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
Earnings Distribution
How The University of Olivet graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| The University of Olivet | $56,027 | $63,422 | +13% |
| University of Wisconsin-Madison | $78,796 | $96,327 | +22% |
| St. John's University-New York | $70,752 | $85,642 | +21% |
| Temple University | $66,080 | $78,623 | +19% |
| Florida State University | $61,071 | $78,449 | +28% |
Compare to Similar Programs Nationally
Insurance bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $33,076 | $56,027 | $63,422 | $24,710 | 0.44 | |
| $11,205 | $78,796 | $96,327 | $20,500 | 0.26 | |
| $50,110 | $70,752 | $85,642 | $24,125 | 0.34 | |
| $51,340 | $66,523 | $78,262 | $23,016 | 0.35 | |
| $22,082 | $66,080 | $78,623 | $26,000 | 0.39 | |
| $11,180 | $64,131 | $76,315 | $22,394 | 0.35 | |
| National Median | — | $55,819 | — | $22,728 | 0.41 |
Career Paths
Occupations commonly associated with insurance graduates
Compensation and Benefits Managers
Business Teachers, Postsecondary
Insurance Underwriters
Compensation, Benefits, and Job Analysis Specialists
Claims Adjusters, Examiners, and Investigators
Insurance Appraisers, Auto Damage
Insurance Sales Agents
Appraisers of Personal and Business Property
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.