2027 Best Value Insurance Schools in Illinois

[Insurance](/majors/business-management-marketing-sales/insurance/) degree programs vary widely in price and payoff across the country. The best values balance affordable tuition against strong post-graduation earnings.
For its 2027 best-value ranking, College Factual looked at 2 schools to find the best return on investment for insurance students.
What’s on this page:
2027 Best Value Insurance Schools in Illinois
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 Harper College, our #1 best value for insurance in Illinois. Harper College is a very large public school located in the suburb of Palatine. Expect in-state tuition and fees of around $3,894, while out-of-state students pay about $11,874. Insurance graduates carry a median of $10,963 in student loans. Early-career insurance graduates make about $44,523. Weighed against typical debt, the earnings make a compelling case for value.
Illinois State University came in at #2 on our 2027 list of the best value insurance schools. Located in the suburb of Normal, Illinois State University is a very large public university. Expect in-state tuition and fees of around $14,410, while out-of-state students pay about $26,058. Insurance graduates carry a median of $19,500 in student loans. Early-career insurance graduates make about $51,499. Set against $19,500 in median debt, that is a healthy payoff. Roughly 88% of applicants are accepted.
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Notes and References
The ranking above is published 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 · 2 schools evaluated.
*Averages shown above reflect the top 2 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.