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2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k

37 Ranked Colleges
604 Degrees Awarded
$22,000 Avg Net Price*
Best Vallue Actuarial Science Schools for a Bachelor's in the Great Lakes Region For Those Making Over $110k

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k” 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 the Great Lakes region, there were 647 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 604 actuarial science graduates with average earnings and debt of $39,075 and $25,381 respectively.

This year’s “Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k” ranking analyzed 37 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.

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. Check out our ranking methodology for more information.

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 Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k” ranking, along with many other major-related rankings, to help you make that decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

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Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k

The colleges and universities below are the best for great lakes region bachelor’s degree actuarial science students whose families make more than $110k.

Top 25 Best Value Bachelor’s Degree Colleges for Actuarial Science (Income Over $110k) in the Great Lakes Region

#1

Purdue University - Main Campus

West Lafayette, Indiana
#3 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 Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k. This large school is located in West Lafayette, Indiana, and it awarded 63 bachelors’s actuarial science degrees in 2019-2020.

Purdue did well in our major quality rankings, too. It placed #3 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Purdue University - Main Campus is $13,986 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make more than $110k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Read more about Actuarial Science at Purdue

#1 in overall quality

You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #2 on our 2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. Located in Madison, Wisconsin, this large public school handed out 70 degrees to qualified bachelors’s actuarial science students in 2019-2020.

UW - Madison not only placed well in this ranking. It is also #1 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend University of Wisconsin - Madison is $17,708 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k.

Students who start out at the school are likely to stick around. The freshman retention rate is 95%. 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%.

Read more about Actuarial Science at University of Wisconsin - Madison

#2 in overall quality

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 #3 for the Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k. University of Illinois at Urbana-Champaign is a large school located in Champaign, Illinois that handed out 110 bachelors’s actuarial science degrees in 2019-2020.

In addition to being on our great lakes region bachelor’s degree actuarial science students whose families make more than $110k list, UIUC has also earned the #2 rank in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $15,880 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make more than $110k per year to attend University of Illinois at Urbana-Champaign.

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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.

Read full report on Actuarial Science at University of Illinois at Urbana-Champaign

You’ll be in good company if you decide to attend Indiana University - Northwest. It ranked #4 on our 2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. IU Northwest is located in Gary, Indiana and, has a small student population. In 2019-2020, this school awarded 4 bachelors’s actuarial science degrees to qualified students.

It costs about $7,755 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k per year to attend IU Northwest.

Read more about Actuarial Science at Indiana University - Northwest

#11 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Eau Claire. The school came in at #5 for the Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k. This fairly large school is located in Eau Claire, Wisconsin, and it awarded 3 bachelors’s actuarial science degrees in 2019-2020.

As a testament to the quality of education offered at UW - Eau Claire, the school also landed the #11 spot in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $16,020 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make more than $110k per year to attend UW - Eau Claire.

Read full report on Actuarial Science at University of Wisconsin - Eau Claire

#4 in overall quality

Ohio State University - Main Campus landed the #6 spot on the 2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. Ohio State University - Main Campus is located in Columbus, Ohio and, has a large student population. In 2019-2020, this school awarded 81 bachelors’s actuarial science degrees to qualified students.

Ohio State not only placed well in this ranking. It is also #4 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $17,616 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k per year to attend Ohio State University - Main Campus.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.

Read full report on Actuarial Science at Ohio State

#7

Central Michigan University

Mount Pleasant, Michigan
#22 in overall quality

Central Michigan University ranked #7 on this year’s Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. 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 also took the #22 spot in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Central Michigan University is $15,981 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make more than $110k.

Full Central Michigan Actuarial Science Report

#8

Ferris State University

Big Rapids, Michigan
#24 in overall quality

Ferris State University landed the #8 spot on the 2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. Ferris State University is a public institution located in Big Rapids, Michigan. The school has a fairly large population, and it awarded 7 bachelors’s degrees in 2019-2020.

Ferris not only placed well in this ranking. It is also #24 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Ferris State University is $12,889 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make more than $110k.

Full Ferris Actuarial Science Report

#9

Purdue University Fort Wayne

Fort Wayne, Indiana

Purdue University Fort Wayne came in at #9 in this year’s edition of the Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. This medium-sized school is located in Fort Wayne, Indiana, and it awarded 5 bachelors’s actuarial science degrees in 2019-2020.

The estimated yearly cost for PFW is $10,912 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make more than $110k.

Read full report on Actuarial Science at PFW

#10

Olivet College

Olivet, Michigan

Olivet College landed the #10 spot on the 2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. Olivet, Michigan 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.

The estimated yearly cost for Olivet is $21,464 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k.

Full Olivet College Actuarial Science Report

#11

Indiana University - South Bend

South Bend, Indiana

Indiana University - South Bend ranked #11 on this year’s Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. Indiana University - South Bend is a small public school situated in South Bend, Indiana. It awarded 2 bachelors’s actuarial science degrees in 2019-2020.

It costs about $8,717 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k per year to attend Indiana University - South Bend.

Read more about Actuarial Science at Indiana University - South Bend

#12

Ball State University

Muncie, Indiana
#18 in overall quality

With a ranking of #12, Ball State University did quite well on the 2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. Muncie, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 13 students in 2019-2020.

Ball State did well in our major quality rankings, too. It placed #18 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Ball State is $15,147 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make more than $110k.

Read full report on Actuarial Science at Ball State

#13

Aurora University

Aurora, Illinois
#19 in overall quality

Aurora University ranked #13 on this year’s Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. Aurora, Illinois 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 6 students in 2019-2020.

Aurora also took the #19 spot in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Aurora is $17,215 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k.

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%.

Read full report on Actuarial Science at Aurora University

#14

Oakland University

Rochester Hills, Michigan
#25 in overall quality

Oakland University came in at #14 in this year’s edition of the Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. Located in Rochester Hills, Michigan, this fairly large public school handed out 9 diplomas to qualified bachelors’s actuarial science students in 2019-2020.

Oakland not only placed well in this ranking. It is also #25 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Oakland is $11,802 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k.

Read more about Actuarial Science at Oakland University

University of Michigan - Flint did quite well in the 2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking, coming in at #15. Flint, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s actuarial science degrees to 7 students in 2019-2020.

The estimated yearly cost for UM Flint is $12,734 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k.

Read full report on Actuarial Science at University of Michigan - Flint

#16

Michigan State University

East Lansing, Michigan
#6 in overall quality

Michigan State University came in at #16 in this year’s edition of the Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. 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.

In addition to being on our great lakes region bachelor’s degree actuarial science students whose families make more than $110k list, Michigan State has also earned the #6 rank in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Michigan State University is $19,173 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make more than $110k.

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 student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Actuarial Science at Michigan State University

#17

Valparaiso University

Valparaiso, Indiana
#9 in overall quality

Valparaiso University did quite well in the 2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking, coming in at #17. Valparaiso University is a small private not-for-profit school situated in Valparaiso, Indiana. It awarded 9 bachelors’s actuarial science degrees in 2019-2020.

Valpo not only placed well in this ranking. It is also #9 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Valpo is $18,852 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k.

The low student loan default rate of 2.9% 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 Valparaiso University

#18

Olivet Nazarene University

Bourbonnais, Illinois
#20 in overall quality

Olivet Nazarene University ranked #18 on this year’s Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. Olivet Nazarene is a small private not-for-profit school situated in Bourbonnais, Illinois. It awarded 8 bachelors’s actuarial science degrees in 2019-2020.

As a testament to the quality of education offered at Olivet Nazarene, the school also landed the #20 spot in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Olivet Nazarene is $20,195 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k.

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%.

Read more about Actuarial Science at Olivet Nazarene University

#19

Carroll University

Waukesha, Wisconsin
#12 in overall quality

Carroll University did quite well in the 2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking, coming in at #19. Waukesha, Wisconsin is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 8 students in 2019-2020.

Carroll U did well in our major quality rankings, too. It placed #12 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Carroll U is $23,355 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k.

The student loan default rate at the school is 3.2%, which is quite low when compared to the national default rate of 10.1%.

Read more about Actuarial Science at Carroll U

#20

University of Wisconsin - Milwaukee

Milwaukee, Wisconsin

With a ranking of #20, University of Wisconsin - Milwaukee did quite well on the 2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. This large school is located in Milwaukee, Wisconsin, and it awarded 11 bachelors’s actuarial science degrees in 2019-2020.

The estimated yearly cost for University of Wisconsin - Milwaukee is $17,876 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k.

Read full report on Actuarial Science at UWM

#21

Ashland University

Ashland, Ohio
#23 in overall quality

With a ranking of #21, Ashland University did quite well on the 2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. Located in Ashland, Ohio, this small private not-for-profit school awarded 5 degrees to qualified bachelors’s actuarial science students in 2019-2020.

Ashland also took the #23 spot in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $20,111 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k per year to attend Ashland.

The school has an impressive student loan default rate. It’s only 4.0%, which is much lower than the national rate of 10.1%.

Full Ashland Actuarial Science Report

#22

Milwaukee School of Engineering

Milwaukee, Wisconsin
#5 in overall quality

With a ranking of #22, Milwaukee School of Engineering did quite well on the 2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. Milwaukee, Wisconsin is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 11 students in 2019-2020.

MSOE also took the #5 spot in our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Milwaukee School of Engineering is $24,440 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k.

The low student loan default rate of 1.8% 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%.

Full MSOE Actuarial Science Report

#23

Eastern Michigan University

Ypsilanti, Michigan

Eastern Michigan University did quite well in the 2022 Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking, coming in at #23. Eastern Michigan University is a fairly large public school situated in Ypsilanti, Michigan. It awarded 5 bachelors’s actuarial science degrees in 2019-2020.

The yearly cost to attend Eastern Michigan is $15,924 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k.

Full Eastern Michigan University Actuarial Science Report

#24

University of Evansville

Evansville, Indiana
#21 in overall quality

University of Evansville came in at #24 in this year’s edition of the Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k ranking. Evansville, 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 4 students in 2019-2020.

UE also made our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #21. The estimated yearly cost for UE is $21,626 for Great Lakes Region Bachelor’s Degree Actuarial Science students whose families make more than $110k.

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. The student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Read full report on Actuarial Science at University of Evansville

#25

Otterbein University

Westerville, Ohio
#14 in overall quality

Otterbein University ranked #25 on this year’s Best Vallue Actuarial Science Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. Located in Westerville, Ohio, this small private not-for-profit school awarded 11 diplomas to qualified bachelors’s actuarial science students in 2019-2020.

Otterbein did well in our major quality rankings, too. It placed #14 on our “Best Actuarial Science Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Otterbein is $23,386 for great lakes region bachelor’s degree actuarial science students whose families make more than $110k.

The school has an impressive student loan default rate. It’s only 4.0%, which is much lower than the national rate of 10.1%.

Full Otterbein University 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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