2022 Best Value Insurance Schools in Illinois For Those Making $75-$110k

It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Insurance Schools in Illinois For Those Making $75-$110k” ranking is part of that endeavor.

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 Illinois, there were 83 insurance graduates with average earnings and debt of $52,800 and $19,500 respectively.

The schools that top this list are recognized because they have great insurance programs and cost less that 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. For more information, check out our ranking methodology.

More Ways to Rank Insurance Schools

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 in Illinois For Those Making $75-$110k” 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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Insurance Schools in Illinois For Those Making $75-$110k

The following schools top our list of the Best Best Value Insurance Schools in Illinois For Those Making $75-$110k.

Top 1 Best Value Colleges for Insurance (Income $75-$110k) in Illinois

#1

Illinois State University

Normal, Illinois

#1 in overall quality

$25,379 Average Net Price

$42,245 Average Early-Career Earnings

Out of the 1 schools in the Best Value Insurance Schools in Illinois For Those Making $75-$110k that were part of this year’s ranking, Illinois State University landed the #1 spot on the list. Normal, Illinois is the setting for this large institution of higher learning. The public school handed out ’s insurance degrees to 71 students in 2019-2020.

As a testament to the quality of education offered at Illinois State, the school also landed the #1 spot in our “Best Insurance Schools in Illinois” ranking. The estimated yearly cost for Illinois State University is $25,379 for illinois insurance students whose families make $75-$110k.

The low student loan default rate of 4.4% 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%.

Read full report on Insurance at Illinois State

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