DegreeCalc

Actuarial Science Degree in Fort Wayne, IN — Salary & ROI 2026

Actuarial Science degree analysis for Fort Wayne, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$52K

COL-adjusted

Mid-Career

$124K

COL-adjusted

ROI Payback

5.4 yrs

in Fort Wayne

Cost of Living

103

index (100 = avg)

Actuarial Science in Fort Wayne, IN Overview

Fort Wayne is one of Indiana's top college towns, with 24 institutions and a student population of 17,119. Public tuition averages $8,380/year here — well below the national average, making it a cost-effective choice. Actuarial Science enrollment is stable nationwide, with steady demand for graduates skilled in Probability and Risk Assessment. The adjusted starting salary in Fort Wayne is approximately $51,500, growing to $123,600 by mid-career.

Category

STEM

Local Colleges

24

Public Tuition

$8,380/yr

Private Tuition

$30,416/yr

Room & Board

$12,588/yr

Avg Fin. Aid

$16,185/yr

Unemployment

5.7%

Graduation Rate

68%

Actuarial Science Salary in Fort Wayne (COL-Adjusted)

Salaries adjusted for Fort Wayne's cost of living index of 103 (national average = 100).

Entry Level (0-2 yrs)
$51,500(+$1,500 vs national)
Mid Career (5-9 yrs)
$123,600(+$3,600 vs national)
Senior Level (15+ yrs)
$159,650(+$4,650 vs national)

Note: National average Actuarial Science salary: $50,000 starting, $120,000 mid-career, $155,000 senior level.Fort Wayne adjustment factor: 1.03x based on the local cost of living index.

Actuarial Science ROI Calculator for Fort Wayne

Estimate your return on investment for a Actuarial Science degree using local Fort Wayne tuition and cost of living data.

Public avg: $8,380 | Private avg: $30,416

Fort Wayne avg aid: $16,185/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$83,872

tuition + room & board - aid

Annual Earnings Premium

$15,450

vs HS diploma in Fort Wayne

ROI Payback Period

5.4 years

to break even

Lifetime Return in Fort Wayne

$997,628

Lifetime earnings premium ($1,081,500) minus total education cost ($83,872)

Student Loan Payoff for Actuarial Science in Fort Wayne

Standard Plan (10 years)

Loan Amount$83,872
Monthly Payment$952
Total Interest$30,410
% of Monthly Income22%

Aggressive Plan (5 years)

Loan Amount$83,872
Monthly Payment$1,641
Total Interest$14,591
Interest Savings$15,819

Colleges in Fort Wayne for Actuarial Science

Purdue University Fort Wayne

public

$8,380/yr

$33,520 total

Community Colleges (2-Year Transfer)

Ivy Tech Community College Fort Wayne

$4,540/yr

Top Employers for Actuarial Science in Fort Wayne

Fort Wayne offers opportunities in Tech companies, Research labs, Government agencies for Actuarial Science graduates. National top employers in this field include:

AonMercerMillimanDeloitteMetLife

Key Fort Wayne Hiring Sectors for STEM

Tech companies

Research labs

Government agencies

Startups

Consulting firms

Common Actuarial Science Job Titles

ActuaryRisk AnalystInsurance Underwriter

Methodology & Education Data Sources

How we calculate Actuarial Science degree outcomes in Fort Wayne, IN: Our salary projections, ROI estimates, and tuition data combine multiple federal datasets to provide a localized view of education economics. We use a 10-year career-trajectory model standard in higher education research.

  1. Tuition data sourced from IPEDS (Integrated Postsecondary Education Data System), the federal education statistics database operated by NCES. Average tuition for Actuarial Science programs reflects 4-year public/private weighted averages for Indiana.
  2. Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Fort Wayne using regional CPI data.
  3. 10-year ROI calculates: (Total Career Earnings With Degree) − (Total Career Earnings Without Degree) − (Total Education Cost Including Interest on Loans).
  4. Job market outlook for Actuarial Science graduates uses BLS Occupational Outlook Handbook 10-year projections (2024-2034 base period).
  5. Default rates and loan data sourced from College Scorecard (US Department of Education), which tracks repayment outcomes by institution.

Authoritative US education data sources:

Education Disclaimer: Salary and ROI estimates are projections based on national and state-level averages. Individual outcomes depend on institution prestige, GPA, internships, location, network, and economic conditions. Always verify current tuition with the institution directly, and consult a financial aid counselor before taking on student loans. Use the Federal Loan Simulator to model repayment scenarios.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS & BLS data current as of latest annual release

Financial Aid Resources for Fort Wayne Students

Beyond federal aid (FAFSA), Indiana students have access to state-specific grants, scholarships, and tuition assistance programs. The 2026-27 FAFSA also added a new Low Earnings Indicator (Dec 2025) flagging programs where graduates earn less than non-college peers — check your target school's status:

📋 Federal Aid (FAFSA)

Pell Grant up to $7,395/yr (2026-27). Subsidized loans at 6.53% (academic year 25-26):

🏛️ State Grants (Indiana)

State-specific grants stack with federal aid:

🎓 College Outcomes Data

Verify earnings + debt before enrolling:

💰 Scholarship Search

Free, official, scam-free scholarship databases:

2026-27 FAFSA tip: The new Low Earnings Indicator flags programs where graduates earn less than non-graduates. Check this before enrolling. Speak with a NASFAA-credentialed financial aid counselor at your target school.

Actuarial Science Degree in Fort Wayne — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Actuarial Science ROI in other cities, or explore other majors in Fort Wayne.

Frequently Asked Questions

Related Calculators