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Insurance: degree ROI, salary & best colleges

Bachelor's · CIP 5217 · ~1,398 graduates/yr · 53 programs

The verdict

Insurance graduates earn a median $88,472 four years after finishing — $40,112/yr above the $48,360 high-school baseline. At a typical $16,906/yr net price ($67,624 over four years), that pays back in about 1.7 years. Federal data pools 53 bachelor's programs graduating roughly 1,398 students a year. (Scorecard field-of-study, 2026 · our math.)

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Insurance ranks #28 of 202 bachelor's fields by earnings — pays more than 87% of majors.

Pays more than 87% of majors#28 of 202
Lowest-payingHighest-paying
$88,472
Median earnings, 4 yrs out
Scorecard, 2026
$78,796
Median earnings, 1 yr out
Scorecard, 2026
$40,112
Premium over HS baseline
Our math, 2026
1.7 yrs
Payback at median price
Our math, 2026
Colleges with the strongest Insurance earnings

College Scorecard field-of-study (2026), program-level median earnings for this CIP · our ranking.

How we compute this. Earnings are the national median for graduates of this field measured 1 and 4 years after completion (Scorecard field-of-study, bachelor's). Premium = 4-year earnings − the $48,360 high-school baseline. Payback = a representative 4-year net cost (median college net price × 4) ÷ premium. Field medians blend every school — a specific program can pay far more or less. Full method on the methodology page; the field ranking is on ROI by major.

Insurance: frequently asked questions

Is a Insurance degree worth it?
On national medians, yes. Insurance graduates earn a median $88,472 four years after finishing — $40,112/yr above the $48,360 high-school baseline — so a typical $67,624 four-year net cost pays back in about 1.7 years.
How much do Insurance graduates earn?
A median $88,472 four years after completing the degree, and $78,796 one year out (Scorecard field-of-study, bachelor's). That pools 53 programs and roughly 1,398 graduates a year.
What is the payback on a Insurance degree?
About 1.7 years at a typical $16,906/yr net price — we divide the $67,624 four-year cost by the $40,112/yr earnings premium over the high-school baseline.
Which colleges are best for a Insurance degree?
By graduate earnings, University of Wisconsin-Madison, St. John's University-New York, Saint Joseph's University - Philadelphia lead among the programs we track. The full ranked list is above, each linked to its ROI profile.