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2022 Best Value Master’s Degree Colleges for Actuarial Science in the Great Lakes Region (With Aid)

5 Ranked Colleges
40 Degrees Awarded
$26,900 Avg Grad Tuition & Fees*
Best Value Actuarial Science Schools for a Master's in the Great Lakes Region For Those Getting Aid

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking as one item you can use to help make this decision.

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

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.

For this year’s “Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking, we looked at 5 colleges that offer a degree in actuarial science. This ranking identifies schools with high-quality actuarial science programs that also have a lower cost than 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. See our ranking methodology to learn more.

More Ways to Rank Actuarial Science Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Getting Aid” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Getting Aid

The following schools top our list of the Best Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Getting Aid.

Top 5 Best Value Master’s Degree Colleges for Actuarial Science in the Great Lakes Region (With Aid)

#1 in overall quality

Out of the 5 schools in the Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. This large school is located in Champaign, Illinois, and it awarded 24 masters’s actuarial science degrees in 2019-2020.

In addition to being on our great lakes region master’s degree actuarial science students with aid list, UIUC has also earned the #1 rank in our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UIUC are $30,083, but some majors have different tuition rates.

Full University of Illinois at Urbana-Champaign Actuarial Science Report

#2 in overall quality

Out of the 5 schools in the Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Ohio State University - Main Campus landed the #2 spot on the list. Ohio State is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 8 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Ohio State, the school also landed the #2 spot in our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” ranking. 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

You’ll be in good company if you decide to attend Ball State University. It ranked #3 on our 2022 Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Ball State University is a large school located in Muncie, Indiana that handed out 4 masters’s actuarial science degrees in 2019-2020.

As a testament to the quality of education offered at Ball State, the school also landed the #4 spot in our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” ranking. 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

You’ll join some of the best and brightest minds around if you attend Roosevelt University. The school came in at #4 for the Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Getting Aid. Roosevelt 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Roosevelt University are $21,605.

Read full report on Actuarial Science at Roosevelt University

#5

DePaul University

Chicago, Illinois
#3 in overall quality

You’ll be in good company if you decide to attend DePaul University. It ranked #5 on our 2022 Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. DePaul University is a large school located in Chicago, Illinois that handed out 3 masters’s actuarial science degrees in 2019-2020.

In addition to being on our great lakes region master’s degree actuarial science students with aid list, DePaul has also earned the #3 rank in our “Best Actuarial Science Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at DePaul University are $19,760, but you may pay more or less depending on your major.

Read more about Actuarial Science at DePaul University

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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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