2023 Best Value Insurance Schools in the Great Lakes Region
19
Ranked Colleges
419
Degrees Awarded
$16,700
Avg Net Price*
When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 the Great Lakes Region” ranking is part of that endeavor.
In 2020-2021, 1,809 people earned their degree in insurance, making the major the 201st most popular in the United States. In 2019-2020, insurance graduates who were awarded their degree in 2017-2019, earned an average of $57,764 and had an average of $24,058 in loans still to pay off.
Across the Great Lakes region, there were 419 insurance graduates with average earnings and debt of $54,982 and $24,800 respectively.
This year’s “Best Value Insurance Schools in the Great Lakes Region” ranking looked at 19 colleges that offer degrees in a bachelor’s in insurance. This ranking identifies schools with high-quality insurance programs that also have a lower cost than 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. Check out our ranking methodology for more information.
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 the Great Lakes Region” list to help you make the college decision.
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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Insurance Schools in the Great Lakes Region
The colleges and universities below are the best for great lakes region insurance students.
Top 19 Best Value Colleges for Insurance in the Great Lakes Region
You’ll be in good company if you decide to attend Clark State Community College. It ranked #1 on our 2023 Best Value Insurance Schools in the Great Lakes Region list. This medium-sized school is located in Springfield, Ohio, and it awarded 7 ’s insurance degrees in 2020-2021.
Clark State Community College not only placed well in this ranking. It is also #6 on our “Best Insurance Schools in the Great Lakes Region” list. The yearly cost to attend Clark State Community College is $6,959 for Great Lakes Region Insurance students.
The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year.
Full Clark State Community College Insurance Report
You’ll join some of the best and brightest minds around if you attend Lansing Community College. The school came in at #2 for the Best Value Insurance Schools in the Great Lakes Region. This fairly large school is located in Lansing, Michigan, and it awarded 3 ’s insurance degrees in 2020-2021.
LCC also made our “Best Insurance Schools in the Great Lakes Region” list, coming in at #5. The yearly cost to attend LCC is $5,212 for Great Lakes Region Insurance students.
Read more about Insurance at Lansing Community College
You’ll be in good company if you decide to attend Owens Community College. It ranked #3 on our 2023 Best Value Insurance Schools in the Great Lakes Region list. Owens Community College is a public institution located in Perrysburg, Ohio. The school has a medium-sized population, and it awarded 3 ’s degrees in 2020-2021.
Owens State Community College did well in our major quality rankings, too. It placed #16 on our “Best Insurance Schools in the Great Lakes Region” list. The estimated yearly cost for Owens State Community College is $10,059 for Great Lakes Region Insurance students.
Read full report on Insurance at Owens Community College
You’ll join some of the best and brightest minds around if you attend Illinois State University. The school came in at #4 for the Best Value Insurance Schools in the Great Lakes Region. Illinois State University is a large public school situated in Normal, Illinois. It awarded 50 ’s insurance degrees in 2020-2021.
Illinois State not only placed well in this ranking. It is also #3 on our “Best Insurance Schools in the Great Lakes Region” list. The estimated yearly cost for Illinois State University is $20,830 for Great Lakes Region Insurance students.
The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
Full Illinois State Insurance Report
You’ll join some of the best and brightest minds around if you attend Ferris State University. The school came in at #5 for the Best Value Insurance Schools in the Great Lakes Region. Ferris State University is a fairly large school located in Big Rapids, Michigan that handed out 2 ’s insurance degrees in 2020-2021.
Ferris also took the #12 spot in our “Best Insurance Schools in the Great Lakes Region” ranking. It costs about $12,213 for Great Lakes Region Insurance students per year to attend Ferris State University.
Read more about Insurance at Ferris
University of Akron Main Campus came in at #6 in this year’s edition of the Best Value Insurance Schools in the Great Lakes Region ranking. Located in Akron, Ohio, this fairly large public school awarded 2 degrees to qualified ’s insurance students in 2020-2021.
University of Akron Main Campus also made our “Best Insurance Schools in the Great Lakes Region” list, coming in at #15. It costs about $17,945 for Great Lakes Region Insurance students per year to attend University of Akron Main Campus.
Read more about Insurance at University of Akron Main Campus
Indiana State University came in at #7 in this year’s edition of the Best Value Insurance Schools in the Great Lakes Region ranking. Indiana State is located in Terre Haute, Indiana and, has a medium-sized student population. In 2020-2021, this school awarded 16 ’s insurance degrees to qualified students.
Indiana State not only placed well in this ranking. It is also #8 on our “Best Insurance Schools in the Great Lakes Region” list. The estimated yearly cost for Indiana State is $14,270 for great lakes region insurance students.
Read more about Insurance at Indiana State University
With a ranking of #8, University of Wisconsin - Madison did quite well on the 2023 Best Value Insurance Schools in the Great Lakes Region list. Located in Madison, Wisconsin, this large public school awarded 129 degrees to qualified ’s insurance students in 2020-2021.
UW - Madison did well in our major quality rankings, too. It placed #1 on our “Best Insurance Schools in the Great Lakes Region” list. The estimated yearly cost for University of Wisconsin - Madison is $17,234 for Great Lakes Region Insurance students.
The low undergrad student loan default rate of 0.9% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.
Full University of Wisconsin - Madison Insurance Report
Butler University ranked #9 on this year’s Best Value Insurance Schools in the Great Lakes Region list. Butler University is a medium-sized school located in Indianapolis, Indiana that handed out 46 ’s insurance degrees in 2020-2021.
Butler did well in our major quality rankings, too. It placed #2 on our “Best Insurance Schools in the Great Lakes Region” list. It costs about $39,430 for Great Lakes Region Insurance students per year to attend Butler.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 1.9%, which is quite low when compared to the national default rate of 10.1%.
Read more about Insurance at Butler
Ball State University ranked #10 on this year’s Best Value Insurance Schools in the Great Lakes Region list. Ball State University is a public institution located in Muncie, Indiana. The school has a large population, and it awarded 34 ’s degrees in 2020-2021.
Ball State also made our “Best Insurance Schools in the Great Lakes Region” list, coming in at #7. The yearly cost to attend Ball State University is $14,765 for great lakes region insurance students.
The low undergrad student loan default rate of 4.2% 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 more about Insurance at Ball State University
With a ranking of #11, Franklin University did quite well on the 2023 Best Value Insurance Schools in the Great Lakes Region list. Franklin University is a private not-for-profit institution located in Columbus, Ohio. The school has a medium-sized population, and it awarded 11 ’s degrees in 2020-2021.
As a testament to the quality of education offered at Franklin University, the school also landed the #18 spot in our “Best Insurance Schools in the Great Lakes Region” ranking. The yearly cost to attend Franklin University is $7,201 for Great Lakes Region Insurance students.
The undergrad student loan default rate at the school is 5.0%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Insurance at Franklin University
Olivet College did quite well in the 2023 Best Value Insurance Schools in the Great Lakes Region ranking, coming in at #12. This small school is located in Olivet, Michigan, and it awarded 28 ’s insurance degrees in 2020-2021.
Olivet not only placed well in this ranking. It is also #9 on our “Best Insurance Schools in the Great Lakes Region” list. It costs about $20,053 for Great Lakes Region Insurance students per year to attend Olivet.
Full Olivet College Insurance Report
University of Cincinnati - Main Campus ranked #13 on this year’s Best Value Insurance Schools in the Great Lakes Region list. Cincinnati, Ohio is the setting for this large institution of higher learning. The public school handed out ’s insurance degrees to 19 students in 2020-2021.
As a testament to the quality of education offered at UC, the school also landed the #10 spot in our “Best Insurance Schools in the Great Lakes Region” ranking. The estimated yearly cost for UC is $22,415 for great lakes region insurance students.
With a freshman retention rate of 88%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 4.7% 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 UC
Ohio State University - Main Campus came in at #14 in this year’s edition of the Best Value Insurance Schools in the Great Lakes Region ranking. Ohio State University - Main Campus is a large school located in Columbus, Ohio that handed out 2 ’s insurance degrees in 2020-2021.
As a testament to the quality of education offered at Ohio State, the school also landed the #4 spot in our “Best Insurance Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio State University - Main Campus is $16,845 for Great Lakes Region Insurance students.
The low undergrad student loan default rate of 3.6% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Read more about Insurance at Ohio State
Northwood University did quite well in the 2023 Best Value Insurance Schools in the Great Lakes Region ranking, coming in at #15. Midland, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s insurance degrees to 6 students in 2020-2021.
Northwood not only placed well in this ranking. It is also #14 on our “Best Insurance Schools in the Great Lakes Region” list. It costs about $21,257 for great lakes region insurance students per year to attend Northwood.
The school has an impressive undergrad student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Full Northwood University Insurance Report
With a ranking of #16, Ohio Dominican University did quite well on the 2023 Best Value Insurance Schools in the Great Lakes Region list. ODU is a private not-for-profit institution located in Columbus, Ohio. The school has a small population, and it awarded 5 ’s degrees in 2020-2021.
In addition to being on our great lakes region insurance students list, ODU has also earned the #11 rank in our “Best Insurance Schools in the Great Lakes Region” ranking. It costs about $19,467 for Great Lakes Region Insurance students per year to attend ODU.
The low undergrad student loan default rate of 4.8% 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%.
Full Ohio Dominican University Insurance Report
Kent State University at Salem did quite well in the 2023 Best Value Insurance Schools in the Great Lakes Region ranking, coming in at #17. This small school is located in Salem, Ohio, and it awarded 7 ’s insurance degrees in 2020-2021.
Kent State University at Salem not only placed well in this ranking. It is also #19 on our “Best Insurance Schools in the Great Lakes Region” list. The yearly cost to attend Kent State University at Salem is $8,349 for Great Lakes Region Insurance students.
Read more about Insurance at Kent State University at Salem
University of Mount Union came in at #18 in this year’s edition of the Best Value Insurance Schools in the Great Lakes Region ranking. This small school is located in Alliance, Ohio, and it awarded 1 ’s insurance degrees in 2020-2021.
Mount Union not only placed well in this ranking. It is also #13 on our “Best Insurance Schools in the Great Lakes Region” list. The yearly cost to attend University of Mount Union is $23,826 for Great Lakes Region Insurance students.
The low undergrad student loan default rate of 3.1% 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 Mount Union
University of Saint Francis - Fort Wayne did quite well in the 2023 Best Value Insurance Schools in the Great Lakes Region ranking, coming in at #19. University of St. Francis Fort Wayne is a small private not-for-profit school situated in Fort Wayne, Indiana. It awarded 4 ’s insurance degrees in 2020-2021.
University of St. Francis Fort Wayne also made our “Best Insurance Schools in the Great Lakes Region” list, coming in at #17. It costs about $18,389 for Great Lakes Region Insurance students per year to attend University of St. Francis Fort Wayne.
The low undergrad 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 more about Insurance at University of Saint Francis - Fort Wayne
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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
- *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
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