2027 Best Value Actuarial Science Schools in Iowa

[Actuarial Science](/majors/business-management-marketing-sales/management-science-quantitative-methods/actuarial-science/) is a field worth comparing on the balance of cost and outcomes. The best values balance affordable tuition against strong post-graduation earnings.
College Factual analyzed 3 schools to build this 2027 ranking of the best value actuarial science schools.
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2027 Best Value Actuarial Science Schools in Iowa
Below are the schools that deliver the strongest value in actuarial science, balancing cost against outcomes.
Best Value Actuarial Science Schools
Iowa State University tops our 2027 list of the best value actuarial science schools in Iowa. Set in the city of Ames, Iowa State University is a very large public institution. Expect in-state tuition and fees of around $10,787, compared with $28,881 for out-of-state students. Typical student debt for actuarial science graduates is $23,496. Early-career actuarial science graduates make about $54,204. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 89%.
University Of Iowa came in at #2 on our 2027 list of the best value actuarial science schools. Located in the city of Iowa City, University Of Iowa is a very large public university. The average in-state cost of tuition and fees is $11,283, compared with $33,371 for out-of-state students. Typical student debt for actuarial science graduates is $21,500. Soon after graduation, actuarial science degree recipients from University Of Iowa generally make around $90,168. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 84%.
Drake University is a great value for students pursuing a degree in actuarial science, landing the #3 spot this year. Drake University is a mid-sized private not-for-profit school located in the city of Des Moines. The average in-state cost of tuition and fees is $51,960. Actuarial Science graduates carry a median of $23,979 in student loans. Early-career actuarial science graduates make about $80,044. Set against $23,979 in median debt, that is a healthy payoff. Drake University admits about 64% of applicants.
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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 · 3 schools evaluated.
*Averages shown above reflect the top 3 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.