Education Atlas

College Scorecard · field of study · all U.S. colleges

Is an Insurance degree worth the debt?

The figures below lead with the Bachelor's, aggregated across 18 colleges (18 of 18 programs report earnings). Other credential levels are in the table further down.

Median pay · 1 yr after
$52,997

Graduates only, early career.$55,964 two years out.

Median federal debt
$21,000

Federal loans only — not private or Parent PLUS.

Debt vs a year's pay
0.39×

39% of a first year's earnings.

Typical debt is well under a single year's early-career pay.

The college you pick moves this a lot

The middle 50% of Bachelor's programs in Insurance report early-career pay between $49,275 and $54,941 — a spread of $5,666 that depends on the program and who attends it, not the major alone.

25th pct $49,275 median $52,997 75th pct $54,941

By degree level

Each level is a separate decision — more schooling usually means more pay and more debt.

LevelPay · 1yrDebtDebt/pay
Bachelor's 18 colleges $52,997 $21,000 0.39×
Master's 3 colleges $96,878

Where an Bachelor's in this field reports the highest early-career pay

The 15 programs with the highest reported pay one year after completion. This reflects who enrolls and where they live as much as the program itself — it is not a causal quality ranking.

University of Wisconsin-Madison WI $65,571 $20,500 debt
St. John's University-New York NY $61,996 $24,072 debt
Temple University PA $56,967 $24,750 debt
University of North Texas TX $54,961 $19,392 debt
Illinois State University IL $54,880 $19,000 debt
Florida State University FL $53,352 $21,875 debt
University of Georgia GA $53,270 $17,642 debt
University of South Carolina-Columbia SC $53,142 $25,173 debt
Indiana State University IN $52,852
Georgia State University GA $50,544 $21,000 debt
Appalachian State University NC $49,715 $17,875 debt
University of Hartford CT $49,128
University of Louisiana at Monroe LA $48,830 $20,500 debt

What these numbers are — and are not

Every figure here is a median across college programs in Insurance, from the U.S. Dept. of Education College Scorecard. It is not a prediction of what you would earn (your college, effort, and local job market vary enormously — see the spread above), not lifetime earnings (it is measured 1–2 years after completion, early career), not proof the major caused the outcome (who enters a field differs by field — selection, not causation), and not a "best majors" ranking: earnings are one dimension of worth, not the whole of it. Teaching and social work pay far less than the fields at the top of this list and matter enormously. Earnings cover federally-aided completers at programs large enough to report.

Also available: structured data (JSON-LD) · plain text · JSON. Source: U.S. Dept. of Education College Scorecard — Field of Study (2026-06-10 release). · explore this field on the official Scorecard