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Actuarial Science Degree in Joliet, IL — Salary & ROI 2026

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

Starting Salary

$54K

COL-adjusted

Mid-Career

$130K

COL-adjusted

ROI Payback

5.4 yrs

in Joliet

Cost of Living

108

index (100 = avg)

Actuarial Science in Joliet, IL Overview

Joliet, Illinois (pop. 150,362) has 12 colleges offering Actuarial Science programs. The local cost of living index of 108 is near the national average, with average rent near campus at $880/month. Actuarial Science enrollment is stable nationwide, with steady demand for graduates skilled in Probability and Risk Assessment. The adjusted starting salary in Joliet is approximately $54,000, growing to $129,600 by mid-career.

Category

STEM

Local Colleges

12

Public Tuition

$8,958/yr

Private Tuition

$36,980/yr

Room & Board

$13,014/yr

Avg Fin. Aid

$7,482/yr

Unemployment

4.2%

Graduation Rate

70%

Actuarial Science Salary in Joliet (COL-Adjusted)

Salaries adjusted for Joliet's cost of living index of 108 (national average = 100).

Entry Level (0-2 yrs)
$54,000(+$4,000 vs national)
Mid Career (5-9 yrs)
$129,600(+$9,600 vs national)
Senior Level (15+ yrs)
$167,400(+$12,400 vs national)

Note: National average Actuarial Science salary: $50,000 starting, $120,000 mid-career, $155,000 senior level.Joliet adjustment factor: 1.08x based on the local cost of living index.

Actuarial Science ROI Calculator for Joliet

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

Public avg: $8,958 | Private avg: $36,980

Joliet avg aid: $7,482/yr

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

Total Education Cost

$87,888

tuition + room & board - aid

Annual Earnings Premium

$16,200

vs HS diploma in Joliet

ROI Payback Period

5.4 years

to break even

Lifetime Return in Joliet

$1,046,112

Lifetime earnings premium ($1,134,000) minus total education cost ($87,888)

Student Loan Payoff for Actuarial Science in Joliet

Standard Plan (10 years)

Loan Amount$87,888
Monthly Payment$998
Total Interest$31,866
% of Monthly Income22%

Aggressive Plan (5 years)

Loan Amount$87,888
Monthly Payment$1,720
Total Interest$15,290
Interest Savings$16,576

Colleges in Joliet for Actuarial Science

University of St. Francis

private

$36,980/yr

$147,920 total

Community Colleges (2-Year Transfer)

Joliet Junior College

$4,980/yr

Top Employers for Actuarial Science in Joliet

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

AonMercerMillimanDeloitteMetLife

Key Joliet Hiring Sectors for STEM

Tech companies

Research labs

Government agencies

Startups

Consulting firms

Common Actuarial Science Job Titles

ActuaryRisk AnalystInsurance Underwriter

Actuarial Science Degree in Joliet — 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.

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