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.
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2023 Best Value Insurance Schools in Michigan
The following schools top our list of the Best Value Insurance Colleges.
Best Michigan Schools for Affordable Quality in Insurance
Our 2023 rankings named Lansing Community College the best value school in Michigan for insurance students. LCC is a large public school located in the medium-sized city of Lansing.
LCC undergraduate students pay an average of $7,340 in in-state tuition and fees each year.
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 town of Big Rapids.
In-state tuition fees for undergraduate students at Ferris are $13,188 per year.
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 city of Midland, Northwood is a private not-for-profit college with a small student population.
The average tuition and fees for an in-state undergraduate at Northwood are $30,520 a year.
The excellent programs at Olivet College helped the school earn the #4 place on this year’s ranking of the best insurance schools in Michigan. Olivet is a fairly small private not-for-profit school located in the rural area of Olivet.
Olivet undergraduate students pay an average of $31,104 in in-state tuition and fees each 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.
Best 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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