Question 1

What is the starting salary for Actuarial Science graduates in Charleston?

Accepted Answer

The estimated starting salary for Actuarial Science graduates in Charleston, SC is $51,500 per year, adjusted for the local cost of living index of 103. The national average starting salary for this major is $50,000. Salaries in Charleston are 3% higher than the national average due to cost of living differences.

Question 2

Is a Actuarial Science degree worth it in Charleston?

Accepted Answer

A Actuarial Science degree in Charleston has an estimated ROI payback period of 6.7 years, with a projected lifetime return of $978,416 after subtracting education costs. With 9 colleges in the area and average public tuition of $13,659/year, Charleston offers affordable options for this degree. The local unemployment rate of 6.2% and the major's national unemployment rate of 1.8% should also factor into your decision.

Question 3

How much does it cost to study Actuarial Science in Charleston?

Accepted Answer

The average annual public university tuition in Charleston is $13,659, while private universities average $29,969/year. Including room and board ($12,112/year), total 4-year costs range from $103,084 at a public school to $168,324 at a private institution. Average financial aid per student in Charleston is $7,774/year.

Question 4

What jobs can Actuarial Science graduates get in Charleston?

Accepted Answer

Actuarial Science graduates in Charleston can pursue careers as Actuary, Risk Analyst, Insurance Underwriter. Key skills valued by local employers include Probability, Risk Assessment, Financial Modeling, VBA/Excel. The Charleston job market features Tech companies, Research labs, Government agencies among the top hiring sectors for this field. National top employers include Aon, Mercer, Milliman.

Question 5

How long to pay off student loans for Actuarial Science in Charleston?

Accepted Answer

With a standard 10-year repayment plan at 6.5% interest, Actuarial Science graduates in Charleston would pay $1,170/month on an estimated $103,084 in loans, with $37,376 in total interest. An aggressive 5-year plan would require $2,017/month but save $19,442 in interest. With a COL-adjusted starting salary of $51,500, monthly payments would represent 27% of gross monthly income.

Actuarial Science Degree in Charleston, SC — Salary & ROI 2026

Actuarial Science in Charleston, SC Overview

Actuarial Science Salary in Charleston (COL-Adjusted)

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Student Loan Payoff for Actuarial Science in Charleston

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Colleges in Charleston for Actuarial Science

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Actuarial Science in Nearby South Carolina Cities

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