2023 Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k
19
Ranked Colleges
419
Degrees Awarded
$12,000
Avg Net Price*
With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
Insurance is the 201st most popular major in the country with 1,809 degrees awarded in 2020-2021. In 2019-2020, insurance graduates who were awarded their degree in 2017-2019, earned an average of $57,764 and had an average of $24,058 in loans still to pay off.
Across the Great Lakes region, there were 419 insurance graduates with average earnings and debt of $54,982 and $24,800 respectively.
This year’s “Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k” ranking looked at 19 colleges that offer degrees in a bachelor’s in insurance. The schools that top this list are recognized because they have great insurance programs and cost less that schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the insurance program at the school. See our ranking methodology to learn more.
More Ways to Rank Insurance Schools
Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
We’ve created a tool called College Combat that lets you create your own customized comparisons 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 in the Great Lakes Region For Those Making $0-$30k
The following schools top our list of the Best Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k.
Top 19 Best Value Colleges for Insurance (Income $0-$30k) in the Great Lakes Region
Out of the 19 schools in the Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Wisconsin - Madison landed the #1 spot on the list. University of Wisconsin - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 129 ’s degrees in 2020-2021.
UW - Madison also made our “Best Insurance Schools in the Great Lakes Region” list, coming in at #1. The yearly cost to attend UW - Madison is $3,981 for great lakes region insurance students whose families make $0-$30k.
The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students.
Read full report on Insurance at University of Wisconsin - Madison
You’ll be in good company if you decide to attend Lansing Community College. It ranked #2 on our 2023 Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k list. LCC is a fairly large school located in Lansing, Michigan that handed out 3 ’s insurance degrees in 2020-2021.
LCC not only placed well in this ranking. It is also #5 on our “Best Insurance Schools in the Great Lakes Region” list. The estimated yearly cost for Lansing Community College is $4,929 for Great Lakes Region Insurance students whose families make $0-$30k.
Read full report on Insurance at LCC
Out of the 19 schools in the Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, Clark State Community College landed the #3 spot on the list. This medium-sized school is located in Springfield, Ohio, and it awarded 7 ’s insurance degrees in 2020-2021.
Clark State Community College also made our “Best Insurance Schools in the Great Lakes Region” list, coming in at #6. The yearly cost to attend Clark State Community College is $5,350 for great lakes region insurance students whose families make $0-$30k.
With a freshman retention rate of 100%, the school does an excellent job of retaining its undergraduate students.
Read more about Insurance at Clark State Community College
You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #4 on our 2023 Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k list. Ohio State University - Main Campus is a large public school situated in Columbus, Ohio. It awarded 2 ’s insurance degrees in 2020-2021.
Ohio State also took the #4 spot in our “Best Insurance Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ohio State is $7,068 for great lakes region insurance students whose families make $0-$30k.
The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Read more about Insurance at Ohio State University - Main Campus
You’ll join some of the best and brightest minds around if you attend Ball State University. The school came in at #5 for the Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k. Muncie, Indiana is the setting for this large institution of higher learning. The public school handed out ’s insurance degrees to 34 students in 2020-2021.
Ball State also took the #7 spot in our “Best Insurance Schools in the Great Lakes Region” ranking. The yearly cost to attend Ball State University is $8,273 for great lakes region insurance students whose families make $0-$30k.
The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.
Read full report on Insurance at Ball State
Indiana State University landed the #6 spot on the 2023 Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k ranking. Indiana State University is a public institution located in Terre Haute, Indiana. The school has a medium-sized population, and it awarded 16 ’s degrees in 2020-2021.
Indiana State not only placed well in this ranking. It is also #8 on our “Best Insurance Schools in the Great Lakes Region” list. The estimated yearly cost for Indiana State is $10,104 for Great Lakes Region Insurance students whose families make $0-$30k.
Read full report on Insurance at Indiana State University
Ferris State University did quite well in the 2023 Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #7. Located in Big Rapids, Michigan, this fairly large public school awarded 2 diplomas to qualified ’s insurance students in 2020-2021.
Ferris also took the #12 spot in our “Best Insurance Schools in the Great Lakes Region” ranking. The yearly cost to attend Ferris State University is $6,577 for great lakes region insurance students whose families make $0-$30k.
Read full report on Insurance at Ferris State University
Illinois State University ranked #8 on this year’s Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k list. Illinois State is a large school located in Normal, Illinois that handed out 50 ’s insurance degrees in 2020-2021.
As a testament to the quality of education offered at Illinois State, the school also landed the #3 spot in our “Best Insurance Schools in the Great Lakes Region” ranking. The estimated yearly cost for Illinois State University is $13,783 for Great Lakes Region Insurance students whose families make $0-$30k.
The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Insurance at Illinois State
Owens Community College did quite well in the 2023 Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #9. This medium-sized school is located in Perrysburg, Ohio, and it awarded 3 ’s insurance degrees in 2020-2021.
In addition to being on our great lakes region insurance students whose families make $0-$30k list, Owens State Community College has also earned the #16 rank in our “Best Insurance Schools in the Great Lakes Region” ranking. It costs about $8,505 for Great Lakes Region Insurance students whose families make $0-$30k per year to attend Owens Community College.
Full Owens State Community College Insurance Report
Kent State University at Salem landed the #10 spot on the 2023 Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k ranking. This small school is located in Salem, Ohio, and it awarded 7 ’s insurance degrees in 2020-2021.
Kent State University at Salem not only placed well in this ranking. It is also #19 on our “Best Insurance Schools in the Great Lakes Region” list. The estimated yearly cost for Kent State University at Salem is $6,351 for great lakes region insurance students whose families make $0-$30k.
Read more about Insurance at Kent State University at Salem
University of Cincinnati - Main Campus came in at #11 in this year’s edition of the Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k ranking. University of Cincinnati - Main Campus is a large public school situated in Cincinnati, Ohio. It awarded 19 ’s insurance degrees in 2020-2021.
In addition to being on our great lakes region insurance students whose families make $0-$30k list, UC has also earned the #10 rank in our “Best Insurance Schools in the Great Lakes Region” ranking. It costs about $15,061 for great lakes region insurance students whose families make $0-$30k per year to attend UC.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%. The low undergrad student loan default rate of 4.7% 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%.
Full UC Insurance Report
Franklin University landed the #12 spot on the 2023 Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k ranking. Located in Columbus, Ohio, this medium-sized private not-for-profit school handed out 11 degrees to qualified ’s insurance students in 2020-2021.
Franklin University also took the #18 spot in our “Best Insurance Schools in the Great Lakes Region” ranking. It costs about $6,527 for great lakes region insurance students whose families make $0-$30k per year to attend Franklin University.
The undergrad student loan default rate at the school is 5.0%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Insurance at Franklin University
Northwood University landed the #13 spot on the 2023 Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k ranking. Midland, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s insurance degrees to 6 students in 2020-2021.
In addition to being on our great lakes region insurance students whose families make $0-$30k list, Northwood has also earned the #14 rank in our “Best Insurance Schools in the Great Lakes Region” ranking. The yearly cost to attend Northwood University is $15,303 for great lakes region insurance students whose families make $0-$30k.
Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. The undergrad student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.
Full Northwood Insurance Report
University of Akron Main Campus landed the #14 spot on the 2023 Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k ranking. University of Akron Main Campus is a fairly large school located in Akron, Ohio that handed out 2 ’s insurance degrees in 2020-2021.
University of Akron Main Campus also made our “Best Insurance Schools in the Great Lakes Region” list, coming in at #15. It costs about $14,420 for Great Lakes Region Insurance students whose families make $0-$30k per year to attend University of Akron Main Campus.
Read more about Insurance at University of Akron Main Campus
University of Saint Francis - Fort Wayne came in at #15 in this year’s edition of the Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k ranking. This small school is located in Fort Wayne, Indiana, and it awarded 4 ’s insurance degrees in 2020-2021.
University of St. Francis Fort Wayne not only placed well in this ranking. It is also #17 on our “Best Insurance Schools in the Great Lakes Region” list. It costs about $13,374 for Great Lakes Region Insurance students whose families make $0-$30k per year to attend University of Saint Francis - Fort Wayne.
The undergrad student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
Read more about Insurance at University of St. Francis Fort Wayne
Ohio Dominican University ranked #16 on this year’s Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k list. Columbus, Ohio is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s insurance degrees to 5 students in 2020-2021.
As a testament to the quality of education offered at ODU, the school also landed the #11 spot in our “Best Insurance Schools in the Great Lakes Region” ranking. The yearly cost to attend ODU is $18,919 for Great Lakes Region Insurance students whose families make $0-$30k.
The school has an impressive undergrad student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.
Read full report on Insurance at Ohio Dominican University
With a ranking of #17, Butler University did quite well on the 2023 Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k list. Butler is a private not-for-profit institution located in Indianapolis, Indiana. The school has a medium-sized population, and it awarded 46 ’s degrees in 2020-2021.
As a testament to the quality of education offered at Butler, the school also landed the #2 spot in our “Best Insurance Schools in the Great Lakes Region” ranking. The estimated yearly cost for Butler University is $30,117 for Great Lakes Region Insurance students whose families make $0-$30k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 1.9% 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%.
Full Butler Insurance Report
Olivet College came in at #18 in this year’s edition of the Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k ranking. Olivet College is a small school located in Olivet, Michigan that handed out 28 ’s insurance degrees in 2020-2021.
Olivet not only placed well in this ranking. It is also #9 on our “Best Insurance Schools in the Great Lakes Region” list. The estimated yearly cost for Olivet is $19,675 for Great Lakes Region Insurance students whose families make $0-$30k.
Full Olivet College Insurance Report
University of Mount Union came in at #19 in this year’s edition of the Best Value Insurance Schools in the Great Lakes Region For Those Making $0-$30k ranking. Mount Union is a private not-for-profit institution located in Alliance, Ohio. The school has a small population, and it awarded 1 ’s degrees in 2020-2021.
As a testament to the quality of education offered at Mount Union, the school also landed the #13 spot in our “Best Insurance Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Mount Union is $19,000 for great lakes region insurance students whose families make $0-$30k.
The school has an impressive undergrad student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%.
Read full report on Insurance at Mount Union
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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
- *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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