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2023 Best Value Actuarial Science Schools in the Great Lakes Region

34 Ranked Colleges
618 Degrees Awarded
$18,300 Avg Net Price*
Best Value Actuarial Science Schools in the Great Lakes Region

When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Actuarial Science Schools in the Great Lakes Region” ranking as one item you can use to help make this decision.

In 2020-2021, 2,206 people earned their degree in actuarial science, making the major the 278th most popular in the United States.

Across the Great Lakes region, there were 618 actuarial science graduates with average earnings and debt of $0 and $0 respectively.

For this year’s “Best Value Actuarial Science Schools in the Great Lakes Region” ranking, we looked at 34 colleges that offer 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.

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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 in the Great Lakes Region” 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 by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Actuarial Science Schools in the Great Lakes Region

The colleges and universities below are the best for great lakes region actuarial science students.

Top 25 Best Value Colleges for Actuarial Science in the Great Lakes Region

1
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #1 on our 2023 Best Value Actuarial Science Schools in the Great Lakes Region list. Located in West Lafayette, Indiana, this large public school awarded 63 diplomas to qualified ’s actuarial science students in 2020-2021.

Purdue also made our “Best Actuarial Science Schools in the Great Lakes Region” list, coming in at #1. The estimated yearly cost for Purdue is $13,377 for great lakes region actuarial science students.

The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Full Purdue Actuarial Science Report

2
Central Michigan crest
Central Michigan University
Mount Pleasant, Michigan

Out of the 34 schools in the Best Value Actuarial Science Schools in the Great Lakes Region that were part of this year’s ranking, Central Michigan University landed the #2 spot on the list. Mount Pleasant, Michigan is the setting for this fairly large institution of higher learning. The public school handed out ’s actuarial science degrees to 17 students in 2020-2021.

Central Michigan also made our “Best Actuarial Science Schools in the Great Lakes Region” list, coming in at #15. It costs about $16,007 for great lakes region actuarial science students per year to attend Central Michigan.

The undergrad student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Actuarial Science at Central Michigan University

3
Ferris crest
Ferris State University
Big Rapids, Michigan

You’ll be in good company if you decide to attend Ferris State University. It ranked #3 on our 2023 Best Value Actuarial Science Schools in the Great Lakes Region list. This fairly large school is located in Big Rapids, Michigan, and it awarded 7 ’s actuarial science degrees in 2020-2021.

Ferris did well in our major quality rankings, too. It placed #21 on our “Best Actuarial Science Schools in the Great Lakes Region” list. It costs about $12,213 for great lakes region actuarial science students per year to attend Ferris.

Read more about Actuarial Science at Ferris State University

4

You’ll join some of the best and brightest minds around if you attend Ohio University - Athens Campus. The school came in at #4 for the Best Value Actuarial Science Schools in the Great Lakes Region. Athens, Ohio is the setting for this large institution of higher learning. The public school handed out ’s actuarial science degrees to 13 students in 2020-2021.

OHIO Athens not only placed well in this ranking. It is also #11 on our “Best Actuarial Science Schools in the Great Lakes Region” list. The estimated yearly cost for Ohio University - Athens Campus is $23,831 for Great Lakes Region Actuarial Science students.

Read full report on Actuarial Science at Ohio University - Athens Campus

5

You’ll be in good company if you decide to attend University of Wisconsin - Eau Claire. It ranked #5 on our 2023 Best Value Actuarial Science Schools in the Great Lakes Region list. UW - Eau Claire is located in Eau Claire, Wisconsin and, has a fairly large student population. In 2020-2021, this school awarded 3 ’s actuarial science degrees to qualified students.

In addition to being on our great lakes region actuarial science students list, UW - Eau Claire has also earned the #24 rank in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend UW - Eau Claire is $16,051 for Great Lakes Region Actuarial Science students.

Read more about Actuarial Science at UW - Eau Claire

6

University of Wisconsin - Milwaukee ranked #6 on this year’s Best Value Actuarial Science Schools in the Great Lakes Region list. This large school is located in Milwaukee, Wisconsin, and it awarded 15 ’s actuarial science degrees in 2020-2021.

In addition to being on our great lakes region actuarial science students list, UWM has also earned the #20 rank in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Wisconsin - Milwaukee is $17,486 for Great Lakes Region Actuarial Science students.

Full University of Wisconsin - Milwaukee Actuarial Science Report

7
Ball State crest
Ball State University
Muncie, Indiana

Ball State University ranked #7 on this year’s Best Value Actuarial Science Schools in the Great Lakes Region list. Ball State University is a large public school situated in Muncie, Indiana. It awarded 33 ’s actuarial science degrees in 2020-2021.

As a testament to the quality of education offered at Ball State, the school also landed the #12 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ball State is $14,765 for great lakes region actuarial science students.

The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.

Read more about Actuarial Science at Ball State

8

University of Michigan - Dearborn landed the #8 spot on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region ranking. University of Michigan - Dearborn is located in Dearborn, Michigan and, has a medium-sized student population. In 2020-2021, this school awarded 2 ’s actuarial science degrees to qualified students.

As a testament to the quality of education offered at UM Dearborn, the school also landed the #14 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend UM Dearborn is $12,855 for great lakes region actuarial science students.

The undergrad student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Actuarial Science at UM Dearborn

9

University of Illinois at Urbana-Champaign did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region ranking, coming in at #9. UIUC is located in Champaign, Illinois and, has a large student population. In 2020-2021, this school awarded 112 ’s actuarial science degrees to qualified students.

In addition to being on our great lakes region actuarial science students list, UIUC has also earned the #3 rank in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. It costs about $14,321 for Great Lakes Region Actuarial Science students per year to attend UIUC.

The low undergrad student loan default rate of 2.3% 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%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.

Full UIUC Actuarial Science Report

10
Oakland crest
Oakland University
Rochester Hills, Michigan

With a ranking of #10, Oakland University did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region list. Oakland University is a fairly large public school situated in Rochester Hills, Michigan. It awarded 12 ’s actuarial science degrees in 2020-2021.

Oakland also took the #17 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The estimated yearly cost for Oakland is $13,449 for Great Lakes Region Actuarial Science students.

The low undergrad student loan default rate of 3.6% 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 full report on Actuarial Science at Oakland

11

University of Wisconsin - Madison did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region ranking, coming in at #11. Madison, Wisconsin is the setting for this large institution of higher learning. The public school handed out ’s actuarial science degrees to 72 students in 2020-2021.

UW - Madison not only placed well in this ranking. It is also #2 on our “Best Actuarial Science Schools in the Great Lakes Region” list. It costs about $17,234 for Great Lakes Region Actuarial Science students per year to attend UW - Madison.

Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%.

Full University of Wisconsin - Madison Actuarial Science Report

12

Ohio State University - Main Campus ranked #12 on this year’s Best Value Actuarial Science Schools in the Great Lakes Region list. Ohio State University - Main Campus is a large school located in Columbus, Ohio that handed out 84 ’s actuarial science degrees in 2020-2021.

As a testament to the quality of education offered at Ohio State, the school also landed the #4 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio State is $16,845 for Great Lakes Region Actuarial Science students.

The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.

Full Ohio State Actuarial Science Report

13
Eastern Michigan crest
Eastern Michigan University
Ypsilanti, Michigan

Eastern Michigan University did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region ranking, coming in at #13. Eastern Michigan University is a fairly large public school situated in Ypsilanti, Michigan. It awarded 3 ’s actuarial science degrees in 2020-2021.

It costs about $15,127 for great lakes region actuarial science students per year to attend Eastern Michigan.

Read full report on Actuarial Science at Eastern Michigan

14
Ashland crest
Ashland University
Ashland, Ohio

Ashland University ranked #14 on this year’s Best Value Actuarial Science Schools in the Great Lakes Region list. Ashland University is a small school located in Ashland, Ohio that handed out 3 ’s actuarial science degrees in 2020-2021.

The estimated yearly cost for Ashland University is $20,974 for Great Lakes Region Actuarial Science students.

The school has an impressive undergrad student loan default rate. It’s only 4.1%, which is much lower than the national rate of 10.1%.

Read full report on Actuarial Science at Ashland

15

With a ranking of #15, Grace College and Theological Seminary did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region list. Grace College and Theological Seminary is located in Winona Lake, Indiana and, has a small student population. In 2020-2021, this school awarded 4 ’s actuarial science degrees to qualified students.

The estimated yearly cost for Grace College and Theological Seminary is $20,060 for Great Lakes Region Actuarial Science students.

The undergrad student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.

Read more about Actuarial Science at Grace College and Theological Seminary

16
Bradley crest
Bradley University
Peoria, Illinois

With a ranking of #16, Bradley University did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region list. This medium-sized school is located in Peoria, Illinois, and it awarded 8 ’s actuarial science degrees in 2020-2021.

In addition to being on our great lakes region actuarial science students list, Bradley has also earned the #9 rank in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend Bradley is $25,196 for Great Lakes Region Actuarial Science students.

The undergrad student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.

Read more about Actuarial Science at Bradley University

17
Aurora crest
Aurora University
Aurora, Illinois

With a ranking of #17, Aurora University did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region list. Located in Aurora, Illinois, this medium-sized private not-for-profit school awarded 4 diplomas to qualified ’s actuarial science students in 2020-2021.

The yearly cost to attend Aurora is $16,994 for great lakes region actuarial science students.

The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.

Read more about Actuarial Science at Aurora University

18
Roosevelt crest
Roosevelt University
Chicago, Illinois

Roosevelt University did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region ranking, coming in at #18. Located in Chicago, Illinois, this small private not-for-profit school handed out 11 degrees to qualified ’s actuarial science students in 2020-2021.

As a testament to the quality of education offered at Roosevelt, the school also landed the #18 spot in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. It costs about $21,678 for great lakes region actuarial science students per year to attend Roosevelt.

Read more about Actuarial Science at Roosevelt University

19
Otterbein crest
Otterbein University
Westerville, Ohio

With a ranking of #19, Otterbein University did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region list. Otterbein University is a small private not-for-profit school situated in Westerville, Ohio. It awarded 10 ’s actuarial science degrees in 2020-2021.

Otterbein did well in our major quality rankings, too. It placed #19 on our “Best Actuarial Science Schools in the Great Lakes Region” list. The estimated yearly cost for Otterbein University is $22,881 for Great Lakes Region Actuarial Science students.

The undergrad 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 more about Actuarial Science at Otterbein University

20
Michigan State crest
Michigan State University
East Lansing, Michigan

With a ranking of #20, Michigan State University did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region list. East Lansing, Michigan is the setting for this large institution of higher learning. The public school handed out ’s actuarial science degrees to 23 students in 2020-2021.

Michigan State also made our “Best Actuarial Science Schools in the Great Lakes Region” list, coming in at #6. The estimated yearly cost for Michigan State University is $19,058 for great lakes region actuarial science students.

Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The low undergrad student loan default rate of 2.6% 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 Michigan State University

21

University of Michigan - Flint did quite well in the 2023 Best Value Actuarial Science Schools in the Great Lakes Region ranking, coming in at #21. University of Michigan - Flint is a medium-sized public school situated in Flint, Michigan. It awarded 7 ’s actuarial science degrees in 2020-2021.

It costs about $12,689 for Great Lakes Region Actuarial Science students per year to attend UM Flint.

Full University of Michigan - Flint Actuarial Science Report

22
UIndy crest
University of Indianapolis
Indianapolis, Indiana

University of Indianapolis came in at #22 in this year’s edition of the Best Value Actuarial Science Schools in the Great Lakes Region ranking. Located in Indianapolis, Indiana, this medium-sized private not-for-profit school awarded 7 degrees to qualified ’s actuarial science students in 2020-2021.

In addition to being on our great lakes region actuarial science students list, UIndy has also earned the #23 rank in our “Best Actuarial Science Schools in the Great Lakes Region” ranking. The yearly cost to attend UIndy is $19,808 for great lakes region actuarial science students.

Read more about Actuarial Science at University of Indianapolis

23
Olivet Nazarene crest
Olivet Nazarene University
Bourbonnais, Illinois

Olivet Nazarene University ranked #23 on this year’s Best Value Actuarial Science Schools in the Great Lakes Region list. Located in Bourbonnais, Illinois, this small private not-for-profit school handed out 3 diplomas to qualified ’s actuarial science students in 2020-2021.

Olivet Nazarene did well in our major quality rankings, too. It placed #22 on our “Best Actuarial Science Schools in the Great Lakes Region” list. The yearly cost to attend Olivet Nazarene University is $19,470 for Great Lakes Region Actuarial Science students.

The low undergrad student loan default rate of 2.7% 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 Olivet Nazarene

24

Concordia University, Wisconsin came in at #24 in this year’s edition of the Best Value Actuarial Science Schools in the Great Lakes Region ranking. Concordia University, Wisconsin is a private not-for-profit institution located in Mequon, Wisconsin. The school has a medium-sized population, and it awarded 7 ’s degrees in 2020-2021.

It costs about $22,996 for Great Lakes Region Actuarial Science students per year to attend Concordia University, Wisconsin.

The school has an impressive undergrad student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.

Read full report on Actuarial Science at Concordia University, Wisconsin

25
DePaul crest
DePaul University
Chicago, Illinois

With a ranking of #25, DePaul University did quite well on the 2023 Best Value Actuarial Science Schools in the Great Lakes Region list. Located in Chicago, Illinois, this large private not-for-profit school handed out 13 diplomas to qualified ’s actuarial science students in 2020-2021.

DePaul did well in our major quality rankings, too. It placed #5 on our “Best Actuarial Science Schools in the Great Lakes Region” list. The estimated yearly cost for DePaul is $31,174 for great lakes region actuarial science students.

The undergrad student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Actuarial Science at DePaul University

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