# The University of Olivet: Insurance (bachelor's)

Olivet, MI. IPEDS 171599, CIP 52.17. Page: https://educationguide.com/colleges/the-university-of-olivet/majors/insurance

## Graduate outcomes
- Median earnings 1 year after graduating: $56,027
- Median earnings 4 years after graduating: $62,740 (U.S. median for this major: $89,343 across 21 colleges)
- Median federal loan debt: $24,710 (U.S. median $22,957)
- Rank in MI: 1 of 1 colleges by 4-year earnings
- Versus the U.S. median: -$26,603

## Cost to finish and years to pay back (EducationGuide calculation)
School-wide net price x 4.29 years (average time graduates took). Earnings gain = $62,740 minus $33,411 for high school graduates ages 25-34 in MI (Census ACS 2020-2024).

| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| 0-30k | $19,656 | $84,324 | 2.9 years |
| 30-48k | $20,442 | $87,696 | 3.0 years |
| 48-75k | $20,564 | $88,220 | 3.0 years |
| 75-110k | $21,730 | $93,222 | 3.2 years |
| 110k+ | $24,068 | $103,252 | 3.5 years |

Method: https://educationguide.com/how-we-score#value

## Insurance at MI colleges
| College | Earnings 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|
| The University of Olivet | $62,740 | $24,710 | $21,393 | 35% |

## Careers
- Insurance underwriter (SOC 13-2053): median wage $75,140 Lansing-East Lansing, MI, $77,380 MI, $81,370 U.S.; U.S. jobs -3.8% by 2035
- Compensation, Benefits, and Job Analysis Specialists (SOC 13-1141): median wage $77,620 Lansing-East Lansing, MI, $79,480 MI, $78,210 U.S.; U.S. jobs 6% by 2035
- Compensation and Benefits Managers (SOC 11-3111): median wage not reported Lansing-East Lansing, MI, $151,620 MI, $149,230 U.S.; U.S. jobs 1.1% by 2035

## Sources and years
- Earnings (4 yr): Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars; debt: NSLDS pooled AY2018-19, AY2019-20 cohort

Free to reuse with attribution: cite "EducationGuide.com" with a link to the page URL. Most figures are U.S. government data (public domain); loan default rates and athletics come from the Urban Institute Education Data Portal (ODC-By 1.0, attribution required) and founding years from Wikidata (CC0).