2022 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $48-$75k)
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 For Those Making $48-$75k” 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.
At the bachelor’s degree level specifically, there were 1,585 actuarial science graduates with average earnings and debt of $38,303 and $24,501 respectively.
This year’s “Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k” ranking looked at 97 colleges that offer degrees in a bachelor’s in actuarial science. This ranking identifies schools with high-quality actuarial science programs that also have a lower cost than 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. For more information, check out our ranking methodology.
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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 Bachelor’s For Those Making $48-$75k”.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest 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 Bachelor’s For Those Making $48-$75k
The colleges and universities below are the best for bachelor’s degree actuarial science students whose families make $48-$75k.
Top 25 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income $48-$75k)
Out of the 97 schools in the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, University of Pennsylvania landed the #1 spot on the list. Philadelphia, Pennsylvania is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 4 students in 2019-2020.
UPenn also took the #1 spot in our “Best Actuarial Science Bachelor’s Degree Schools” ranking. It costs about $12,752 for bachelor’s degree actuarial science students whose families make $48-$75k per year to attend UPenn.
The low student loan default rate of 1.4% 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%. With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.
You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #2 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k list. UW - Madison is a large school located in Madison, Wisconsin that handed out 70 bachelors’s actuarial science degrees in 2019-2020.
UW - Madison also made our “Best Actuarial Science Bachelor’s Degree Schools” list, coming in at #4. The estimated yearly cost for UW - Madison is $13,227 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k.
The low student loan default rate of 0.8% 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 school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.
Full University of Wisconsin - Madison Actuarial Science Report
Out of the 97 schools in the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, Purdue University - Main Campus landed the #3 spot on the list. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 63 students in 2019-2020.
Purdue did well in our major quality rankings, too. It placed #8 on our “Best Actuarial Science Bachelor’s Degree Schools” list. The estimated yearly cost for Purdue is $9,654 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k.
The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
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 #4 for the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k. University of Illinois at Urbana-Champaign is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 110 bachelors’s degrees in 2019-2020.
UIUC not only placed well in this ranking. It is also #6 on our “Best Actuarial Science Bachelor’s Degree Schools” list. The yearly cost to attend University of Illinois at Urbana-Champaign is $13,351 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Baruch College. The school came in at #5 for the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k. Baruch College is a public institution located in New York, New York. The school has a fairly large population, and it awarded 48 bachelors’s degrees in 2019-2020.
The yearly cost to attend Baruch College is $7,954 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%. 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%.
With a ranking of #6, Florida State University did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k list. This large school is located in Tallahassee, Florida, and it awarded 48 bachelors’s actuarial science degrees in 2019-2020.
In addition to being on our bachelor’s degree actuarial science students whose families make $48-$75k list, Florida State has also earned the #21 rank in our “Best Actuarial Science Bachelor’s Degree Schools” ranking. It costs about $10,583 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k per year to attend Florida State University.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%.
Read more about Actuarial Science at Florida State University
Brigham Young University - Provo did quite well in the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #7. This large school is located in Provo, Utah, and it awarded 19 bachelors’s actuarial science degrees in 2019-2020.
BYU did well in our major quality rankings, too. It placed #16 on our “Best Actuarial Science Bachelor’s Degree Schools” list. The yearly cost to attend BYU is $12,466 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k.
The student loan default rate at the school is 1.7%, 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 92%.
Read full report on Actuarial Science at Brigham Young University - Provo
With a ranking of #8, Ohio State University - Main Campus did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k list. Columbus, Ohio is the setting for this large institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 81 students in 2019-2020.
Ohio State also took the #15 spot in our “Best Actuarial Science Bachelor’s Degree Schools” ranking. It costs about $13,982 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k per year to attend Ohio State.
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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
University of Central Florida landed the #9 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k ranking. University of Central Florida is located in Orlando, Florida and, has a large student population. In 2019-2020, this school awarded 9 bachelors’s actuarial science degrees to qualified students.
It costs about $11,161 for bachelor’s degree actuarial science students whose families make $48-$75k per year to attend UCF.
Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The student loan default rate at the school is 4.2%, which is quite low when compared to the national default rate of 10.1%.
University of Nebraska - Lincoln came in at #10 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k ranking. University of Nebraska - Lincoln is a large school located in Lincoln, Nebraska that handed out 67 bachelors’s actuarial science degrees in 2019-2020.
UNL did well in our major quality rankings, too. It placed #13 on our “Best Actuarial Science Bachelor’s Degree Schools” list. The yearly cost to attend University of Nebraska - Lincoln is $16,197 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The student loan default rate at the school is 4.2%, which is quite low when compared to the national default rate of 10.1%.
Full University of Nebraska - Lincoln Actuarial Science Report
University of California - Santa Barbara did quite well in the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #11. University of California - Santa Barbara is a large public school situated in Santa Barbara, California. It awarded 79 bachelors’s actuarial science degrees in 2019-2020.
UCSB also made our “Best Actuarial Science Bachelor’s Degree Schools” list, coming in at #18. The yearly cost to attend University of California - Santa Barbara is $15,343 for bachelor’s degree actuarial science students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
The University of Texas at San Antonio did quite well in the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #12. This large school is located in San Antonio, Texas, and it awarded 10 bachelors’s actuarial science degrees in 2019-2020.
The estimated yearly cost for UTSA is $13,827 for bachelor’s degree actuarial science students whose families make $48-$75k.
University of Delaware ranked #13 on this year’s Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k list. Located in Newark, Delaware, this large public school handed out 25 diplomas to qualified bachelors’s actuarial science students in 2019-2020.
As a testament to the quality of education offered at UD, the school also landed the #10 spot in our “Best Actuarial Science Bachelor’s Degree Schools” ranking. It costs about $14,622 for bachelor’s degree actuarial science students whose families make $48-$75k per year to attend University of Delaware.
The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. 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%.
Carnegie Mellon University came in at #14 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Pittsburgh, Pennsylvania, this fairly large private not-for-profit school awarded 3 diplomas to qualified bachelors’s actuarial science students in 2019-2020.
In addition to being on our bachelor’s degree actuarial science students whose families make $48-$75k list, Carnegie Mellon has also earned the #3 rank in our “Best Actuarial Science Bachelor’s Degree Schools” ranking. The yearly cost to attend Carnegie Mellon University is $18,276 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k.
With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
With a ranking of #15, Queens College did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k list. Queens, New York is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 2 students in 2019-2020.
The yearly cost to attend Queens College is $7,222 for bachelor’s degree actuarial science students whose families make $48-$75k.
The low student loan default rate of 4.4% 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%.
University of Iowa came in at #16 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k ranking. University of Iowa is a large public school situated in Iowa City, Iowa. It awarded 26 bachelors’s actuarial science degrees in 2019-2020.
Iowa not only placed well in this ranking. It is also #9 on our “Best Actuarial Science Bachelor’s Degree Schools” list. It costs about $18,272 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k per year to attend Iowa.
The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year. The low student loan default rate of 3.5% 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%.
With a ranking of #17, Arizona State University - Tempe did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k list. Tempe, Arizona is the setting for this large institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 10 students in 2019-2020.
In addition to being on our bachelor’s degree actuarial science students whose families make $48-$75k list, ASU - Tempe has also earned the #22 rank in our “Best Actuarial Science Bachelor’s Degree Schools” ranking. The estimated yearly cost for ASU - Tempe is $14,033 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
The University of Texas at Dallas came in at #18 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k ranking. The University of Texas at Dallas is a large school located in Richardson, Texas that handed out 38 bachelors’s actuarial science degrees in 2019-2020.
The estimated yearly cost for UT Dallas is $13,797 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k.
The student loan default rate at the school is 4.9%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 90%, the school does an excellent job of retaining its students.
With a ranking of #19, Appalachian State University did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k list. Appalachian State is located in Boone, North Carolina and, has a large student population. In 2019-2020, this school awarded 21 bachelors’s actuarial science degrees to qualified students.
The estimated yearly cost for Appalachian State University is $13,827 for bachelor’s degree actuarial science students whose families make $48-$75k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. 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 full report on Actuarial Science at Appalachian State University
Indiana University - Northwest landed the #20 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Gary, Indiana, this small public school handed out 4 degrees to qualified bachelors’s actuarial science students in 2019-2020.
The estimated yearly cost for Indiana University - Northwest is $9,473 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k.
Read more about Actuarial Science at Indiana University - Northwest
University of Missouri - St Louis ranked #21 on this year’s Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k list. UMSL is a fairly large public school situated in Saint Louis, Missouri. It awarded 3 bachelors’s actuarial science degrees in 2019-2020.
It costs about $7,894 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k per year to attend UMSL.
Oakland University landed the #22 spot on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Rochester Hills, Michigan, this fairly large public school awarded 9 diplomas to qualified bachelors’s actuarial science students in 2019-2020.
It costs about $10,387 for bachelor’s degree actuarial science students whose families make $48-$75k per year to attend Oakland University.
With a ranking of #23, University of Wisconsin - Eau Claire did quite well on the 2022 Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k list. University of Wisconsin - Eau Claire is a fairly large public school situated in Eau Claire, Wisconsin. It awarded 3 bachelors’s actuarial science degrees in 2019-2020.
The yearly cost to attend UW - Eau Claire is $14,887 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k.
Full University of Wisconsin - Eau Claire Actuarial Science Report
Simpson College came in at #24 in this year’s edition of the Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Indianola, Iowa, this small private not-for-profit school handed out 4 degrees to qualified bachelors’s actuarial science students in 2019-2020.
The yearly cost to attend Simpson College is $14,790 for bachelor’s degree actuarial science students whose families make $48-$75k.
The low student loan default rate of 3.7% 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%.
University of Connecticut ranked #25 on this year’s Best Value Actuarial Science Schools for a Bachelor’s For Those Making $48-$75k list. Storrs, Connecticut is the setting for this large institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 85 students in 2019-2020.
UCONN also made our “Best Actuarial Science Bachelor’s Degree Schools” list, coming in at #11. It costs about $19,243 for Bachelor’s Degree Actuarial Science students whose families make $48-$75k per year to attend University of Connecticut.
The school has an impressive student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
Read more about Actuarial Science at University of Connecticut
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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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