2022 Best Value Colleges for Actuarial Science (Income $0-$30k) in Michigan
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 “Best Value Actuarial Science Schools in Michigan For Those Making $0-$30k” ranking as one item you can use to help make this decision.
In 2019-2020, 2,065 people earned their degree in actuarial science, making the major the 274th most popular in the United States.
Across Michigan, there were 102 actuarial science graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value Actuarial Science Schools in Michigan For Those Making $0-$30k” ranking looked at 9 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.
When determining these rankings, we looked at things such as overall quality of the actuarial science program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.
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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 in Michigan 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. 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 Actuarial Science Schools in Michigan For Those Making $0-$30k
The colleges and universities below are the best for michigan actuarial science students whose families make $0-$30k.
Top 9 Best Value Colleges for Actuarial Science (Income $0-$30k) in Michigan
You’ll be in good company if you decide to attend Michigan State University. It ranked #1 on our 2022 Best Value Actuarial Science Schools in Michigan For Those Making $0-$30k list. Michigan State is located in East Lansing, Michigan and, has a large student population. In 2019-2020, this school awarded 30 ’s actuarial science degrees to qualified students.
Michigan State also took the #1 spot in our “Best Actuarial Science Schools in Michigan” ranking. The estimated yearly cost for Michigan State is $6,686 for michigan actuarial science students whose families make $0-$30k.
The student loan default rate at the school is 3.6%, 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 91%.
You’ll join some of the best and brightest minds around if you attend Ferris State University. The school came in at #2 for the Best Value Actuarial Science Schools in Michigan For Those Making $0-$30k. This fairly large school is located in Big Rapids, Michigan, and it awarded 7 ’s actuarial science degrees in 2019-2020.
As a testament to the quality of education offered at Ferris, the school also landed the #4 spot in our “Best Actuarial Science Schools in Michigan” ranking. The estimated yearly cost for Ferris is $7,207 for michigan actuarial science students whose families make $0-$30k.
Read more about Actuarial Science at Ferris State University
You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #3 for the Best Value Actuarial Science Schools in Michigan For Those Making $0-$30k. Located in Rochester Hills, Michigan, this fairly large public school handed out 9 degrees to qualified ’s actuarial science students in 2019-2020.
In addition to being on our michigan actuarial science students whose families make $0-$30k list, Oakland has also earned the #5 rank in our “Best Actuarial Science Schools in Michigan” ranking. It costs about $7,490 for Michigan Actuarial Science students whose families make $0-$30k per year to attend Oakland University.
You’ll be in good company if you decide to attend Central Michigan University. It ranked #4 on our 2022 Best Value Actuarial Science Schools in Michigan For Those Making $0-$30k list. This fairly large school is located in Mount Pleasant, Michigan, and it awarded 29 ’s actuarial science degrees in 2019-2020.
Central Michigan also made our “Best Actuarial Science Schools in Michigan” list, coming in at #3. It costs about $11,598 for Michigan Actuarial Science students whose families make $0-$30k per year to attend Central Michigan.
You’ll join some of the best and brightest minds around if you attend University of Michigan - Flint. The school came in at #5 for the Best Value Actuarial Science Schools in Michigan For Those Making $0-$30k. Flint, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s actuarial science degrees to 7 students in 2019-2020.
UM Flint not only placed well in this ranking. It is also #8 on our “Best Actuarial Science Schools in Michigan” list. The estimated yearly cost for University of Michigan - Flint is $7,955 for Michigan Actuarial Science students whose families make $0-$30k.
Read more about Actuarial Science at University of Michigan - Flint
With a ranking of #6, Eastern Michigan University did quite well on the 2022 Best Value Actuarial Science Schools in Michigan For Those Making $0-$30k list. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s actuarial science degrees to 5 students in 2019-2020.
Eastern Michigan also took the #9 spot in our “Best Actuarial Science Schools in Michigan” ranking. The estimated yearly cost for Eastern Michigan is $13,904 for michigan actuarial science students whose families make $0-$30k.
Read full report on Actuarial Science at Eastern Michigan University
Spring Arbor University did quite well in the 2022 Best Value Actuarial Science Schools in Michigan For Those Making $0-$30k ranking, coming in at #7. Spring Arbor University is a private not-for-profit institution located in Spring Arbor, Michigan. The school has a small population, and it awarded 2 ’s degrees in 2019-2020.
Spring Arbor did well in our major quality rankings, too. It placed #6 on our “Best Actuarial Science Schools in Michigan” list. The estimated yearly cost for Spring Arbor is $14,962 for Michigan Actuarial Science students whose families make $0-$30k.
Calvin University landed the #8 spot on the 2022 Best Value Actuarial Science Schools in Michigan For Those Making $0-$30k ranking. Located in Grand Rapids, Michigan, this small private not-for-profit school awarded 4 degrees to qualified ’s actuarial science students in 2019-2020.
Calvin also made our “Best Actuarial Science Schools in Michigan” list, coming in at #2. The estimated yearly cost for Calvin University is $21,344 for Michigan Actuarial Science students whose families make $0-$30k.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.6% 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%.
Olivet College landed the #9 spot on the 2022 Best Value Actuarial Science Schools in Michigan For Those Making $0-$30k ranking. Olivet College is a private not-for-profit institution located in Olivet, Michigan. The school has a small population, and it awarded 9 ’s degrees in 2019-2020.
Olivet not only placed well in this ranking. It is also #7 on our “Best Actuarial Science Schools in Michigan” list. It costs about $20,867 for michigan actuarial science students whose families make $0-$30k per year to attend Olivet.
- Best Value Colleges for Actuarial Science (Income $0-$30k) in the Great Lakes Region
- Best Value Colleges for Actuarial Science (Income $0-$30k)
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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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