2022 Best Value Master’s Degree Colleges for Insurance in the Great Lakes Region

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Insurance Schools for a Master’s in the Great Lakes Region” 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 the Great Lakes region, there were 397 insurance graduates with average earnings and debt of $55,167 and $22,167 respectively. At the master’s degree level specifically, there were 17 insurance graduates with average earnings and debt of $57,039 and $42,488 respectively.

Not only do the schools that top this list have excellent insurance programs, but they also cost less that 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.

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 Master’s in the Great Lakes Region” ranking, along with many other major-related rankings, to help you make that decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Insurance Schools for a Master’s in the Great Lakes Region

The colleges and universities below are the best for great lakes region master’s degree insurance students.

Top 1 Best Value Master’s Degree Colleges for Insurance in the Great Lakes Region

#1

Olivet College

Olivet, Michigan

#1 in overall quality

$21,464 Average Net Price

You’ll be in good company if you decide to attend Olivet College. It ranked #1 on our 2022 Best Value Insurance Schools for a Master’s in the Great Lakes Region list. Olivet is a private not-for-profit institution located in Olivet, Michigan. The school has a small population, and it awarded 13 masters’s degrees in 2019-2020.

Olivet also made our “Best Insurance Master’s Degree Schools in the Great Lakes Region” list, coming in at #1.

Read full report on Insurance at Olivet

• Best Value Master’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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