2022 Best Value Master’s Degree Colleges for Insurance in Michigan

When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Insurance Schools for a Master’s in Michigan” ranking is one tool we have developed to help in this regard.

In 2019-2020, 1,811 people earned their degree in insurance, making the major the 206th most popular in the United States. 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 master’s degree level specifically, there were 13 insurance graduates with average earnings and debt of $58,608 and $41,198 respectively.

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. Check out our ranking methodology for more information.

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 Michigan” ranking, along with many other major-related rankings, to help you make that 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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Insurance Schools for a Master’s in Michigan

The following schools top our list of the Best Best Value Insurance Schools for a Master’s in Michigan.

Top 1 Best Value Master’s Degree Colleges for Insurance in Michigan

#1

Olivet College

Olivet, Michigan

#1 in overall quality

$21,464 Average Net Price

Out of the 1 schools in the Best Value Insurance Schools for a Master’s in Michigan that were part of this year’s ranking, Olivet College landed the #1 spot on the list. This small school is located in Olivet, Michigan, and it awarded 13 masters’s insurance degrees in 2019-2020.

Olivet not only placed well in this ranking. It is also #1 on our “Best Insurance Master’s Degree Schools in Michigan” list.

Read full report on Insurance at Olivet

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