2027 Best Value Insurance Schools in the Great Lakes Region
[Insurance](/majors/business-management-marketing-sales/insurance/) is a field worth comparing on the balance of cost and outcomes. The best values balance affordable tuition against strong post-graduation earnings.
College Factual analyzed 8 schools to build this 2027 ranking of the best value insurance schools.
What’s on this page:
2027 Best Value Insurance Schools in the Great Lakes Region
If you want to know which schools deliver the best value for the insurance degrees they offer, see the list below.
Best Value Insurance Schools
Leading the list is Lorain County Community College, our #1 best value for insurance in the Great Lakes Region. Set in the suburb of Elyria, Lorain County Community College is a large public institution. Expect in-state tuition and fees of around $4,265, compared with $8,860 for out-of-state students. Insurance graduates carry a median of $17,611 in student loans. Insurance graduates of Lorain County Community College earn a median of $40,095 early in their careers. Set against $17,611 in median debt, that is a healthy payoff.
Students looking for strong value in insurance will find it at Ivy Tech Community College, which ranked #2. Set in the city of Indianapolis, Ivy Tech Community College is a very large public institution. Expect in-state tuition and fees of around $5,154, while out-of-state students pay about $9,935. Insurance graduates carry a median of $11,889 in student loans. Soon after graduation, insurance degree recipients from Ivy Tech Community College generally make around $40,734. Weighed against typical debt, the earnings make a compelling case for value.
The strong cost-to-outcome balance at Harper College earned it the #3 place for insurance. Harper College is a very large public school located in the suburb of Palatine. The average in-state cost of tuition and fees is $3,894, with out-of-state students paying around $11,874. Insurance graduates carry a median of $10,963 in student loans. Early-career insurance graduates make about $44,523. Set against $10,963 in median debt, that is a healthy payoff.
University Of Wisconsin Oshkosh came in at #4 on our 2027 list of the best value insurance schools. Set in the city of Oshkosh, University Of Wisconsin Oshkosh is a large public institution. In-state tuition and fees average $8,532, compared with $16,446 for out-of-state students. Insurance graduates carry a median of $24,619 in student loans. Soon after graduation, insurance degree recipients from University Of Wisconsin Oshkosh generally make around $50,590. That is a strong return on a $24,619 median debt. The acceptance rate is 86%.
Students looking for strong value in insurance will find it at University Of Wisconsin Madison, which ranked #5. Set in the city of Madison, University Of Wisconsin Madison is a very large public institution. Expect in-state tuition and fees of around $11,603, while out-of-state students pay about $42,103. Students borrow a median of $20,500 to complete the insurance program here. Soon after graduation, insurance degree recipients from University Of Wisconsin Madison generally make around $78,796. Set against $20,500 in median debt, that is a healthy payoff. University Of Wisconsin Madison admits about 45% of applicants.
Illinois State University ranked #6 on our 2027 list of the best value insurance schools. Illinois State University is a very large public school located in the suburb of Normal. Expect in-state tuition and fees of around $14,410, compared with $26,058 for out-of-state students. Insurance graduates carry a median of $19,500 in student loans. Soon after graduation, insurance degree recipients from Illinois State University generally make around $51,499. Set against $19,500 in median debt, that is a healthy payoff. Illinois State University admits about 88% of applicants.
Olivet College placed #7 among the best values for insurance. Set in the rural area of Olivet, Olivet College is a small private not-for-profit institution. Students from in state pay about $34,068 in tuition and fees. Students borrow a median of $24,710 to complete the insurance program here. Insurance graduates of Olivet College earn a median of $56,027 early in their careers. That is a strong return on a $24,710 median debt. The acceptance rate is 83%.
University Of Cincinnati Main Campus earned the #8 position for value in insurance this year. Set in the city of Cincinnati, University Of Cincinnati Main Campus is a very large public institution. The average in-state cost of tuition and fees is $13,363, while out-of-state students pay about $28,697. Insurance graduates carry a median of $23,530 in student loans. Insurance graduates of University Of Cincinnati Main Campus earn a median of $58,659 early in their careers. Set against $23,530 in median debt, that is a healthy payoff. University Of Cincinnati Main Campus admits about 85% of applicants.
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Notes and References
This list is compiled by College Factual (MF_RANKING_2025), 2027 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 8 schools evaluated.
*Averages shown above reflect the top 8 ranked schools only.
- 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).
More about our data sources and methodologies.
