Median Earnings (1yr)
$56,027
51st percentile
Median Debt
$24,710
9% above national median
Debt-to-Earnings
0.44
Manageable
Sample Size
31
Adequate data

Analysis

For anxious parents worried about career-focused degrees that actually pay off, Olivet's insurance program delivers solid middle-of-the-road results. First-year graduates earn $56,027—basically matching the national median—while carrying $24,710 in debt. That debt-to-earnings ratio of 0.44 is actually better than most programs nationally, meaning students aren't overleveraged when they start their careers. Among Michigan's three insurance programs, Olivet sits at the 60th percentile for earnings, which suggests it's performing slightly above the state average.

The earnings trajectory shows healthy 13% growth by year four, reaching $63,422—though this puts graduates right around the national 75th percentile for first-year earners. Insurance is an industry that typically rewards experience and professional licensing, so this steady climb makes sense. The moderate sample size (30-100 graduates) provides reasonable confidence in these numbers without the volatility of very small cohorts.

The practical takeaway: this is a financially sensible path for students interested in insurance. The debt load won't be crushing, starting salaries cover living expenses in most Michigan markets, and there's clear room for income growth. With Olivet's 97% admission rate and high Pell grant enrollment, it's serving as an accessible entry point to a stable, middle-class career. Not flashy, but reliably functional.

Where The University of Olivet Stands

Earnings vs. debt across all insurance bachelors's programs nationally

The University of OlivetOther insurance programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How The University of Olivet graduates compare to all programs nationally

The University of Olivet graduates earn $56k, placing them in the 51th percentile of all insurance bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Michigan

Insurance bachelors's programs at peer institutions in Michigan (3 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
The University of Olivet$56,027$63,422$24,7100.44
National Median$55,819—$22,7280.41

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At The University of Olivet, approximately 42% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.