2022 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k)
When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k” ranking - to help you make that decision.
In 2019-2020, 2,065 people earned their degree in actuarial science, making the major the 274th most popular in the United States.
At the bachelor’s degree level specifically, there were 1,585 actuarial science graduates with average earnings and debt of $38,303 and $24,501 respectively.
This year’s “Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k” ranking looked at 97 colleges that offer degrees in a bachelor’s in actuarial science. The schools that top this list are recognized because they have great actuarial science programs and cost less that schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the actuarial science program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k
The colleges and universities below are the best for bachelor’s degree actuarial science students whose families make $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k)
You’ll join some of the best and brightest minds around if you attend University of Pennsylvania. The school came in at #1 for the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k. UPenn is a private not-for-profit institution located in Philadelphia, Pennsylvania. The school has a large population, and it awarded 4 bachelors’s degrees in 2019-2020.
UPenn did well in our major quality rankings, too. It placed #1 on our “Best Actuarial Science Bachelor’s Degree Schools” list. The yearly cost to attend UPenn is $3,181 for bachelor’s degree actuarial science students whose families make $0-$30k.
The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The low student loan default rate of 1.4% 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 join some of the best and brightest minds around if you attend University of Wisconsin - Madison. The school came in at #2 for the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k. Madison, Wisconsin is the setting for this large institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 70 students in 2019-2020.
In addition to being on our bachelor’s degree actuarial science students whose families make $0-$30k list, UW - Madison has also earned the #4 rank in our “Best Actuarial Science Bachelor’s Degree Schools” ranking. It costs about $4,367 for bachelor’s degree actuarial science students whose families make $0-$30k per year to attend University of Wisconsin - Madison.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #3 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k list. UIUC is a large school located in Champaign, Illinois that handed out 110 bachelors’s actuarial science degrees in 2019-2020.
UIUC not only placed well in this ranking. It is also #6 on our “Best Actuarial Science Bachelor’s Degree Schools” list. The yearly cost to attend University of Illinois at Urbana-Champaign is $5,477 for Bachelor’s Degree Actuarial Science students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.
Read full report on Actuarial Science at University of Illinois at Urbana-Champaign
You’ll be in good company if you decide to attend Baruch College. It ranked #4 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k list. Baruch is a fairly large public school situated in New York, New York. It awarded 48 bachelors’s actuarial science degrees in 2019-2020.
The yearly cost to attend Baruch is $1,858 for bachelor’s degree actuarial science students whose families make $0-$30k.
The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Out of the 97 schools in the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k that were part of this year’s ranking, Purdue University - Main Campus landed the #5 spot on the list. Purdue University - Main Campus is a large school located in West Lafayette, Indiana that handed out 63 bachelors’s actuarial science degrees in 2019-2020.
As a testament to the quality of education offered at Purdue, the school also landed the #8 spot in our “Best Actuarial Science Bachelor’s Degree Schools” ranking. The estimated yearly cost for Purdue University - Main Campus is $5,483 for bachelor’s degree actuarial science students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The low student loan default rate of 2.2% 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%.
Full Purdue University - Main Campus Actuarial Science Report
Florida State University landed the #6 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking. Tallahassee, Florida is the setting for this large institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 48 students in 2019-2020.
Florida State also took the #21 spot in our “Best Actuarial Science Bachelor’s Degree Schools” ranking. The estimated yearly cost for Florida State is $5,360 for bachelor’s degree actuarial science students whose families make $0-$30k.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%.
Ohio State University - Main Campus came in at #7 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking. Ohio State is a large school located in Columbus, Ohio that handed out 81 bachelors’s actuarial science degrees in 2019-2020.
In addition to being on our bachelor’s degree actuarial science students whose families make $0-$30k list, Ohio State has also earned the #15 rank in our “Best Actuarial Science Bachelor’s Degree Schools” ranking. The yearly cost to attend Ohio State University - Main Campus is $8,194 for Bachelor’s Degree Actuarial Science students whose families make $0-$30k.
The low 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%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Read more about Actuarial Science at Ohio State University - Main Campus
With a ranking of #8, Michigan State University did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k list. Michigan State University is a public institution located in East Lansing, Michigan. The school has a large population, and it awarded 30 bachelors’s degrees in 2019-2020.
Michigan State did well in our major quality rankings, too. It placed #20 on our “Best Actuarial Science Bachelor’s Degree Schools” list. The estimated yearly cost for Michigan State University is $6,686 for Bachelor’s Degree Actuarial Science students whose families make $0-$30k.
The low 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%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.
Queens College landed the #9 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking. QC is a fairly large public school situated in Queens, New York. It awarded 2 bachelors’s actuarial science degrees in 2019-2020.
The yearly cost to attend Queens College is $1,255 for Bachelor’s Degree Actuarial Science students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
University of Central Florida landed the #10 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking. UCF is a large public school situated in Orlando, Florida. It awarded 9 bachelors’s actuarial science degrees in 2019-2020.
The yearly cost to attend University of Central Florida is $6,211 for Bachelor’s Degree Actuarial Science students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year.
Read more about Actuarial Science at University of Central Florida
Brigham Young University - Provo landed the #11 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking. BYU is a private not-for-profit institution located in Provo, Utah. The school has a large population, and it awarded 19 bachelors’s degrees in 2019-2020.
BYU did well in our major quality rankings, too. It placed #16 on our “Best Actuarial Science Bachelor’s Degree Schools” list. The yearly cost to attend Brigham Young University - Provo is $8,834 for Bachelor’s Degree Actuarial Science students whose families make $0-$30k.
The student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 92%.
Read full report on Actuarial Science at Brigham Young University - Provo
Arizona State University - Tempe did quite well in the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #12. ASU - Tempe is a large school located in Tempe, Arizona that handed out 10 bachelors’s actuarial science degrees in 2019-2020.
ASU - Tempe did well in our major quality rankings, too. It placed #22 on our “Best Actuarial Science Bachelor’s Degree Schools” list. It costs about $7,044 for bachelor’s degree actuarial science students whose families make $0-$30k per year to attend ASU - Tempe.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Appalachian State University ranked #13 on this year’s Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k list. Appalachian State is a large school located in Boone, North Carolina that handed out 21 bachelors’s actuarial science degrees in 2019-2020.
It costs about $7,169 for Bachelor’s Degree Actuarial Science students whose families make $0-$30k per year to attend Appalachian State.
The low student loan default rate of 3.9% 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%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Read full report on Actuarial Science at Appalachian State University
Indiana University - Northwest landed the #14 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking. This small school is located in Gary, Indiana, and it awarded 4 bachelors’s actuarial science degrees in 2019-2020.
The estimated yearly cost for IU Northwest is $3,287 for Bachelor’s Degree Actuarial Science students whose families make $0-$30k.
University of California - Santa Barbara landed the #15 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking. Located in Santa Barbara, California, this large public school awarded 79 degrees to qualified bachelors’s actuarial science students in 2019-2020.
UCSB not only placed well in this ranking. It is also #18 on our “Best Actuarial Science Bachelor’s Degree Schools” list. It costs about $10,316 for bachelor’s degree actuarial science students whose families make $0-$30k per year to attend UCSB.
The low student loan default rate of 1.5% 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%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.
Read full report on Actuarial Science at University of California - Santa Barbara
University of Nebraska - Lincoln landed the #15 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking. University of Nebraska - Lincoln is located in Lincoln, Nebraska and, has a large student population. In 2019-2020, this school awarded 67 bachelors’s actuarial science degrees to qualified students.
UNL not only placed well in this ranking. It is also #13 on our “Best Actuarial Science Bachelor’s Degree Schools” list. The yearly cost to attend UNL is $12,216 for Bachelor’s Degree Actuarial Science students whose families make $0-$30k.
The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The low 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%.
The University of Texas at San Antonio did quite well in the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #17. Located in San Antonio, Texas, this large public school handed out 10 degrees to qualified bachelors’s actuarial science students in 2019-2020.
The estimated yearly cost for UTSA is $10,516 for Bachelor’s Degree Actuarial Science students whose families make $0-$30k.
Ferris State University ranked #18 on this year’s Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k list. Located in Big Rapids, Michigan, this fairly large public school handed out 7 degrees to qualified bachelors’s actuarial science students in 2019-2020.
The estimated yearly cost for Ferris is $7,207 for bachelor’s degree actuarial science students whose families make $0-$30k.
Carnegie Mellon University ranked #19 on this year’s Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k list. Pittsburgh, Pennsylvania is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 3 students in 2019-2020.
In addition to being on our bachelor’s degree actuarial science students whose families make $0-$30k list, Carnegie Mellon has also earned the #3 rank in our “Best Actuarial Science Bachelor’s Degree Schools” ranking. The estimated yearly cost for Carnegie Mellon is $12,542 for bachelor’s degree actuarial science students whose families make $0-$30k.
With a freshman retention rate of 96%, the school does an excellent job of retaining its students. The low student loan default rate of 0.6% 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%. Since the school has a student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read full report on Actuarial Science at Carnegie Mellon University
With a ranking of #20, University of Iowa did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k list. Iowa City, Iowa is the setting for this large institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 26 students in 2019-2020.
Iowa also took the #9 spot in our “Best Actuarial Science Bachelor’s Degree Schools” ranking. It costs about $12,975 for bachelor’s degree actuarial science students whose families make $0-$30k per year to attend Iowa.
The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year. The low student loan default rate of 3.5% 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%.
Ball State University landed the #21 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking. Ball State University is a public institution located in Muncie, Indiana. The school has a large population, and it awarded 13 bachelors’s degrees in 2019-2020.
It costs about $8,403 for bachelor’s degree actuarial science students whose families make $0-$30k per year to attend Ball State.
Read full report on Actuarial Science at Ball State University
University of Wisconsin - Eau Claire landed the #22 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking. University of Wisconsin - Eau Claire is a fairly large public school situated in Eau Claire, Wisconsin. It awarded 3 bachelors’s actuarial science degrees in 2019-2020.
The yearly cost to attend UW - Eau Claire is $11,528 for bachelor’s degree actuarial science students whose families make $0-$30k.
University of Delaware came in at #23 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking. University of Delaware is a large school located in Newark, Delaware that handed out 25 bachelors’s actuarial science degrees in 2019-2020.
UD not only placed well in this ranking. It is also #10 on our “Best Actuarial Science Bachelor’s Degree Schools” list. It costs about $11,487 for bachelor’s degree actuarial science students whose families make $0-$30k per year to attend University of Delaware.
The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The low 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%.
Read full report on Actuarial Science at University of Delaware
With a ranking of #24, The University of Texas at Dallas did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k list. UT Dallas is a large public school situated in Richardson, Texas. It awarded 38 bachelors’s actuarial science degrees in 2019-2020.
The estimated yearly cost for The University of Texas at Dallas is $10,857 for Bachelor’s Degree Actuarial Science students whose families make $0-$30k.
The low student loan default rate of 4.9% 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%. With a freshman retention rate of 90%, the school does an excellent job of retaining its students.
University of Connecticut came in at #25 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $0-$30k ranking. This large school is located in Storrs, Connecticut, and it awarded 85 bachelors’s actuarial science degrees in 2019-2020.
As a testament to the quality of education offered at UCONN, the school also landed the #11 spot in our “Best Actuarial Science Bachelor’s Degree Schools” ranking. It costs about $12,381 for bachelor’s degree actuarial science students whose families make $0-$30k per year to attend University of Connecticut.
The student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
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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
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.
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