2022 Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” 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 the Great Lakes region, there were 647 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 40 actuarial science graduates with average earnings and debt of $57,039 and $42,488 respectively.

This year’s “Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” ranking looked at 5 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.

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

The actuarial science school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k”.

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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k

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

Top 5 Best Value Master’s Degree Colleges for Actuarial Science (Income $30-$48k) in the Great Lakes Region

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#1 in overall quality

$30,083 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #1 for the Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k. University of Illinois at Urbana-Champaign is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 24 masters’s degrees in 2019-2020.

UIUC also made our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” list, coming in at #1. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but you may pay more or less depending on your major.

Read more about Actuarial Science at UIUC

#2

Ohio State University - Main Campus

Columbus, Ohio

#2 in overall quality

$37,141 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #2 on our 2022 Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Ohio State University - Main Campus is a large school located in Columbus, Ohio that handed out 8 masters’s actuarial science degrees in 2019-2020.

Ohio State also made our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” list, coming in at #2. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Ohio State are $37,141.

Full Ohio State University - Main Campus Actuarial Science Report

#3

Ball State University

Muncie, Indiana

#4 in overall quality

$26,204 Avg Grad Tuition & Fees

Out of the 5 schools in the Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Ball State University landed the #3 spot on the list. This large school is located in Muncie, Indiana, and it awarded 4 masters’s actuarial science degrees in 2019-2020.

Ball State did well in our major quality rankings, too. It placed #4 on our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Ball State University are $26,204.

Read full report on Actuarial Science at Ball State

#4

Roosevelt University

Chicago, Illinois

$21,605 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Roosevelt University. It ranked #4 on our 2022 Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Roosevelt University is a small school located in Chicago, Illinois that handed out 1 masters’s actuarial science degrees in 2019-2020.

Roosevelt also took the #0 spot in our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Roosevelt are $21,605, but you may pay more or less depending on your major.

Read full report on Actuarial Science at Roosevelt University

#5

DePaul University

Chicago, Illinois

#3 in overall quality

$19,760 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend DePaul University. The school came in at #5 for the Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k. DePaul University is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 3 masters’s degrees in 2019-2020.

DePaul also made our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” list, coming in at #3. Average graduate tuition and fees at DePaul are $19,760, but some majors have different tuition rates.

Full DePaul Actuarial Science Report

• Best Value Master’s Degree Colleges for Actuarial Science (Income $30-$48k)

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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