by our College Data Analytics Team
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Schools Highly Focused on Insurance Major in Michigan” ranking as one item you can use to help make this decision.
In 2021-2022, 1,737 people earned their degree in insurance, making the major the 201st most popular in the United States. In , insurance graduates who were awarded their degree in , earned an average of $57,764 and had an average of $21,443 in loans still to pay off.
Across Michigan, there were 46 insurance graduates with average earnings and debt of $46,626 and $24,375 respectively.
For this year’s “Schools Highly Focused on Insurance Major in Michigan” ranking, we looked at 5 colleges that offer a degree in insurance. That schools that top this list have a program in insurance in which the largest percentage of students at the school are enrolled.
For more information, check out our ranking methodology.
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 “Schools Highly Focused on Insurance Major in Michigan” list to help you make the college decision.
We’ve created a tool called College Combat that lets you create your own customized comparisons 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.
The colleges and universities below are the best for michigan insurance students.
Out of the 5 schools in the Schools Highly Focused on Insurance Major in Michigan that were part of this year’s ranking, Olivet College landed the #1 spot on the list. Olivet College is a small private not-for-profit school situated in Olivet, Michigan. It awarded 29 ’s insurance degrees in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Northwood University. It ranked #2 on our 2023 Schools Highly Focused on Insurance Major in Michigan list. Northwood is a private not-for-profit institution located in Midland, Michigan. The school has a small population, and it awarded 5 ’s degrees in 2021-2022.
The undergraduate student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 85%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Lansing Community College. The school came in at #3 for the Schools Highly Focused on Insurance Major in Michigan. LCC is located in Lansing, Michigan and, has a medium-sized student population. In 2021-2022, this school awarded 4 ’s insurance degrees to qualified students.
The low undergrad student loan default rate of 2.4% 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%.
You’ll be in good company if you decide to attend Ferris State University. It ranked #4 on our 2023 Schools Highly Focused on Insurance Major in Michigan list. Ferris is a public institution located in Big Rapids, Michigan. The school has a fairly large population, and it awarded 8 ’s degrees in 2021-2022.
The undergrad student loan default rate at the school is 1.6%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Northern Michigan University. The school came in at #5 for the Schools Highly Focused on Insurance Major in Michigan. Located in Marquette, Michigan, this medium-sized public school handed out 0 degrees to qualified ’s insurance students in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 1.8%, which is much lower than the national rate of 10.1%.
Read more about our data sources and methodologies