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Best Value Insurance Bachelor's Degree Schools in the Great Lakes Region

2023 Best Value Insurance Bachelor's Degree Schools in the Great Lakes Region

Identifying Quality Schools at More Affordable Prices

15 Colleges
$29,851 Avg Tuition & Fees*
$52,140 Avg Salary

Finding the Best Insurance Bachelor's Degree School for You

Insurance is the #204 most popular major in the country with 1,809 degrees and certificates awarded in 2020-2021.

With all the programs available today, it can be tough to choose which one is the best for you. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools that offer fast-track entry to many fields.

The Best Value Insurance Bachelor's Degree Schools in the Great Lakes Region ranking is one of many tools that Course Advisor has developed to help you make your educational decision. This report analyzed 15 schools in the Great Lakes Region to see which ones offered the best value bachelor's degree programs for insurance students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.

Our ranking of value is based on the quality of a program as defined in our per sticker price dollar. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.

In our regional and nationwide rankings, out-of-state tution and fees are used in our calculations. Average in-state tuition and fees are used for our statewide rankings.

Top 10 Best Insurance Bachelor's Degree Schools

#1

Franklin University

Columbus, OH

Our 2023 rankings named Franklin University the best value school in the Great Lakes Region for insurance students working on their bachelor’s degree. Franklin University is a moderately-sized private not-for-profit school located in the city of Columbus.

Franklin University undergraduate students pay an average of $9,577 in tuition and fees each year.

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#2

Ferris State University

Big Rapids, MI

A rank of #2 on this year’s list means Ferris State University is a great value for insurance students working on their bachelor’s degree. Ferris is a large public school located in the distant town of Big Rapids.

Out-of-state tuition fees for undergraduate students at Ferris are $13,188 per year.

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A rank of #3 on this year’s list means Illinois State University is a great value for insurance students working on their bachelor’s degree. Illinois State is a very large public school located in the suburb of Normal.

Illinois State undergraduate students pay an average of $24,172 in tuition and fees each year. The average amount in student loans that insurance majors at Illinois State take out while working on their Bachelor's Degree is $20,269.

Illinois State excels when it comes to quality. It’s ranked in the top 15% of all schools on our Best Insurance Bachelor’s Degree Schools in the Great Lakes Region list.

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Out of the 15 schools in the Great Lakes Region that were part of this year’s ranking, University of Wisconsin - Madison landed the # 4 spot on the list. Located in the large city of Madison, UW - Madison is a public college with a fairly large student population.

The average tuition and fees for an out-of-state undergraduate student at UW - Madison are $38,608 a year.

UW - Madison also took the #5 spot in our Best Insurance Bachelor’s Degree Schools in the Great Lakes Region rankings.

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#5

Indiana State University

Terre Haute, IN

You’ll join some of the best and brightest minds around you if you attend Indiana State University. The school came in at #5 on this year’s Best Value Insurance Bachelor’s Degree Schools in the Great Lakes Region list. Indiana State is a moderately-sized public school located in the small city of Terre Haute.

The average tuition and fees for an out-of-state undergraduate student at Indiana State are $20,862 a year. The average amount in student loans that insurance majors at Indiana State take out while working on their Bachelor's Degree is $18,863.

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Kent State University at Salem came in at #6 in this year’s edition of the Best Value Insurance Bachelor’s Degree Schools in the Great Lakes Region ranking. Located in the rural area of Salem, Kent State University at Salem is a public college with a small student population.

Kent State University at Salem undergraduate students pay an average of $15,527 in tuition and fees each year. On average, insurance graduates from Kent State University at Salem take out $32,062 in student loans while working on their Bachelor's Degree.

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#7

Northwood University

Midland, MI

Northwood University ranked #7 on this year’s Best Value Insurance Bachelor’s Degree Schools in the Great Lakes Region list. Located in the small city of Midland, Northwood is a private not-for-profit college with a small student population.

Northwood undergraduate students pay an average of $30,520 in tuition and fees each year.

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Ohio State University - Main Campus came in at #8 in this year’s edition of the Best Value Insurance Bachelor’s Degree Schools in the Great Lakes Region ranking. Located in the city of Columbus, Ohio State is a public college with a very large student population.

Out-of-state tuition fees for undergraduate students at Ohio State are $35,019 per year.

In addition to its great value ranking, Ohio State is in the top 20% of all schools on our Best Insurance Bachelor’s Degree Schools in the Great Lakes Region list.

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#9

Ball State University

Muncie, IN

With a ranking of #9, Ball State University did quite well on this year’s best value schools for insurance students working on their bachelor’s degree. Located in the city of Muncie, Ball State is a public school with a very large student population.

The average tuition and fees for an out-of-state undergraduate student at Ball State are $27,524 a year.

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With a ranking of #10, University of Cincinnati - Main Campus did quite well on this year’s best value schools for insurance students working on their bachelor’s degree. UC is a very large public school located in the large city of Cincinnati.

UC undergraduate students pay an average of $27,111 in tuition and fees each year. After completing their Bachelor's Degree, insurance graduates from UC carry an average student debtload of $28,509.

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Best Insurance Colleges by State

Explore the best insurance colleges for a specific state in the Great Lakes region.

State Degrees Awarded
Michigan 39
Ohio 50
Illinois 50
Indiana 100
Wisconsin 129

Insurance is one of 21 different types of programs to choose from.

Majors Similar to Insurance

Related Major Annual Graduates
Business Administration & Management 416,590
Accounting 99,265
Finance & Financial Management 57,778
General Business/Commerce 56,042
Marketing 52,916

Notes and References

*These averages are for the top 15 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 the rest 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).
  • Credit for the banner image above goes to Nick Youngson.

More about our data sources and methodologies.

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