2022 Best Value Master’s Degree Colleges for Insurance (Income $30-$48k) in the Great Lakes Region

Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Insurance Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” ranking - to help you make that decision.

Insurance is the 206th most popular major in the country with 1,811 degrees awarded in 2019-2020. 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 the Great Lakes region, there were 397 insurance graduates with average earnings and debt of $55,167 and $22,167 respectively. At the master’s degree level specifically, there were 17 insurance graduates with average earnings and debt of $57,039 and $42,488 respectively.

For this year’s “Best Value Insurance Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” ranking, we looked at 2 colleges that offer a degree in insurance. This ranking identifies schools with high-quality insurance programs that also have a lower cost than 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

The insurance 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 Insurance Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k”.

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 when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Insurance Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k

The following schools top our list of the Best Best Value Insurance Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k.

Top 2 Best Value Master’s Degree Colleges for Insurance (Income $30-$48k) in the Great Lakes Region

#1

University of Wisconsin - Madison

Madison, Wisconsin

$25,523 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Madison. The school came in at #1 for the Best Value Insurance Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k. UW - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 4 masters’s insurance degrees to qualified students.

As a testament to the quality of education offered at UW - Madison, the school also landed the #0 spot in our “Best Insurance Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - Madison are $25,523, but you may pay more or less depending on your major.

Full UW - Madison Insurance Report

#2

Olivet College

Olivet, Michigan

#1 in overall quality

$19,429 Average Net Price

Out of the 2 schools in the Best Value Insurance Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Olivet College landed the #2 spot on the list. Olivet is located in Olivet, Michigan and, has a small student population. In 2019-2020, this school awarded 13 masters’s insurance degrees to qualified students.

Olivet also took the #1 spot in our “Best Insurance Master’s Degree Schools in the Great Lakes Region” ranking.

Read full report on Insurance at Olivet

• Best Value Master’s Degree Colleges for Insurance (Income $30-$48k)

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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