2022 Best Value Bachelor’s Degree Colleges for Actuarial Science in California (With Aid)

Students have lots of options to chooose from today when trying to decide which college to attend. 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 California For Those Getting Aid” ranking is part of that endeavor.

Actuarial Science is the 274th most popular major in the country with 2,065 degrees awarded in 2019-2020.

Across California, there were 178 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 80 actuarial science graduates with average earnings and debt of $37,907 and $21,546 respectively.

This year’s “Best Value Actuarial Science Schools for a Bachelor’s in California For Those Getting Aid” ranking looked at 2 colleges that offer degrees in a bachelor’s 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. 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 Value Actuarial Science Schools for a Bachelor’s in California For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Actuarial Science Schools for a Bachelor’s in California For Those Getting Aid

The following schools top our list of the Best Best Value Actuarial Science Schools for a Bachelor’s in California For Those Getting Aid.

Top 2 Best Value Bachelor’s Degree Colleges for Actuarial Science in California (With Aid)

#1

University of California - Santa Barbara

Santa Barbara, California

#1 in overall quality

$15,884 Average Net Price

Out of the 2 schools in the Best Value Actuarial Science Schools for a Bachelor’s in California For Those Getting Aid that were part of this year’s ranking, University of California - Santa Barbara landed the #1 spot on the list. UCSB is a public institution located in Santa Barbara, California. The school has a large population, and it awarded 79 bachelors’s degrees in 2019-2020.

UCSB not only placed well in this ranking. It is also #1 on our “Best Actuarial Science Bachelor’s Degree Schools in California” list. The yearly cost to attend University of California - Santa Barbara is $15,884 for california bachelor’s degree actuarial science students with aid.

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%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.

Read full report on Actuarial Science at University of California - Santa Barbara

#2

California Baptist University

Riverside, California

#2 in overall quality

$24,707 Average Net Price

Out of the 2 schools in the Best Value Actuarial Science Schools for a Bachelor’s in California For Those Getting Aid that were part of this year’s ranking, California Baptist University landed the #2 spot on the list. California Baptist University is a fairly large school located in Riverside, California that handed out 1 bachelors’s actuarial science degrees in 2019-2020.

As a testament to the quality of education offered at Cal Baptist, the school also landed the #2 spot in our “Best Actuarial Science Bachelor’s Degree Schools in California” ranking. The yearly cost to attend Cal Baptist is $24,707 for California Bachelor’s Degree Actuarial Science students with aid.

The low student loan default rate of 4.6% 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 more about Actuarial Science at Cal Baptist

• Best Value Bachelor’s Degree Colleges for Actuarial Science in the Far Western US Region (With Aid)
• Best Value Bachelor’s Degree Colleges for Actuarial Science (With Aid)

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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