2022 Best Value Bachelor’s Degree Colleges for Insurance (Income $75-$110k) in Michigan

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 for a Bachelor’s in Michigan For Those Making $75-$110k” ranking is one tool we have developed to help in this regard.

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.

For this year’s “Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $75-$110k” ranking, we looked at 3 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. For more information, check out our ranking methodology.

More Ways to Rank Insurance Schools

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 $75-$110k” 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. 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 Michigan For Those Making $75-$110k

The following schools top our list of the Best Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $75-$110k.

Top 3 Best Value Bachelor’s Degree Colleges for Insurance (Income $75-$110k) in Michigan

#1

Ferris State University

Big Rapids, Michigan

#2 in overall quality

$17,132 Average Net Price

Out of the 3 schools in the Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $75-$110k that were part of this year’s ranking, Ferris State University landed the #1 spot on the list. Ferris is a fairly large school located in Big Rapids, Michigan that handed out 7 bachelors’s insurance degrees in 2019-2020.

As a testament to the quality of education offered at Ferris, the school also landed the #2 spot in our “Best Insurance Bachelor’s Degree Schools in Michigan” ranking. It costs about $17,132 for Michigan Bachelor’s Degree Insurance students whose families make $75-$110k per year to attend Ferris.

Full Ferris State University Insurance Report

#2

Olivet College

Olivet, Michigan

#3 in overall quality

$21,711 Average Net Price

$49,962 Average Early-Career Earnings

You’ll be in good company if you decide to attend Olivet College. It ranked #2 on our 2022 Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $75-$110k list. Olivet College is a small private not-for-profit school situated in Olivet, Michigan. It awarded 18 bachelors’s insurance degrees in 2019-2020.

Olivet also took the #3 spot in our “Best Insurance Bachelor’s Degree Schools in Michigan” ranking. It costs about $21,711 for michigan bachelor’s degree insurance students whose families make $75-$110k per year to attend Olivet.

Full Olivet College Insurance Report

#3

Northwood University

Midland, Michigan

#1 in overall quality

$22,497 Average Net Price

You’ll be in good company if you decide to attend Northwood University. It ranked #3 on our 2022 Best Value Insurance Schools for a Bachelor’s in Michigan For Those Making $75-$110k list. Midland, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s insurance degrees to 5 students in 2019-2020.

Northwood did well in our major quality rankings, too. It placed #1 on our “Best Insurance Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Northwood is $22,497 for michigan bachelor’s degree insurance students whose families make $75-$110k.

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.

Read more about Insurance at Northwood

• Best Value Bachelor’s Degree Colleges for Insurance (Income $75-$110k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Insurance (Income $75-$110k)

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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