Best Actuarial Science Degrees

Actuaries play an extremely important role in commerce, and in the insurance industry in particular. Their job is to analyze the potential risk of an investment and assess whether that risk will pose a net loss or gain to the company they work for.

Best Actuarial Science Degrees

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Actuarial Science Degrees Online B.S

Do you do any hang gliding? Base jumping? How about scuba diving?

Okay, we don't really care about the answers to these questions. But if you're an actuary, they're actually pretty important!

Actuaries play an extremely important role in commerce, and in the insurance industry in particular. Their job is to analyze the potential risk of an investment and assess whether that risk will pose a net loss or gain to the company they work for.

In the case of the questions mentioned above, an actuary might need to know about the lifestyle and hobbies of someone their company is offering life insurance to. If a person is a big risk taker, they might not be worth risking a $1 million dollar life insurance policy!

But actuaries don't do just life insurance. Their work is crucial to other sorts of insurance work as well as other forms of investment risk assessment. Actuaries use tools such as calculus and advanced statistics to determine a wide variety of risk factors, and their work is important to executives, governments, shareholders, and clients alike.

High Demand for Actuarial Science

There’s more. Actuaries are in extremely high demand right now, and that demand is set to increase by 18 percent over the next several years, more than double the expectation of all other professions combined. And the median salary for actuaries is just shy of $100,000. If you're into advanced mathematics and are looking for a career, this might be the ticket!

The best place to start is in a good bachelors program in mathematics, actuarial science, or some combination of the two. And that's where we come in. We've compiled a list of the top 35 programs in actuarial science with your needs in mind. The first thing we want to know, like you, is the bottom line: how much is this going to set me back? So we've included the annual tuition for each school right up front for you. We've also included our College Choice Score, which is computed based on each school's reputation in the field and its return on investment. The end result is a list of schools that balance cost, reputation, and, ultimately, what they can do for you and your unique goals. You can't go wrong with any of them, of course, but these schools are leading the way.

The rankings you're about to read are based on a few important sources. The first source is actual college freshman polled during a nationwide survey published by the Higher Education Research Institute at UCLA. These students rated academic reputation, financial aid offerings, overall cost of school, and the survey also took into account graduate success rates on the post-college job market. These factors were weighed equally alongside data from other publicly available sources, including U.S. News & World Report, the National Center for Education Statistics, and PayScale.com.

Rankings of the Top Actuarial Science Degrees

See our rankings methodology page.

#1

Purdue University-Main Campus

School Information
Location West Lafayette, Indiana
Admission Rate 60%
Graduation Rate 82%
Accreditation Yes Higher Learning Commission
Percent Online Enrollment 22% Percentage of all students who are enrolled online.

The bachelor's in actuarial science at Purdue University-Main Campus, a public institution, stands out for its academic quality. Degree-seekers can choose from in-person classes on the West Lafayette, Indiana, campus and online classes. Undergraduates benefit from strong student support services and rigorous academics.

The curriculum incorporates risk management and general education courses. Students complete courses in math, the humanities, and the natural sciences to meet general education requirements. Graduates train for entry-level careers or further education by taking upper-division risk management classes.

Purdue University-Main Campus at a Glance:

Admissions Rate: 60%

Student-to-Faculty Ratio: 13-to-1

Total Bachelor's Programs: 145

Undergrad Tuition In State: $9,208

Undergrad Tuition Out of State: $28,010

Average Amount Aid Awarded: $9,883

Graduation Rate: 82%

Average Graduate Earnings After Six Years: $49,000

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#2

Milwaukee School of Engineering

School Information
Location Milwaukee, Wisconsin
Admission Rate 62%
Graduation Rate 65%
Instituation Type Private
Accreditation Yes Higher Learning Commission
Percent Online Enrollment 6% Percentage of all students who are enrolled online.

Milwaukee School of Engineering offers 22 bachelor's programs, including a bachelor's in actuarial science. Enrollees gain the knowledge and skills required for diverse careers. A bachelor's degree can also lead to higher education opportunities, including master's and doctoral programs.

The curriculum trains learners in the core principles and practices of actuarial science. Undergraduates complete general education courses, gaining widely applicable skills such as writing, communication, and critical thinking. Minors and second majors allow students to explore their other interests.

Incoming degree candidates benefit from the school's strong student services support. For example, career counselors work with learners to determine their professional goals and create a plan to reach them.

Milwaukee School of Engineering at a Glance:

Location: Milwaukee, Wisconsin

Type of School: Private

Admissions Rate: 62%

Undergrad Tuition In State: $40,407

Undergrad Tuition Out of State: $40,407

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#3

Robert Morris University

School Information
Location Pittsburgh, Pennsylvania
Admission Rate 15%
Graduation Rate 90%
Instituation Type Private
Accreditation Yes Middle States Commission on Higher Education
Percent Online Enrollment 6% Percentage of all students who are enrolled online.

The bachelor's in actuarial science at Robert Morris University, a private institution, stands out for its quality. Degree-seekers take classes in person on the Pittsburgh, Pennsylvania, campus and online. Undergraduates benefit from the school's support services, which include academic and career advising.

The program strengthens learners' skills through general education and major courses. The general education curriculum includes courses in diverse academic subjects like the humanities, math, and natural sciences. Degree candidates gain a theoretical and practical understanding of actuarial science, preparing them for the workforce.

Robert Morris University at a Glance:

Admissions Rate: 15%

Student-to-Faculty Ratio: 5-to-1

Total Bachelor's Programs: 133

Undergrad Tuition In State: $55,816

Undergrad Tuition Out of State: $55,816

Graduation Rate: 90%

Average Graduate Earnings After Six Years: $84,000

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#4

The Ohio State University-Main Campus

School Information
Location Columbus, Ohio
Admission Rate 54%
Graduation Rate 86%
Accreditation Yes Higher Learning Commission
Percent Online Enrollment 34% Percentage of all students who are enrolled online.

A public college, The Ohio State University-Main Campus offers a top-rated bachelor of science in actuarial science. Degree-seekers take classes online and on the Columbus campus. The school's flexible course options and comprehensive support services appeal to many undergraduates.

The curriculum incorporates general education and major courses to build in-demand knowledge and skills. STEM, social science, and humanities classes make up the general education curriculum. Major courses introduce theoretical and practical approaches to the field, preparing graduates to enter the workforce or pursue further education.

The Ohio State University-Main Campus at a Glance:

Admissions Rate: 54%

Student-to-Faculty Ratio: 19-to-1

Total Bachelor's Programs: 155

Total Online Bachelor's Programs: 2

Undergrad Tuition In State: $10,197

Undergrad Tuition Out of State: $31,174

Average Amount Aid Awarded: $8,176

Graduation Rate: 86%

Average Graduate Earnings After Six Years: $41,500

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#5

Temple University

School Information
Location Philadelphia, Pennsylvania
Admission Rate 60%
Graduation Rate 74%
Accreditation Yes Middle States Commission on Higher Education
Percent Online Enrollment 21% Percentage of all students who are enrolled online.

The bachelor of business administration in actuarial science at Temple University, a public institution, ranks high for academic quality. The school, located in Philadelphia, Pennsylvania, offers both in-person and online classes. Undergraduates benefit from flexible course options and comprehensive college support services.

The curriculum includes risk management and general education courses. Students take humanities, math, and communication classes as part of the general education curriculum. Graduates train for entry-level careers or further education by taking upper-division risk management classes.

Temple University at a Glance:

Admissions Rate: 60%

Student-to-Faculty Ratio: 13-to-1

Total Bachelor's Programs: 137

Total Online Bachelor's Programs: 6

Undergrad Tuition In State: $16,080

Undergrad Tuition Out of State: $28,992

Average Amount Aid Awarded: $8,964

Graduation Rate: 74%

Average Graduate Earnings After Six Years: $42,200

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#6

University of Pennsylvania

School Information
Location Philadelphia, Pennsylvania
Admission Rate 8%
Graduation Rate 96%
Instituation Type Private
Accreditation Yes Middle States Commission on Higher Education
Percent Online Enrollment 6% Percentage of all students who are enrolled online.

University of Pennsylvania offers 93 bachelor's programs, including a bachelor's in actuarial science that prioritizes flexibility. Students gain the knowledge and skills required for diverse careers. Bachelor's degree-holders can also apply to master's programs, which may open up additional career opportunities.

The curriculum includes introductory risk management classes and upper-division courses. In addition to major coursework, undergraduates take general education classes that strengthen critical thinking skills. Learners can explore other academic and professional interests by declaring a minor or a second major.

The school's student services help incoming degree candidates integrate into the larger campus community. For example, academic advisors work with students to transfer credits into the school and select courses.

University of Pennsylvania at a Glance:

Location: Philadelphia, Pennsylvania

Type of School: Private

Admissions Rate: 8%

Total Online Bachelor's Programs: 1

Undergrad Tuition In State: $51,156

Undergrad Tuition Out of State: $51,156

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#7

Florida State University

School Information
Location Tallahassee, Florida
Admission Rate 36%
Graduation Rate 83%
Accreditation Yes Southern Association of Colleges and Schools Commission on Colleges
Percent Online Enrollment 47% Percentage of all students who are enrolled online.

Florida State University offers 95 bachelor's degrees, including its bachelor's in actuarial science. Learners gain broad knowledge and skills that prepare them for entry- and mid-level careers. Graduates can also apply to master's programs to continue their education.

The curriculum introduces foundational and advanced principles in actuarial science. Undergraduates also take general education courses, which strengthen communication, analytical, and critical thinking skills. Students can complement their degree with a minor or second major.

The school's student services help incoming degree candidates thrive in their bachelor's program. For example, career counselors help enrollees identify strengths and plan for the job market.

Florida State University at a Glance:

Location: Tallahassee, Florida

Type of School: Public

Admissions Rate: 36%

Undergrad Tuition In State: $4,640

Undergrad Tuition Out of State: $19,084

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#8

University of Wisconsin-Madison

School Information
Location Madison, Wisconsin
Admission Rate 54%
Graduation Rate 88%
Accreditation Yes Higher Learning Commission
Percent Online Enrollment 18% Percentage of all students who are enrolled online.

University of Wisconsin-Madison, a public institution, offers a top-ranking bachelor's in actuarial science. Degree-seekers can choose from in-person and online classes. The school's flexible course options, along with high academic standards, meet the needs of many undergraduates.

The curriculum incorporates general education and major courses to build in-demand knowledge and skills. Social science, humanities, and STEM classes complement the courses in the actuarial science major. Degree candidates gain a theoretical and practical understanding of the field, preparing them for the workforce.

University of Wisconsin-Madison at a Glance:

Admissions Rate: 54%

Student-to-Faculty Ratio: 17-to-1

Total Bachelor's Programs: 128

Total Online Bachelor's Programs: 1

Undergrad Tuition In State: $9,273

Undergrad Tuition Out of State: $36,333

Average Amount Aid Awarded: $9,754

Graduation Rate: 88%

Average Graduate Earnings After Six Years: $49,600

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#9

The University of Texas at Dallas

School Information
Location Richardson, Texas
Admission Rate 79%
Graduation Rate 70%
Accreditation Yes Southern Association of Colleges and Schools Commission on Colleges
Percent Online Enrollment 19% Percentage of all students who are enrolled online.

The University of Texas at Dallas offers 46 bachelor's degrees, including a bachelor of science in actuarial science that stands out for its quality. Enrollees gain  knowledge and skills that prepare them for many careers. Bachelor's graduates also meet the requirements for master's programs.

The curriculum trains learners in the core principles and practices of actuarial science. Undergraduates also complete general education requirements, which strengthen analytical and critical thinking skills. Students can complement their program with a minor or second major.

Student services supports incoming degree candidates academically and socially. For example, financial aid counselors work with enrollees to determine sources of educational funding such as grants, scholarships, and loans.

The University of Texas at Dallas at a Glance:

Location: Richardson, Texas

Type of School: Public

Admissions Rate: 79%

Undergrad Tuition In State: $13,442

Undergrad Tuition Out of State: $38,168

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#10

SUNY at Albany

School Information
Location Albany, New York
Admission Rate 54%
Graduation Rate 63%
Accreditation Yes Middle States Commission on Higher Education
Percent Online Enrollment 19% Percentage of all students who are enrolled online.

SUNY at Albany offers a bachelor of science in actuarial and mathematical sciences as one of its 64 bachelor's degrees. This program incorporates knowledge and skills that prepare students for many careers. After earning a bachelor's degree, graduates can also continue their education by applying to master's or doctoral programs.

The curriculum covers foundational concepts and methods in actuarial science. Undergraduates complete general education courses, gaining widely applicable skills such as writing, communication, and critical thinking. Minors and second majors let degree-seekers explore their other interests.

The school's student services provide support for incoming degree candidates. For example, financial aid counselors meet with students to identify their financial need and suggest funding sources.

SUNY at Albany at a Glance:

Location: Albany, New York

Type of School: Public

Admissions Rate: 54%

Total Online Bachelor's Programs: 1

Undergrad Tuition In State: $7,070

Undergrad Tuition Out of State: $24,660

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#11

CUNY Bernard M. Baruch College

School Information
Location New York, New York
Admission Rate 43%
Graduation Rate 70%
Accreditation Yes Middle States Commission on Higher Education
Percent Online Enrollment 7% Percentage of all students who are enrolled online.

The bachelor's in actuarial science at CUNY Bernard M. Baruch College, a public institution, ranks among the best programs of its kind. Degree-seekers take classes in person on the New York campus and online. Undergraduates participate in rigorous academic programs and benefit from comprehensive support services.

Enrollees earn a bachelor's degree after taking actuarial science and general education courses. The general education curriculum strengthens communication and critical thinking skills through coursework in diverse academic fields. The actuarial science curriculum covers theoretical and advanced topics, preparing graduates for the workforce or further education.

CUNY Bernard M. Baruch College at a Glance:

Admissions Rate: 43%

Student-to-Faculty Ratio: 19-to-1

Total Bachelor's Programs: 45

Undergrad Tuition In State: $6,930

Undergrad Tuition Out of State: $14,880

Average Amount Aid Awarded: $9,731

Graduation Rate: 70%

Average Graduate Earnings After Six Years: $47,500

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#12

New York University

School Information
Location New York, New York
Admission Rate 16%
Graduation Rate 85%
Instituation Type Private
Accreditation Yes Middle States Commission on Higher Education
Percent Online Enrollment 10% Percentage of all students who are enrolled online.

New York University offers 137 bachelor's programs, including a bachelor's in actuarial science. Learners gain broad knowledge and skills that prepare them for entry- and mid-level careers. Bachelor's graduates can also continue their education by applying to master's or doctoral programs.

The curriculum covers core and advanced topics in actuarial science. In addition to major coursework, undergraduates take general education classes that strengthen their critical thinking skills. Students can explore other academic and professional interests by declaring a minor or a second major.

Incoming degree candidates receive strong support from the school's student services. For example, career counselors connect learners with job fairs and internship opportunities.

New York University at a Glance:

Location: New York, New York

Type of School: Private

Admissions Rate: 16%

Total Online Bachelor's Programs: 4

Undergrad Tuition In State: $50,684

Undergrad Tuition Out of State: $50,684

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#13

Binghamton University

School Information
Location Vestal, New York
Admission Rate 41%
Graduation Rate 82%
Accreditation Yes Middle States Commission on Higher Education
Percent Online Enrollment 6% Percentage of all students who are enrolled online.

Binghamton University enrolls undergraduates in 81 bachelor's programs, including its bachelor's in actuarial science program. Students gain the knowledge and skills required for diverse careers. Bachelor's graduates can also pursue higher degrees to specialize their training.

The curriculum introduces core topics and methods. Undergraduates also gain communication, writing, and critical thinking skills in general education courses. Minors and double majors let enrollees explore their other academic and professional interests.

Student services support incoming degree candidates academically and socially. For example, career counselors connect learners with job fairs and internship opportunities.

Binghamton University at a Glance:

Location: Vestal, New York

Type of School: Public

Admissions Rate: 41%

Undergrad Tuition In State: $7,070

Undergrad Tuition Out of State: $24,660

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#14

University of Connecticut

School Information
Location Storrs, Connecticut
Admission Rate 49%
Graduation Rate 84%
Accreditation Yes New England Commission on Higher Education
Percent Online Enrollment 14% Percentage of all students who are enrolled online.

A public college, University of Connecticut offers a top-rated bachelor's in actuarial science. Degree-seekers take classes online and on the Storrs campus. Undergraduates benefit from rigorous academic standards and comprehensive college support services.

Enrollees take major and general education courses to complete their degree. Social sciences, STEM, and humanities classes meet the general education graduation requirements. Major courses introduce theoretical and practical approaches to the field, preparing graduates to enter the workforce or pursue further education.

University of Connecticut at a Glance:

Admissions Rate: 49%

Student-to-Faculty Ratio: 16-to-1

Total Bachelor's Programs: 113

Undergrad Tuition In State: $13,798

Undergrad Tuition Out of State: $36,466

Average Amount Aid Awarded: $11,971

Graduation Rate: 84%

Average Graduate Earnings After Six Years: $49,800

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#15

CUNY Queens College

School Information
Location Queens, New York
Admission Rate 49%
Graduation Rate 56%
Accreditation Yes Middle States Commission on Higher Education
Percent Online Enrollment 3% Percentage of all students who are enrolled online.

The bachelor's in actuarial studies program at CUNY Queens College is one of the school's 85 bachelor's programs. Graduates can pursue many careers after earning this degree. Degree-holders also meet the requirements for master's and doctoral programs.

The curriculum covers core and advanced topics in actuarial studies. Undergraduates gain communication, writing, and critical thinking skills in general education courses. Students can complement their degree with a minor or second major.

Incoming degree candidates receive strong support from the school's student services. For example, academic advisors work with learners to make a graduation plan that accounts for transfer credits.

CUNY Queens College at a Glance:

Location: Queens, New York

Type of School: Public

Admissions Rate: 49%

Undergrad Tuition In State: $6,930

Undergrad Tuition Out of State: $14,880

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#16

Georgia State University

School Information
Location Atlanta, Georgia
Admission Rate 76%
Graduation Rate 55%
Accreditation Yes Southern Association of Colleges and Schools Commission on Colleges
Percent Online Enrollment 5% Percentage of all students who are enrolled online.

The BBA in actuarial science program at Georgia State University prioritizes accessibility in its course options. Learners develop the knowledge and skills required for diverse careers. Graduates can also pursue a master's degree or a doctorate, which can open up additional career paths.

The curriculum includes introductory actuarial science classes and upper-division courses. Undergraduates complete general education courses that strengthen communication, writing, and critical thinking skills. Electives, minors, and double majors let students explore other academic and professional interests.

Incoming degree candidates receive strong support from the school's student services. For example, career counselors connect enrollees with job fairs and internship opportunities.

Georgia State University at a Glance:

Location: Atlanta, Georgia

Type of School: Public

Admissions Rate: 76%

Undergrad Tuition In State: $7,158

Undergrad Tuition Out of State: $22,389

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#17

Texas Christian University

School Information
Location Fort Worth, Texas
Admission Rate 47%
Graduation Rate 83%
Instituation Type Private
Accreditation Yes Southern Association of Colleges and Schools Commission on Colleges
Percent Online Enrollment 3% Percentage of all students who are enrolled online.

The bachelor's in actuarial science at Texas Christian University, a private institution, stands out for its quality. The school offers online classes and in-person classes located on its Fort Worth campus. Undergraduates benefit from strong student support services and rigorous academics.

The curriculum includes general education and major courses that emphasize key skills and knowledge. Students gain an understanding of diverse academic fields through the general education curriculum. Advanced actuarial science courses cover theoretical and practical topics, preparing graduates for the workforce or a higher degree.

Texas Christian University at a Glance:

Admissions Rate: 47%

Student-to-Faculty Ratio: 13-to-1

Total Bachelor's Programs: 106

Undergrad Tuition In State: $49,160

Undergrad Tuition Out of State: $49,160

Graduation Rate: 83%

Average Graduate Earnings After Six Years: $50,300

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#18

Concordia University-Wisconsin

School Information
Location Mequon, Wisconsin
Admission Rate 64%
Graduation Rate 64%
Instituation Type Private
Accreditation Yes Higher Learning Commission
Percent Online Enrollment 39% Percentage of all students who are enrolled online.

Concordia University-Wisconsin offers 76 bachelor's degrees, including the top-ranked bachelor of science in actuarial science. With this degree, graduates bring the knowledge and skills required for careers in diverse industries. Bachelor's degree-holders can also pursue higher degrees to specialize their training.

The curriculum introduces foundational and advanced principles in actuarial science. General education courses emphasize in-demand skills like communication, writing, and critical thinking. Students gain a well-rounded education by declaring a minor or second major.

Incoming degree candidates can expect strong college support whether they enroll on campus or online. For example, financial aid counselors recommend scholarships while academic advisors suggest course options.

Concordia University-Wisconsin at a Glance:

Location: Mequon, Wisconsin

Type of School: Private

Admissions Rate: 64%

Total Online Bachelor's Programs: 12

Undergrad Tuition In State: $30,060

Undergrad Tuition Out of State: $30,060

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#19

Michigan State University

School Information
Location East Lansing, Michigan
Admission Rate 71%
Graduation Rate 81%
Accreditation Yes Higher Learning Commission
Percent Online Enrollment 26% Percentage of all students who are enrolled online.

Michigan State University offers 119 bachelor's degrees, including the top-ranked bachelor's in actuarial science. This degree prepares students for careers in diverse fields. A bachelor's degree also prepares graduates for master's and doctoral programs.

The curriculum introduces core actuarial science topics and methods. Undergraduates also gain research, writing, and communication skills through general education requirements. Minors and double majors let students explore their other academic and professional interests.

Incoming degree candidates receive strong support from the school's student services. For example, financial aid counselors meet with enrollees to identify their financial need and suggest funding sources.

Michigan State University at a Glance:

Location: East Lansing, Michigan

Type of School: Public

Admissions Rate: 71%

Undergrad Tuition In State: $15,555

Undergrad Tuition Out of State: $40,384

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#20

University of California, Santa Barbara

School Information
Location Santa Barbara, California
Admission Rate 30%
Graduation Rate 83%
Accreditation Yes Western Association of Schools and Colleges Senior Colleges and University Commission
Percent Online Enrollment 2% Percentage of all students who are enrolled online.

The bachelor's in actuarial science at University of California, Santa Barbara, a public institution, earns top marks. Degree-seekers can choose from in-person and online enrollment options. Undergraduates benefit from comprehensive support services, including academic and career advising.

The curriculum incorporates general education and major courses to build in-demand knowledge and skills. Social sciences, STEM, and humanities classes meet the general education graduation requirements. Advanced actuarial science courses cover theoretical and practical subjects, training graduates for entry-level careers or further education.

University of California, Santa Barbara at a Glance:

Admissions Rate: 30%

Student-to-Faculty Ratio: 18-to-1

Total Bachelor's Programs: 77

Undergrad Tuition In State: $11,442

Undergrad Tuition Out of State: $41,196

Average Amount Aid Awarded: $19,520

Graduation Rate: 83%

Average Graduate Earnings After Six Years: $42,800

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