2022 Best Value Insurance Schools for a Bachelor’s in Michigan

When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Insurance Schools for a Bachelor’s in Michigan” ranking as one item you can use to help make this 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 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.

This year’s “Best Value Insurance Schools for a Bachelor’s in Michigan” ranking looked at 3 colleges that offer degrees in a bachelor’s in insurance. Not only do the schools that top this list have excellent insurance programs, but they also cost less that 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.

One Size Does Not Fit All

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 in Michigan” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Insurance Schools for a Bachelor’s in Michigan

The colleges and universities below are the best for michigan bachelor’s degree insurance students.

Top 3 Best Value Bachelor’s Degree Colleges for Insurance in Michigan

#1

Ferris State University

Big Rapids, Michigan

#2 in overall quality

$12,889 Average Net Price

Out of the 3 schools in the Best Value Insurance Schools for a Bachelor’s in Michigan that were part of this year’s ranking, Ferris State University landed the #1 spot on the list. Ferris State University is a public institution located in Big Rapids, Michigan. The school has a fairly large population, and it awarded 7 bachelors’s degrees in 2019-2020.

Ferris also took the #2 spot in our “Best Insurance Bachelor’s Degree Schools in Michigan” ranking. It costs about $12,889 for Michigan Bachelor’s Degree Insurance students per year to attend Ferris State University.

Full Ferris Insurance Report

#2

Northwood University

Midland, Michigan

#1 in overall quality

$21,618 Average Net Price

You’ll join some of the best and brightest minds around if you attend Northwood University. The school came in at #2 for the Best Value Insurance Schools for a Bachelor’s in Michigan. This small school is located in Midland, Michigan, and it awarded 5 bachelors’s insurance degrees in 2019-2020.

Northwood also took the #1 spot in our “Best Insurance Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Northwood University is $21,618 for Michigan Bachelor’s Degree Insurance students.

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.

Read more about Insurance at Northwood

#3

Olivet College

Olivet, Michigan

#3 in overall quality

$21,464 Average Net Price

$49,962 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Olivet College. The school came in at #3 for the Best Value Insurance Schools for a Bachelor’s in Michigan. Olivet College 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.

Olivet also took the #3 spot in our “Best Insurance Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Olivet College is $21,464 for Michigan Bachelor’s Degree Insurance students.

Read full report on Insurance at Olivet

• Best Value Bachelor’s Degree Colleges for Insurance in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Insurance

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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