Median Earnings (1yr)
$56,027
51st percentile
Median Debt
$24,710
9% above national median

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

School1 Year4 YearsGrowth
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

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
The University of OlivetOlivet$33,076$56,027$63,422$24,7100.44
University of Wisconsin-MadisonMadison$11,205$78,796$96,327$20,5000.26
St. John's University-New YorkQueens$50,110$70,752$85,642$24,1250.34
Saint Joseph's University - PhiladelphiaPhiladelphia$51,340$66,523$78,262$23,0160.35
Temple UniversityPhiladelphia$22,082$66,080$78,623$26,0000.39
University of GeorgiaAthens$11,180$64,131$76,315$22,3940.35
National Median$55,819$22,7280.41

Career Paths

Occupations commonly associated with insurance graduates

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

$79,880/yrJobs growth:Bachelor's degree

Compensation, Benefits, and Job Analysis Specialists

Conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.

$77,020/yrJobs growth:Bachelor's degree

Claims Adjusters, Examiners, and Investigators

Review settled claims to determine that payments and settlements are made in accordance with company practices and procedures. Confer with legal counsel on claims requiring litigation. May also settle insurance claims.

$76,790/yrJobs growth:

Insurance Appraisers, Auto Damage

Appraise automobile or other vehicle damage to determine repair costs for insurance claim settlement. Prepare insurance forms to indicate repair cost or cost estimates and recommendations. May seek agreement with automotive repair shop on repair costs.

$76,790/yrJobs growth:

Insurance Sales Agents

Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.

$60,370/yrJobs growth:High school diploma or equivalent

Appraisers of Personal and Business Property

Appraise and estimate the fair value of tangible personal or business property, such as jewelry, art, antiques, collectibles, and equipment. May also appraise land.

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.