2022 Best Value Bachelor’s Degree Colleges for Insurance (Income $48-$75k) in the Great Lakes Region
When pursuing a degree in today’s world, students have many different options to choose from. 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 For Those Making $48-$75k” ranking.
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 the Great Lakes region, there were 397 insurance graduates with average earnings and debt of $55,167 and $22,167 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.
This year’s “Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking looked at 15 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.
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 For Those Making $48-$75k” list to help you make the college decision.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k
The colleges and universities below are the best for great lakes region bachelor’s degree insurance students whose families make $48-$75k.
Top 15 Best Value Bachelor’s Degree Colleges for Insurance (Income $48-$75k) in the Great Lakes Region
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 Bachelor’s in the Great Lakes Region For Those Making $48-$75k. UW - Madison is a large school located in Madison, Wisconsin that handed out 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 UW - Madison is $13,227 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $48-$75k.
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%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.
You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #2 on our 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Ohio State 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 yearly cost to attend Ohio State is $13,982 for great lakes region bachelor’s degree insurance students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. 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%.
Read full report on Insurance at Ohio State University - Main Campus
Out of the 15 schools in the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, Franklin University landed the #3 spot on the list. Franklin University is a medium-sized school located in Columbus, Ohio that handed out 10 bachelors’s insurance degrees in 2019-2020.
Franklin University did well in our major quality rankings, too. It placed #14 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Franklin University is $11,869 for great lakes region bachelor’s degree insurance students whose families make $48-$75k.
You’ll join some of the best and brightest minds around if you attend Ferris State University. The school came in at #4 for the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k. This fairly large school is located in Big Rapids, Michigan, and it awarded 7 bachelors’s insurance degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree insurance students whose families make $48-$75k list, Ferris has also earned the #10 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Ferris is $14,101 for great lakes region bachelor’s degree insurance students whose families make $48-$75k.
You’ll join some of the best and brightest minds around if you attend Illinois State University. The school came in at #5 for the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k. Illinois State is a large public school situated in Normal, Illinois. It awarded 71 bachelors’s insurance degrees in 2019-2020.
In addition to being on our great lakes region bachelor’s degree insurance students whose families make $48-$75k list, Illinois State has also earned the #2 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $19,080 for great lakes region bachelor’s degree insurance students whose families make $48-$75k per year to attend Illinois State University.
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%.
Ball State University ranked #6 on this year’s Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Ball State is a large school located in Muncie, Indiana that handed out 22 bachelors’s insurance degrees in 2019-2020.
Ball State not only placed well in this ranking. It is also #6 on our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Ball State University is $15,185 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $48-$75k.
Kent State University at Salem came in at #7 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. 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 whose families make $48-$75k 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. The estimated yearly cost for Kent State University at Salem is $9,034 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $48-$75k.
Indiana State University ranked #8 on this year’s Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Indiana State University is a fairly large school located in Terre Haute, Indiana 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 whose families make $48-$75k list, Indiana State has also earned the #11 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $15,380 for great lakes region bachelor’s degree insurance students whose families make $48-$75k per year to attend Indiana State.
University of Saint Francis - Fort Wayne came in at #9 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. This small school is located in Fort Wayne, Indiana, and it awarded 9 bachelors’s insurance degrees in 2019-2020.
University of St. Francis Fort Wayne also made our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #8. The yearly cost to attend University of St. Francis Fort Wayne is $18,129 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $48-$75k.
Northwood University came in at #10 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Northwood University is a small school located in Midland, Michigan that handed out 5 bachelors’s insurance degrees in 2019-2020.
Northwood also made our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #7. It costs about $20,968 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $48-$75k per year to attend Northwood.
The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Heidelberg University landed the #11 spot on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Tiffin, Ohio, this small private not-for-profit school handed out 3 diplomas to qualified bachelors’s insurance students in 2019-2020.
Heidelburg College also took the #9 spot in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $19,391 for great lakes region bachelor’s degree insurance students whose families make $48-$75k per year to attend Heidelburg College.
University of Cincinnati - Main Campus did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #12. This large school is located in Cincinnati, Ohio, and it awarded 11 bachelors’s insurance degrees in 2019-2020.
UC also made our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #5. The estimated yearly cost for University of Cincinnati - Main Campus is $20,312 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
Read more about Insurance at University of Cincinnati - Main Campus
Ohio Dominican University landed the #13 spot on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. ODU is located in Columbus, Ohio and, has a small student population. In 2019-2020, this school awarded 5 bachelors’s insurance degrees to qualified students.
In addition to being on our great lakes region bachelor’s degree insurance students whose families make $48-$75k list, ODU has also earned the #13 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ohio Dominican University is $19,720 for great lakes region bachelor’s degree insurance students whose families make $48-$75k.
With a ranking of #14, Olivet College did quite well on the 2022 Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Olivet is located in Olivet, Michigan and, has a small student population. In 2019-2020, this school awarded 18 bachelors’s insurance degrees to qualified students.
In addition to being on our great lakes region bachelor’s degree insurance students whose families make $48-$75k list, Olivet has also earned the #12 rank in our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Olivet is $24,838 for Great Lakes Region Bachelor’s Degree Insurance students whose families make $48-$75k.
Butler University came in at #15 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Butler University is located in Indianapolis, Indiana and, has a medium-sized student population. In 2019-2020, this school awarded 27 bachelors’s insurance degrees to qualified students.
Butler also made our “Best Insurance Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #3. The estimated yearly cost for Butler is $35,778 for great lakes region bachelor’s degree insurance students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. 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
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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.
Credits
- Credit for the banner image above goes to Nick Youngson.
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