2022 Best Value Master’s Degree Colleges for Actuarial Science in Illinois (With Aid)

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Actuarial Science Schools for a Master’s in Illinois For Those Getting Aid” ranking as one item you can use to help make this decision.

In 2019-2020, 2,065 people earned their degree in actuarial science, making the major the 274th most popular in the United States.

Across Illinois, there were 192 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 28 actuarial science graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value Actuarial Science Schools for a Master’s in Illinois For Those Getting Aid” ranking analyzed 3 colleges that offered 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.

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

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 Illinois For Those Getting Aid” list to help you make the college 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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Actuarial Science Schools for a Master’s in Illinois For Those Getting Aid

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

Top 3 Best Value Master’s Degree Colleges for Actuarial Science in Illinois (With Aid)

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#1 in overall quality

$30,083 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value Actuarial Science Schools for a Master’s in Illinois For Those Getting Aid list. University of Illinois at Urbana-Champaign is a large school located in Champaign, Illinois that handed out 24 masters’s actuarial science degrees in 2019-2020.

UIUC also took the #1 spot in our “Best Actuarial Science Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but some majors have different tuition rates.

Full University of Illinois at Urbana-Champaign Actuarial Science Report

#2

Roosevelt University

Chicago, Illinois

$21,605 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value Actuarial Science Schools for a Master’s in Illinois For Those Getting Aid that were part of this year’s ranking, Roosevelt University landed the #2 spot on the list. This small school is located in Chicago, Illinois, and it awarded 1 masters’s actuarial science degrees in 2019-2020.

Roosevelt not only placed well in this ranking. It is also #0 on our “Best Actuarial Science Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Roosevelt University are $21,605, but you may pay more or less depending on your major.

Read full report on Actuarial Science at Roosevelt University

#3

DePaul University

Chicago, Illinois

#2 in overall quality

$19,760 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend DePaul University. The school came in at #3 for the Best Value Actuarial Science Schools for a Master’s in Illinois For Those Getting Aid. DePaul is a large private not-for-profit school situated in Chicago, Illinois. It awarded 3 masters’s actuarial science degrees in 2019-2020.

As a testament to the quality of education offered at DePaul, the school also landed the #2 spot in our “Best Actuarial Science Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at DePaul are $19,760, but some majors have different tuition rates.

Read full report on Actuarial Science at DePaul University

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