2027 Best Value Actuarial Science Schools in Michigan

[Actuarial Science](/majors/business-management-marketing-sales/management-science-quantitative-methods/actuarial-science/) programs reward a close look at where your money goes furthest. The schools below stand out for delivering a strong actuarial science education at a price that pays off.
College Factual analyzed 4 schools to build this 2027 ranking of the best value actuarial science schools.
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2027 Best Value Actuarial Science Schools in Michigan
If you want to know which schools deliver the best value for the actuarial science degrees they offer, see the list below.
Best Value Actuarial Science Schools
Leading the list is Oakland University, our #1 best value for actuarial science in Michigan. Set in the suburb of Rochester Hills, Oakland University is a large public institution. Expect in-state tuition and fees of around $17,167, with out-of-state students paying around $24,735. Students borrow a median of $25,972 to complete the actuarial science program here. Actuarial Science graduates of Oakland University earn a median of $69,446 early in their careers. Set against $25,972 in median debt, that is a healthy payoff. Oakland University admits about 88% of applicants.
University Of Michigan Dearborn is a great value for students pursuing a degree in actuarial science, landing the #2 spot this year. Located in the city of Dearborn, University Of Michigan Dearborn is a moderately-sized public university. In-state tuition and fees average $15,640, compared with $32,896 for out-of-state students. Typical student debt for actuarial science graduates is $25,500. Soon after graduation, actuarial science degree recipients from University Of Michigan Dearborn generally make around $61,297. Weighed against typical debt, the earnings make a compelling case for value. University Of Michigan Dearborn admits about 56% of applicants.
The strong cost-to-outcome balance at Central Michigan University earned it the #3 place for actuarial science. Located in the town of Mount Pleasant, Central Michigan University is a large public university. Students from in state pay about $15,480 in tuition and fees. Students borrow a median of $24,250 to complete the actuarial science program here. Actuarial Science graduates of Central Michigan University earn a median of $66,149 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 90%.
Michigan State University is a great value for students pursuing a degree in actuarial science, landing the #4 spot this year. Set in the city of East Lansing, Michigan State University is a very large public institution. In-state tuition and fees average $18,079, while out-of-state students pay about $44,850. Typical student debt for actuarial science graduates is $23,250. Soon after graduation, actuarial science degree recipients from Michigan State University generally make around $83,014. Set against $23,250 in median debt, that is a healthy payoff. Roughly 85% of applicants are accepted.
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Notes and References
The ranking above is published by College Factual (MF_RANKING_2025), 2027 edition. The methodology weighs the cost of a degree against the earnings graduates go on to achieve, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 4 schools evaluated.
*Averages shown above reflect the top 4 ranked schools only.
- 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).
More about our data sources and methodologies.