2022 Best Value Colleges for Actuarial Science (Income $48-$75k) in Michigan
When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Actuarial Science Schools in Michigan For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.
Actuarial Science is the 274th most popular major in the country with 2,065 degrees awarded in 2019-2020.
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 $48-$75k” 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.
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 picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Actuarial Science Schools in Michigan For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.
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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Actuarial Science Schools in Michigan For Those Making $48-$75k
The following schools top our list of the Best Best Value Actuarial Science Schools in Michigan For Those Making $48-$75k.
Top 9 Best Value Colleges for Actuarial Science (Income $48-$75k) in Michigan
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 in Michigan For Those Making $48-$75k. Oakland is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 9 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Oakland, the school also landed the #5 spot in our “Best Actuarial Science Schools in Michigan” ranking. It costs about $10,387 for michigan actuarial science students whose families make $48-$75k per year to attend Oakland.
Out of the 9 schools in the Best Value Actuarial Science Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, Ferris State University landed the #2 spot on the list. Big Rapids, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s actuarial science degrees to 7 students in 2019-2020.
Ferris not only placed well in this ranking. It is also #4 on our “Best Actuarial Science Schools in Michigan” list. It costs about $14,101 for Michigan Actuarial Science students whose families make $48-$75k per year to attend Ferris.
You’ll join some of the best and brightest minds around if you attend Central Michigan University. The school came in at #3 for the Best Value Actuarial Science Schools in Michigan For Those Making $48-$75k. Central Michigan University is a fairly large public school situated in Mount Pleasant, Michigan. It awarded 29 ’s actuarial science degrees in 2019-2020.
Central Michigan also took the #3 spot in our “Best Actuarial Science Schools in Michigan” ranking. It costs about $14,591 for michigan actuarial science students whose families make $48-$75k per year to attend Central Michigan University.
Out of the 9 schools in the Best Value Actuarial Science Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, Michigan State University landed the #4 spot on the list. Michigan State is a large public school situated in East Lansing, Michigan. It awarded 30 ’s actuarial science degrees in 2019-2020.
In addition to being on our michigan actuarial science students whose families make $48-$75k list, Michigan State has also earned the #1 rank in our “Best Actuarial Science Schools in Michigan” ranking. It costs about $20,696 for Michigan Actuarial Science students whose families make $48-$75k per year to attend Michigan State University.
Students who start out at the school are likely to stick around. The freshman retention rate is 91%. 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%.
Read full report on Actuarial Science at Michigan State University
You’ll be in good company if you decide to attend University of Michigan - Flint. It ranked #5 on our 2022 Best Value Actuarial Science Schools in Michigan For Those Making $48-$75k list. University of Michigan - Flint is a medium-sized school located in Flint, Michigan that handed out 7 ’s actuarial science degrees in 2019-2020.
UM Flint did well in our major quality rankings, too. It placed #8 on our “Best Actuarial Science Schools in Michigan” list. The estimated yearly cost for University of Michigan - Flint is $13,343 for michigan actuarial science students whose families make $48-$75k.
Full University of Michigan - Flint Actuarial Science Report
Calvin University came in at #6 in this year’s edition of the Best Value Actuarial Science Schools in Michigan For Those Making $48-$75k ranking. Located in Grand Rapids, Michigan, this small private not-for-profit school handed out 4 degrees to qualified ’s actuarial science students 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 Schools in Michigan” ranking. The estimated yearly cost for Calvin is $23,773 for Michigan Actuarial Science students whose families make $48-$75k.
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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Eastern Michigan University landed the #7 spot on the 2022 Best Value Actuarial Science Schools in Michigan For Those Making $48-$75k ranking. Eastern Michigan is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 5 ’s degrees in 2019-2020.
Eastern Michigan did well in our major quality rankings, too. It placed #9 on our “Best Actuarial Science Schools in Michigan” list. It costs about $16,042 for Michigan Actuarial Science students whose families make $48-$75k per year to attend Eastern Michigan.
With a ranking of #8, Spring Arbor University did quite well on the 2022 Best Value Actuarial Science Schools in Michigan For Those Making $48-$75k list. Spring Arbor is located in Spring Arbor, Michigan and, has a small student population. In 2019-2020, this school awarded 2 ’s actuarial science degrees to qualified students.
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 University is $18,662 for Michigan Actuarial Science students whose families make $48-$75k.
Olivet College ranked #9 on this year’s Best Value Actuarial Science Schools in Michigan For Those Making $48-$75k list. This small school is located in Olivet, Michigan, and it awarded 9 ’s actuarial science degrees in 2019-2020.
Olivet also made our “Best Actuarial Science Schools in Michigan” list, coming in at #7. The estimated yearly cost for Olivet is $24,838 for michigan actuarial science students whose families make $48-$75k.
- Best Value Colleges for Actuarial Science (Income $48-$75k) in the Great Lakes Region
- Best Value Colleges for Actuarial Science (Income $48-$75k)
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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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