2022 Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region

Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region” ranking.

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

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.

This year’s “Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region” ranking looked at 4 colleges that offer degrees in a bachelor’s 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. For more information, check out our ranking methodology.

More Ways to Rank Actuarial Science Schools

The actuarial science school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region”.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region

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

Top 4 Best Value Master’s Degree Colleges for Actuarial Science in the Great Lakes Region

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#1 in overall quality

$30,083 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. UIUC is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 24 masters’s actuarial science degrees to qualified students.

UIUC also took the #1 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 UIUC are $30,083.

Full UIUC Actuarial Science Report

#2

DePaul University

Chicago, Illinois

#3 in overall quality

$19,760 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, DePaul University landed the #2 spot on the list. DePaul University is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 3 masters’s actuarial science degrees to qualified students.

As a testament to the quality of education offered at DePaul, the school also landed the #3 spot 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 some majors have different tuition rates.

Read full report on Actuarial Science at DePaul University

#3

Ball State University

Muncie, Indiana

#4 in overall quality

$26,204 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Ball State University. The school came in at #3 for the Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region. Ball State is located in Muncie, Indiana and, has a large student population. In 2019-2020, this school awarded 4 masters’s actuarial science degrees to qualified students.

In addition to being on our great lakes region master’s degree actuarial science students list, Ball State has also earned the #4 rank 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

Ohio State University - Main Campus

Columbus, Ohio

#2 in overall quality

$37,141 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Actuarial Science Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, Ohio State University - Main Campus landed the #4 spot on the list. Columbus, Ohio is the setting for this large institution of higher learning. The public school handed out masters’s actuarial science degrees to 8 students in 2019-2020.

In addition to being on our great lakes region master’s degree actuarial science students list, Ohio State has also earned the #2 rank 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 University - Main Campus are $37,141.

Read full report on Actuarial Science at Ohio State University - Main Campus

• Best Value Master’s Degree Colleges for Actuarial Science

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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