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

9 Ranked Colleges
101 Degrees Awarded
$14,100 Avg Net Price*
Best Value Actuarial Science Schools for a Bachelor's in Michigan For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. 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 Michigan For Those Making $30-$48k” ranking is part of that endeavor.

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. At the bachelor’s degree level specifically, there were 101 actuarial science graduates with average earnings and debt of $40,161 and $25,915 respectively.

This year’s “Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Making $30-$48k” ranking analyzed 9 colleges that offered 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. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Making $30-$48k

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

Top 9 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $30-$48k) in Michigan

#1

Oakland University

Rochester Hills, Michigan
#5 in overall quality

You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #1 for the Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Making $30-$48k. This fairly large school is located in Rochester Hills, Michigan, and it awarded 9 bachelors’s actuarial science degrees in 2019-2020.

Oakland also took the #5 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Oakland University is $7,751 for michigan bachelor’s degree actuarial science students whose families make $30-$48k.

Read more about Actuarial Science at Oakland

#2

Ferris State University

Big Rapids, Michigan
#4 in overall quality

Out of the 9 schools in the Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Ferris State University landed the #2 spot on the list. Ferris is a fairly large public school situated in Big Rapids, Michigan. It awarded 7 bachelors’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 Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Ferris is $10,521 for michigan bachelor’s degree actuarial science students whose families make $30-$48k.

Read full report on Actuarial Science at Ferris State University

#3

Michigan State University

East Lansing, Michigan
#1 in overall quality

You’ll be in good company if you decide to attend Michigan State University. It ranked #3 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Michigan State 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.

As a testament to the quality of education offered at Michigan State, the school also landed the #1 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Michigan State is $15,197 for michigan bachelor’s degree actuarial science students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.

Read more about Actuarial Science at Michigan State University

#8 in overall quality

You’ll be in good company if you decide to attend University of Michigan - Flint. It ranked #4 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. University of Michigan - Flint is located in Flint, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 7 bachelors’s actuarial science degrees to qualified students.

UM Flint also made our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” list, coming in at #8. The estimated yearly cost for University of Michigan - Flint is $9,512 for michigan bachelor’s degree actuarial science students whose families make $30-$48k.

Read more about Actuarial Science at UM Flint

#5

Central Michigan University

Mount Pleasant, Michigan
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend Central Michigan University. The school came in at #5 for the Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Making $30-$48k. Central Michigan University is located in Mount Pleasant, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 28 bachelors’s actuarial science degrees to qualified students.

Central Michigan not only placed well in this ranking. It is also #3 on our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Central Michigan is $12,127 for michigan bachelor’s degree actuarial science students whose families make $30-$48k.

Read full report on Actuarial Science at Central Michigan

#6

Eastern Michigan University

Ypsilanti, Michigan
#9 in overall quality

Eastern Michigan University ranked #6 on this year’s Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. This fairly large school is located in Ypsilanti, Michigan, and it awarded 5 bachelors’s actuarial science degrees in 2019-2020.

In addition to being on our michigan bachelor’s degree actuarial science students whose families make $30-$48k list, Eastern Michigan has also earned the #9 rank in our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Eastern Michigan University is $14,136 for michigan bachelor’s degree actuarial science students whose families make $30-$48k.

Read full report on Actuarial Science at Eastern Michigan University

#7

Calvin University

Grand Rapids, Michigan
#2 in overall quality

Calvin University ranked #7 on this year’s Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. This small school is located in Grand Rapids, Michigan, and it awarded 4 bachelors’s actuarial science degrees in 2019-2020.

As a testament to the quality of education offered at Calvin, the school also landed the #2 spot in our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Calvin University is $21,920 for Michigan Bachelor’s Degree Actuarial Science students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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%.

Read full report on Actuarial Science at Calvin

#8

Spring Arbor University

Spring Arbor, Michigan
#6 in overall quality

With a ranking of #8, Spring Arbor University did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. This small school is located in Spring Arbor, Michigan, and it awarded 2 bachelors’s actuarial science degrees in 2019-2020.

Spring Arbor did well in our major quality rankings, too. It placed #6 on our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Spring Arbor is $16,448 for michigan bachelor’s degree actuarial science students whose families make $30-$48k.

Read full report on Actuarial Science at Spring Arbor University

#9

Olivet College

Olivet, Michigan
#7 in overall quality

Olivet College came in at #9 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Located in Olivet, Michigan, this small private not-for-profit school awarded 9 diplomas to qualified bachelors’s actuarial science students in 2019-2020.

Olivet did well in our major quality rankings, too. It placed #7 on our “Best Actuarial Science Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Olivet College is $19,429 for michigan bachelor’s degree actuarial science students whose families make $30-$48k.

Full Olivet 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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