2023 Best Value Insurance Schools in Michigan
Identifying Quality Schools at More Affordable Prices
Finding the Best Insurance School for You
In 2020-2021, 39 degrees and certificates were awarded to insurance students who went to a Michigan college or university. This makes it the #199 most popular major in the state.
There are lots of options to pick from today when trying to decide which program is right for you. As online education oppotunities continue to grow, you're not restricted to just schools in your local area anymore. Even some of the 'big name' schools are offering online courses. Also, there are a number of trade schools with offerings that you might find attractive.
To help you arm yourself with the information you need to make your decision, Course Advisor has developed this Best Value Insurance Schools in Michigan ranking. Our analysis looked at 4 schools in Michigan to see which programs offered the best value experiences for insurance students with the aim of identifying those quality schools that are more affordable than some of their counterparts.
When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. 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.
Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. Average in-state tuition and fees are used for our statewide rankings.
Best Michigan Schools for Affordable Quality in Insurance
Our analysis found Lansing Community College to be the best value school for insurance students who want to pursue a degree in Michigan. LCC is a fairly large public school located in the city of Lansing.
In-state tuition fees for undergraduate students at LCC are $7,340 per year.
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The excellent programs at Ferris State University helped the school earn the #2 place on this year’s ranking of the best insurance schools in Michigan. Ferris is a fairly large public school located in the distant town of Big Rapids.
The average tuition and fees for an in-state undergraduate at Ferris are $13,188 a year.
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You’ll join some of the best and brightest minds around you if you attend Northwood University. The school came in at #3 on this year’s Best Value Insurance Schools in Michigan list. Located in the small city of Midland, Northwood is a private not-for-profit school with a small student population.
In-state tuition fees for undergraduate students at Northwood are $30,520 per year.
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Out of the 4 schools in Michigan that were part of this year’s ranking, Olivet College landed the # 4 spot on the list. Olivet is a small private not-for-profit school located in the rural area of Olivet.
The average tuition and fees for an in-state undergraduate at Olivet are $31,104 a year. On average, insurance graduates from Olivet take out $27,000 in student loans while working on their degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $203.
Full Insurance at Olivet College Report
Request InformationBest Value Insurance Colleges in the Great Lakes Region
Explore all the Best Value Insurance Schools in the Great Lakes Area or other specific states within that region.
| State | Degrees Awarded |
|---|---|
| Ohio | 50 |
| Illinois | 50 |
| Indiana | 100 |
| Wisconsin | 129 |
More Insurance Rankings in Michigan
Insurance Related Majors for Insurance
Insurance is one of 21 different types of programs to choose from.
Most Popular Majors Related 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 4 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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