2022 Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $0-$30k

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 Insurance Schools for a Bachelor’s in Michigan For Those Making $0-$30k” ranking as one item you can use to help make this decision.

In 2019-2020, 1,811 people earned their degree in insurance, making the major the 206th most popular in the United States. In 2017-2018, insurance graduates who were awarded their degree in 2015-2017, earned an average of $57,694 and had an average of $23,336 in loans still to pay off.

Across Michigan, there were 49 insurance graduates with average earnings and debt of $46,100 and $27,000 respectively. At the bachelor’s degree level specifically, there were 30 insurance graduates with average earnings and debt of $40,161 and $25,915 respectively.

This year’s “Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $0-$30k” ranking looked at 3 colleges that offer degrees in a bachelor’s in insurance. This ranking identifies schools with high-quality insurance 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 insurance program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $0-$30k” list, to help you choose the best school for you.

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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $0-$30k

The colleges and universities below are the best for michigan bachelor’s degree insurance students whose families make $0-$30k.

Top 3 Best Value Bachelor’s Degree Colleges for Insurance (Income $0-$30k) in Michigan

#1

Ferris State University

Big Rapids, Michigan

#2 in overall quality

$7,207 Average Net Price

You’ll be in good company if you decide to attend Ferris State University. It ranked #1 on our 2022 Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $0-$30k list. This fairly large school is located in Big Rapids, Michigan, and it awarded 7 bachelors’s insurance degrees in 2019-2020.

Ferris did well in our major quality rankings, too. It placed #2 on our “Best Insurance Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Ferris is $7,207 for michigan bachelor’s degree insurance students whose families make $0-$30k.

Full Ferris State University Insurance Report

#2

Northwood University

Midland, Michigan

#1 in overall quality

$14,573 Average Net Price

You’ll join some of the best and brightest minds around if you attend Northwood University. The school came in at #2 for the Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $0-$30k. Northwood University is a private not-for-profit institution located in Midland, Michigan. The school has a small population, and it awarded 5 bachelors’s degrees in 2019-2020.

Northwood also made our “Best Insurance Bachelor’s Degree Schools in Michigan” list, coming in at #1. The yearly cost to attend Northwood University is $14,573 for Michigan Bachelor’s Degree Insurance students whose families make $0-$30k.

With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read more about Insurance at Northwood University

#3

Olivet College

Olivet, Michigan

#3 in overall quality

$20,867 Average Net Price

$49,962 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Olivet College. The school came in at #3 for the Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $0-$30k. Olivet, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s insurance degrees to 18 students in 2019-2020.

In addition to being on our michigan bachelor’s degree insurance students whose families make $0-$30k list, Olivet has also earned the #3 rank in our “Best Insurance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Olivet College is $20,867 for Michigan Bachelor’s Degree Insurance students whose families make $0-$30k.

Read more about Insurance at Olivet College

• Best Value Bachelor’s Degree Colleges for Insurance (Income $0-$30k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Insurance (Income $0-$30k)

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.

Credits

• Credit for the banner image above goes to Nick Youngson.

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