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2022 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $30-$48k) in Indiana

8 Ranked Colleges
118 Degrees Awarded
$12,300 Avg Net Price*
Best Value Actuarial Science Schools for a Bachelor's in Indiana For Those Making $30-$48k

When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $30-$48k” ranking.

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

Across Indiana, there were 122 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 118 actuarial science graduates with average earnings and debt of $39,620 and $24,786 respectively.

For this year’s “Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $30-$48k” ranking, we looked at 8 colleges that offer a degree 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.

One Size Does Not Fit All

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 “Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $30-$48k” list to help you make the college 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. 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 Indiana For Those Making $30-$48k

The colleges and universities below are the best for indiana bachelor’s degree actuarial science students whose families make $30-$48k.

Top 8 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $30-$48k) in Indiana

#1

Purdue University - Main Campus

West Lafayette, Indiana
#1 in overall quality

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #1 for the Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $30-$48k. Purdue University - Main Campus is a large public school situated in West Lafayette, Indiana. It awarded 63 bachelors’s actuarial science degrees in 2019-2020.

Purdue not only placed well in this ranking. It is also #1 on our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” list. It costs about $5,879 for Indiana Bachelor’s Degree Actuarial Science students whose families make $30-$48k per year to attend Purdue.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.

Full Purdue University - Main Campus Actuarial Science Report

#8 in overall quality

Out of the 8 schools in the Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $30-$48k that were part of this year’s ranking, Indiana University - Northwest landed the #2 spot on the list. Gary, Indiana is the setting for this small institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 4 students in 2019-2020.

IU Northwest also made our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” list, coming in at #8. It costs about $4,960 for Indiana Bachelor’s Degree Actuarial Science students whose families make $30-$48k per year to attend Indiana University - Northwest.

Read full report on Actuarial Science at IU Northwest

#3

Indiana University - South Bend

South Bend, Indiana
#7 in overall quality

Out of the 8 schools in the Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $30-$48k that were part of this year’s ranking, Indiana University - South Bend landed the #3 spot on the list. Located in South Bend, Indiana, this small public school handed out 2 degrees to qualified bachelors’s actuarial science students in 2019-2020.

In addition to being on our indiana bachelor’s degree actuarial science students whose families make $30-$48k list, Indiana University - South Bend has also earned the #7 rank in our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” ranking. It costs about $5,057 for indiana bachelor’s degree actuarial science students whose families make $30-$48k per year to attend Indiana University - South Bend.

Read more about Actuarial Science at Indiana University - South Bend

#4

Ball State University

Muncie, Indiana
#4 in overall quality

Out of the 8 schools in the Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $30-$48k that were part of this year’s ranking, Ball State University landed the #4 spot on the list. Located in Muncie, Indiana, this large public school awarded 13 degrees to qualified bachelors’s actuarial science students in 2019-2020.

As a testament to the quality of education offered at Ball State, the school also landed the #4 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Ball State is $10,487 for Indiana Bachelor’s Degree Actuarial Science students whose families make $30-$48k.

Full Ball State Actuarial Science Report

#5

Purdue University Fort Wayne

Fort Wayne, Indiana
#6 in overall quality

You’ll be in good company if you decide to attend Purdue University Fort Wayne. It ranked #5 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. Located in Fort Wayne, Indiana, this medium-sized public school awarded 5 degrees to qualified bachelors’s actuarial science students in 2019-2020.

PFW also made our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” list, coming in at #6. It costs about $7,686 for indiana bachelor’s degree actuarial science students whose families make $30-$48k per year to attend PFW.

Read full report on Actuarial Science at Purdue University Fort Wayne

#6

Valparaiso University

Valparaiso, Indiana
#3 in overall quality

Valparaiso University ranked #6 on this year’s Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. Valparaiso, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 9 students in 2019-2020.

Valpo not only placed well in this ranking. It is also #3 on our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend Valpo is $14,913 for Indiana Bachelor’s Degree Actuarial Science students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%.

Read full report on Actuarial Science at Valparaiso University

#7

University of Evansville

Evansville, Indiana
#5 in overall quality

University of Evansville ranked #7 on this year’s Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. University of Evansville is a private not-for-profit institution located in Evansville, Indiana. The school has a small population, and it awarded 4 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at UE, the school also landed the #5 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for UE is $16,370 for indiana bachelor’s degree actuarial science students whose families make $30-$48k.

The low student loan default rate of 3.3% 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 impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.

Read full report on Actuarial Science at University of Evansville

#8

Butler University

Indianapolis, Indiana
#2 in overall quality

Butler University did quite well in the 2022 Best Value Actuarial Science Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking, coming in at #8. Indianapolis, Indiana is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 15 students in 2019-2020.

Butler did well in our major quality rankings, too. It placed #2 on our “Best Actuarial Science Bachelor’s Degree Schools in Indiana” list. It costs about $32,661 for indiana bachelor’s degree actuarial science students whose families make $30-$48k per year to attend Butler.

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 86%, which means students like the school well enough to return for a second year.

Read full report on Actuarial Science at Butler University

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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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