in the Great Lakes Region
Out of the 15 schools in the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region that were part of this year’s ranking, Illinois State University landed the #1 spot on the list. Normal, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s insurance degrees to 71 students in 2019-2020.
Illinois State also made our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #2. The yearly cost to attend Illinois State University is $20,895 for great lakes region bachelor’s degree insurance students.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Ferris State University. The school came in at #2 for the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region. Ferris is a public institution located in Big Rapids, Michigan. The school has a fairly large population, and it awarded 7 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Ferris, the school also landed the #10 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ferris State University is $12,889 for Great Lakes Region Bachelor’s Degree Insurance students.
Out of the 15 schools in the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region that were part of this year’s ranking, Franklin University landed the #3 spot on the list. Located in Columbus, Ohio, this medium-sized private not-for-profit school awarded 10 diplomas to qualified bachelors’s insurance students in 2019-2020.
Franklin University not only placed well in this ranking. It is also #14 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Franklin University is $12,895 for Great Lakes Region Bachelor’s Degree Insurance students.
You’ll be in good company if you decide to attend Indiana State University. It ranked #4 on our 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region list. Indiana State University is a public institution located in Terre Haute, Indiana. The school has a fairly large population, and it awarded 18 bachelors’s degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree insurance students list, Indiana State has also earned the #11 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Indiana State University is $13,896 for Great Lakes Region Bachelor’s Degree Insurance students.
You’ll be in good company if you decide to attend Kent State University at Salem. It ranked #5 on our 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region list. Salem, Ohio is the setting for this small institution of higher learning. The public school handed out bachelors’s insurance degrees to 4 students in 2019-2020.
In addition to being on our great lakes region bachelor’s degree insurance students list, Kent State University at Salem has also earned the #15 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $8,050 for great lakes region bachelor’s degree insurance students per year to attend Kent State University at Salem.
University of Wisconsin - Madison did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region ranking, coming in at #6. University of Wisconsin - Madison is a large public school situated in Madison, Wisconsin. It awarded 137 bachelors’s insurance degrees in 2019-2020.
UW - Madison also took the #1 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Wisconsin - Madison is $17,708 for great lakes region bachelor’s degree insurance students.
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.
Ball State University ranked #7 on this year’s Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region list. Ball State is a public institution located in Muncie, Indiana. The school has a large population, and it awarded 22 bachelors’s degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree insurance students list, Ball State has also earned the #6 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Ball State is $15,147 for great lakes region bachelor’s degree insurance students.
University of Cincinnati - Main Campus did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region ranking, coming in at #8. University of Cincinnati - Main Campus is a large school located in Cincinnati, Ohio that handed out 11 bachelors’s insurance degrees in 2019-2020.
As a testament to the quality of education offered at UC, the school also landed the #5 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for UC is $21,843 for great lakes region bachelor’s degree insurance students.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
Northwood University did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region ranking, coming in at #9. Northwood is located in Midland, Michigan and, has a small student population. In 2019-2020, this school awarded 5 bachelors’s insurance degrees to qualified students.
Northwood also took the #7 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Northwood University is $21,618 for Great Lakes Region Bachelor’s Degree Insurance students.
The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Ohio State University - Main Campus did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region ranking, coming in at #10. Ohio State University - Main Campus is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 2 bachelors’s degrees in 2019-2020.
Ohio State also took the #4 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ohio State is $17,616 for Great Lakes Region Bachelor’s Degree Insurance students.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. 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%.
With a ranking of #11, University of Saint Francis - Fort Wayne did quite well on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region list. University of St. Francis Fort Wayne is located in Fort Wayne, Indiana and, has a small student population. In 2019-2020, this school awarded 9 bachelors’s insurance degrees to qualified students.
University of St. Francis Fort Wayne also took the #8 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of St. Francis Fort Wayne is $17,796 for Great Lakes Region Bachelor’s Degree Insurance students.
Full University of Saint Francis - Fort Wayne Insurance Report
Heidelberg University came in at #12 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region ranking. This small school is located in Tiffin, Ohio, and it awarded 3 bachelors’s insurance degrees in 2019-2020.
As a testament to the quality of education offered at Heidelburg College, the school also landed the #9 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $20,893 for great lakes region bachelor’s degree insurance students per year to attend Heidelburg College.
With a ranking of #13, Olivet College did quite well on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region list. Olivet College is a small school located in Olivet, Michigan that handed out 18 bachelors’s insurance degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree insurance students list, Olivet has also earned the #12 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Olivet College is $21,464 for Great Lakes Region Bachelor’s Degree Insurance students.
Ohio Dominican University came in at #14 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region ranking. ODU is a small private not-for-profit school situated in Columbus, Ohio. It awarded 5 bachelors’s insurance degrees in 2019-2020.
ODU also took the #13 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $19,960 for great lakes region bachelor’s degree insurance students per year to attend ODU.
Butler University landed the #15 spot on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region ranking. Butler is a private not-for-profit institution located in Indianapolis, Indiana. The school has a medium-sized population, and it awarded 27 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Butler, the school also landed the #3 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Butler is $37,645 for great lakes region bachelor’s degree insurance students.
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 school has an impressive student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%.
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Best Insurance Bachelor's Degree Schools in the Great Lakes Region
Insurance students in the Great Lakes Region
Most Focused Bachelor's Degree Colleges for Insurance in the Great Lakes Region
Insurance students in the Great Lakes Region
Most Popular Bachelor's Degree Online Insurance Schools
Insurance students in the Great Lakes Region
Best Value Bachelor's Degree Colleges for Insurance (Income $0-$30k) in the Great Lakes Region
Insurance students with family income less than $30k in the Great Lakes Region
Best Value Bachelor's Degree Colleges for Insurance (Income $48-$75k) in the Great Lakes Region
Insurance students with family income $48-$75k in the Great Lakes Region
Best Value Bachelor's Degree Colleges for Insurance (Income Over $110k) in the Great Lakes Region
Insurance students with family income exceeding $110k in the Great Lakes Region
Highest Paid Bachelor's Degree Insurance Graduates in the Great Lakes Region
Insurance students in the Great Lakes Region
Most Popular Bachelor's Degree Colleges for Insurance in the Great Lakes Region
Insurance students in the Great Lakes Region
Best Value Bachelor's Degree Colleges for Insurance in the Great Lakes Region (With Aid)
Insurance students getting aid in the Great Lakes Region
Best Value Bachelor's Degree Colleges for Insurance (Income $30-$48k) in the Great Lakes Region
Insurance students with family income $30-$48k in the Great Lakes Region
Best Value Bachelor's Degree Colleges for Insurance (Income $75-$110k) in the Great Lakes Region
Insurance students with family income $75-$110k in the Great Lakes Region
Best Value Bachelor's Degree Colleges for Insurance in the Great Lakes Region
Insurance students in the Great Lakes Region
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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- Credit for the banner image above goes to Nick Youngson.
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