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2022 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k) in Illinois

8 Ranked Colleges
164 Degrees Awarded
$16,200 Avg Net Price*
Best Value Actuarial Science Schools for a Bachelor's in Illinois For Those Making $0-$30k

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking is part of that endeavor.

Actuarial Science is the 274th most popular major in the country with 2,065 degrees awarded in 2019-2020.

Across Illinois, there were 192 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 164 actuarial science graduates with average earnings and debt of $38,319 and $24,183 respectively.

For this year’s “Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Making $0-$30k” ranking, we looked at 8 colleges that offer a degree in actuarial science. Not only do the schools that top this list have excellent actuarial science 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 actuarial science program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Making $0-$30k” list, to help you choose the best school for you.

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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Making $0-$30k

The colleges and universities below are the best for illinois bachelor’s degree actuarial science students whose families make $0-$30k.

Top 8 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $0-$30k) in Illinois

#1 in overall quality

Out of the 8 schools in the Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. This large school is located in Champaign, Illinois, and it awarded 110 bachelors’s actuarial science degrees in 2019-2020.

UIUC also took the #1 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for University of Illinois at Urbana-Champaign is $5,477 for Illinois Bachelor’s Degree Actuarial Science students whose families make $0-$30k.

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%. 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 full report on Actuarial Science at University of Illinois at Urbana-Champaign

#2

Aurora University

Aurora, Illinois
#5 in overall quality

You’ll be in good company if you decide to attend Aurora University. It ranked #2 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Aurora is located in Aurora, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 6 bachelors’s actuarial science degrees to qualified students.

As a testament to the quality of education offered at Aurora, the school also landed the #5 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” ranking. It costs about $14,103 for Illinois Bachelor’s Degree Actuarial Science students whose families make $0-$30k per year to attend Aurora.

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%.

Read full report on Actuarial Science at Aurora University

#3

Illinois College

Jacksonville, Illinois
#7 in overall quality

You’ll be in good company if you decide to attend Illinois College. It ranked #3 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Making $0-$30k list. Located in Jacksonville, Illinois, this small private not-for-profit school awarded 1 degrees to qualified bachelors’s actuarial science students in 2019-2020.

Illinois College also made our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” list, coming in at #7. The yearly cost to attend Illinois College is $11,376 for illinois bachelor’s degree actuarial science students whose families make $0-$30k.

Read more about Actuarial Science at Illinois College

#4

Bradley University

Peoria, Illinois
#2 in overall quality

You’ll join some of the best and brightest minds around if you attend Bradley University. The school came in at #4 for the Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Making $0-$30k. This medium-sized school is located in Peoria, Illinois, and it awarded 3 bachelors’s actuarial science degrees in 2019-2020.

Bradley did well in our major quality rankings, too. It placed #2 on our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Bradley is $17,205 for illinois bachelor’s degree actuarial science students whose families make $0-$30k.

The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.

Read more about Actuarial Science at Bradley

#5

Olivet Nazarene University

Bourbonnais, Illinois
#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Olivet Nazarene University. The school came in at #5 for the Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Making $0-$30k. Bourbonnais, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 8 students in 2019-2020.

Olivet Nazarene also made our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” list, coming in at #6. The estimated yearly cost for Olivet Nazarene is $15,806 for illinois bachelor’s degree actuarial science students whose families make $0-$30k.

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%.

Full Olivet Nazarene University Actuarial Science Report

#6

North Central College

Naperville, Illinois
#4 in overall quality

North Central College came in at #6 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking. Located in Naperville, Illinois, this small private not-for-profit school handed out 17 degrees to qualified bachelors’s actuarial science students in 2019-2020.

North Central not only placed well in this ranking. It is also #4 on our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for North Central College is $18,889 for illinois bachelor’s degree actuarial science students whose families make $0-$30k.

The student loan default rate at the school is 3.9%, which is quite low when compared to the national default rate of 10.1%.

Read more about Actuarial Science at North Central College

#7

Roosevelt University

Chicago, Illinois
#8 in overall quality

Roosevelt University did quite well in the 2022 Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #7. Located in Chicago, Illinois, this small private not-for-profit school handed out 5 degrees to qualified bachelors’s actuarial science students in 2019-2020.

In addition to being on our illinois bachelor’s degree actuarial science students whose families make $0-$30k list, Roosevelt has also earned the #8 rank in our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Roosevelt is $20,398 for illinois bachelor’s degree actuarial science students whose families make $0-$30k.

Full Roosevelt University Actuarial Science Report

#8

DePaul University

Chicago, Illinois
#3 in overall quality

DePaul University did quite well in the 2022 Best Value Actuarial Science Schools for a Bachelor’s in Illinois For Those Making $0-$30k ranking, coming in at #8. DePaul is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 14 bachelors’s degrees in 2019-2020.

DePaul also made our “Best Actuarial Science Bachelor’s Degree Schools in Illinois” list, coming in at #3. The yearly cost to attend DePaul University is $26,173 for illinois bachelor’s degree actuarial science students whose families make $0-$30k.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Full DePaul Actuarial Science Report

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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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