2022 Best Value Bachelor’s Degree Colleges for Insurance (With Aid)
When pursuing a degree in today’s world, students have many different options to choose from. 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 for a Bachelor’s For Those Getting Aid” ranking is part of that endeavor.
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.
At the bachelor’s degree level specifically, there were 1,556 insurance graduates with average earnings and debt of $38,303 and $24,501 respectively.
For this year’s “Best Value Insurance Schools for a Bachelor’s For Those Getting Aid” ranking, we looked at 42 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.
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.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Insurance Schools for a Bachelor’s For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value Insurance Schools for a Bachelor’s For Those Getting Aid
The following schools top our list of the Best Best Value Insurance Schools for a Bachelor’s For Those Getting Aid.
Top 25 Best Value Bachelor’s Degree Colleges for Insurance (With Aid)
You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #1 on our 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid list. UW - Madison is a large public school situated in Madison, Wisconsin. It awarded 137 bachelors’s insurance degrees in 2019-2020.
UW - Madison did well in our major quality rankings, too. It placed #1 on our “Best Insurance Bachelor’s Degree Schools” list. The estimated yearly cost for University of Wisconsin - Madison is $17,708 for bachelor’s degree insurance students with aid.
The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 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.
Read full report on Insurance at University of Wisconsin - Madison
Out of the 42 schools in the Best Value Insurance Schools for a Bachelor’s For Those Getting Aid that were part of this year’s ranking, Florida State University landed the #2 spot on the list. This large school is located in Tallahassee, Florida, and it awarded 126 bachelors’s insurance degrees in 2019-2020.
In addition to being on our bachelor’s degree insurance students with aid list, Florida State has also earned the #4 rank in our “Best Insurance Bachelor’s Degree Schools” ranking. It costs about $9,789 for bachelor’s degree insurance students with aid per year to attend Florida State.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The student loan default rate at the school is 3.5%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend Appalachian State University. It ranked #3 on our 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid list. Located in Boone, North Carolina, this large public school awarded 78 degrees to qualified bachelors’s insurance students in 2019-2020.
Appalachian State also made our “Best Insurance Bachelor’s Degree Schools” list, coming in at #12. The yearly cost to attend Appalachian State is $13,920 for Bachelor’s Degree Insurance students with aid.
The school has an impressive student loan default rate. It’s only 3.9%, 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 86%.
You’ll be in good company if you decide to attend University of Georgia. It ranked #4 on our 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid list. University of Georgia is a large school located in Athens, Georgia that handed out 245 bachelors’s insurance degrees in 2019-2020.
UGA did well in our major quality rankings, too. It placed #3 on our “Best Insurance Bachelor’s Degree Schools” list. The estimated yearly cost for UGA is $13,649 for bachelor’s degree insurance students with aid.
The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
You’ll join some of the best and brightest minds around if you attend University of South Florida - Main Campus. The school came in at #5 for the Best Value Insurance Schools for a Bachelor’s For Those Getting Aid. Located in Tampa, Florida, this large public school handed out 7 diplomas to qualified bachelors’s insurance students in 2019-2020.
USF Tampa also made our “Best Insurance Bachelor’s Degree Schools” list, coming in at #22. The yearly cost to attend USF Tampa is $8,355 for Bachelor’s Degree Insurance students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The low student loan default rate of 4.5% 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%.
Franklin University landed the #6 spot on the 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking. Located in Columbus, Ohio, this medium-sized private not-for-profit school handed out 10 degrees to qualified bachelors’s insurance students in 2019-2020.
The estimated yearly cost for Franklin University is $12,895 for bachelor’s degree insurance students with aid.
University of Minnesota - Twin Cities landed the #7 spot on the 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking. University of Minnesota - Twin Cities is a public institution located in Minneapolis, Minnesota. The school has a large population, and it awarded 13 bachelors’s degrees in 2019-2020.
UMN Twin Cities also took the #5 spot in our “Best Insurance Bachelor’s Degree Schools” ranking. The yearly cost to attend UMN Twin Cities is $17,740 for Bachelor’s Degree Insurance students with aid.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.
University of North Texas landed the #8 spot on the 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking. UNT is a public institution located in Denton, Texas. The school has a large population, and it awarded 34 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at UNT, the school also landed the #14 spot in our “Best Insurance Bachelor’s Degree Schools” ranking. The yearly cost to attend University of North Texas is $15,086 for bachelor’s degree insurance students with aid.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
University of Mississippi ranked #9 on this year’s Best Value Insurance Schools for a Bachelor’s For Those Getting Aid list. Ole Miss is a public institution located in University, Mississippi. The school has a large population, and it awarded 48 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Ole Miss, the school also landed the #15 spot in our “Best Insurance Bachelor’s Degree Schools” ranking. The estimated yearly cost for Ole Miss is $14,016 for bachelor’s degree insurance students with aid.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
University of Louisiana at Monroe landed the #10 spot on the 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking. University of Louisiana at Monroe is located in Monroe, Louisiana and, has a medium-sized student population. In 2019-2020, this school awarded 29 bachelors’s insurance degrees to qualified students.
The estimated yearly cost for ULM is $10,453 for bachelor’s degree insurance students with aid.
Ball State University came in at #11 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking. This large school is located in Muncie, Indiana, and it awarded 22 bachelors’s insurance degrees in 2019-2020.
Ball State also took the #19 spot in our “Best Insurance Bachelor’s Degree Schools” ranking. The estimated yearly cost for Ball State University is $15,147 for bachelor’s degree insurance students with aid.
Ferris State University ranked #12 on this year’s Best Value Insurance Schools for a Bachelor’s For Those Getting Aid list. Ferris State University is located in Big Rapids, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 7 bachelors’s insurance degrees to qualified students.
The yearly cost to attend Ferris State University is $12,889 for bachelor’s degree insurance students with aid.
Middle Tennessee State University did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #13. Middle Tennessee State University is a large public school situated in Murfreesboro, Tennessee. It awarded 8 bachelors’s insurance degrees in 2019-2020.
The estimated yearly cost for Middle Tennessee State University is $12,464 for bachelor’s degree insurance students with aid.
Read full report on Insurance at Middle Tennessee State University
Kent State University at Salem came in at #14 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking. This small school is located in Salem, Ohio, and it awarded 4 bachelors’s insurance degrees in 2019-2020.
It costs about $8,050 for Bachelor’s Degree Insurance students with aid per year to attend Kent State University at Salem.
Read full report on Insurance at Kent State University at Salem
Indiana State University did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #15. Terre Haute, Indiana is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s insurance degrees to 18 students in 2019-2020.
The yearly cost to attend Indiana State is $13,896 for bachelor’s degree insurance students with aid.
With a ranking of #16, University of Louisiana at Lafayette did quite well on the 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid list. University of Louisiana at Lafayette is a fairly large public school situated in Lafayette, Louisiana. It awarded 9 bachelors’s insurance degrees in 2019-2020.
The estimated yearly cost for University of Louisiana at Lafayette is $12,487 for bachelor’s degree insurance students with aid.
Ohio State University - Main Campus came in at #17 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking. This large school is located in Columbus, Ohio, and it awarded 2 bachelors’s insurance degrees in 2019-2020.
Ohio State also took the #13 spot in our “Best Insurance Bachelor’s Degree Schools” ranking. The estimated yearly cost for Ohio State University - Main Campus is $17,616 for Bachelor’s Degree Insurance students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. 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%.
University of South Carolina - Columbia landed the #18 spot on the 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking. Located in Columbia, South Carolina, this large public school handed out 122 diplomas to qualified bachelors’s insurance students in 2019-2020.
UofSC did well in our major quality rankings, too. It placed #6 on our “Best Insurance Bachelor’s Degree Schools” list. The yearly cost to attend University of South Carolina - Columbia is $20,509 for bachelor’s degree insurance students with aid.
The student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 90%.
Full University of South Carolina - Columbia Insurance Report
Illinois State University ranked #19 on this year’s Best Value Insurance Schools for a Bachelor’s For Those Getting Aid list. Illinois State University is a large school located in Normal, Illinois that handed out 71 bachelors’s insurance degrees in 2019-2020.
Illinois State did well in our major quality rankings, too. It placed #8 on our “Best Insurance Bachelor’s Degree Schools” list. The estimated yearly cost for Illinois State University is $20,895 for bachelor’s degree insurance students with aid.
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%.
Missouri State University - Springfield ranked #20 on this year’s Best Value Insurance Schools for a Bachelor’s For Those Getting Aid list. Missouri State is a large school located in Springfield, Missouri that handed out 21 bachelors’s insurance degrees in 2019-2020.
Missouri State did well in our major quality rankings, too. It placed #17 on our “Best Insurance Bachelor’s Degree Schools” list. It costs about $16,725 for Bachelor’s Degree Insurance students with aid per year to attend Missouri State University - Springfield.
Georgia State University came in at #21 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking. Georgia State University is a large public school situated in Atlanta, Georgia. It awarded 43 bachelors’s insurance degrees in 2019-2020.
As a testament to the quality of education offered at Georgia State, the school also landed the #16 spot in our “Best Insurance Bachelor’s Degree Schools” ranking. The yearly cost to attend Georgia State University is $13,953 for bachelor’s degree insurance students with aid.
University of Houston - Downtown did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #22. UH Downtown is a fairly large school located in Houston, Texas that handed out 5 bachelors’s insurance degrees in 2019-2020.
It costs about $6,848 for bachelor’s degree insurance students with aid per year to attend University of Houston - Downtown.
Read full report on Insurance at University of Houston - Downtown
University of Central Oklahoma did quite well in the 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking, coming in at #23. This fairly large school is located in Edmond, Oklahoma, and it awarded 19 bachelors’s insurance degrees in 2019-2020.
As a testament to the quality of education offered at UCO, the school also landed the #24 spot in our “Best Insurance Bachelor’s Degree Schools” ranking. The yearly cost to attend UCO is $16,562 for Bachelor’s Degree Insurance students with aid.
Temple University came in at #24 in this year’s edition of the Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking. This large school is located in Philadelphia, Pennsylvania, and it awarded 161 bachelors’s insurance degrees in 2019-2020.
Temple also made our “Best Insurance Bachelor’s Degree Schools” list, coming in at #7. The yearly cost to attend Temple University is $23,521 for bachelor’s degree insurance students with aid.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
SUNY Oswego landed the #25 spot on the 2022 Best Value Insurance Schools for a Bachelor’s For Those Getting Aid ranking. SUNY Oswego is a medium-sized school located in Oswego, New York that handed out 8 bachelors’s insurance degrees in 2019-2020.
The estimated yearly cost for SUNY Oswego is $15,665 for Bachelor’s Degree Insurance students with aid.
The school has an impressive student loan default rate. It’s only 4.6%, which is much lower than the national rate of 10.1%.
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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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