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Actuarial Science Degree in Lake Charles, LA — Salary & ROI 2026

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

Starting Salary

$40K

COL-adjusted

Mid-Career

$96K

COL-adjusted

ROI Payback

7.8 yrs

in Lake Charles

Cost of Living

80

index (100 = avg)

Actuarial Science in Lake Charles, LA Overview

Lake Charles, Louisiana (pop. 84,872) has 6 colleges offering Actuarial Science programs. The local cost of living index of 80 keeps student expenses low, with average rent near campus at $925/month. Actuarial Science enrollment is stable nationwide, with steady demand for graduates skilled in Probability and Risk Assessment. The adjusted starting salary in Lake Charles is approximately $40,000, growing to $96,000 by mid-career.

Category

STEM

Local Colleges

6

Public Tuition

$9,274/yr

Private Tuition

$41,023/yr

Room & Board

$14,078/yr

Avg Fin. Aid

$16,078/yr

Unemployment

3.3%

Graduation Rate

56%

Actuarial Science Salary in Lake Charles (COL-Adjusted)

Salaries adjusted for Lake Charles's cost of living index of 80 (national average = 100).

Entry Level (0-2 yrs)
$40,000($-10,000 vs national)
Mid Career (5-9 yrs)
$96,000($-24,000 vs national)
Senior Level (15+ yrs)
$124,000($-31,000 vs national)

Note: National average Actuarial Science salary: $50,000 starting, $120,000 mid-career, $155,000 senior level.Lake Charles adjustment factor: 0.80x based on the local cost of living index.

Actuarial Science ROI Calculator for Lake Charles

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

Public avg: $9,274 | Private avg: $41,023

Lake Charles avg aid: $16,078/yr

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

Total Education Cost

$93,408

tuition + room & board - aid

Annual Earnings Premium

$12,000

vs HS diploma in Lake Charles

ROI Payback Period

7.8 years

to break even

Lifetime Return in Lake Charles

$746,592

Lifetime earnings premium ($840,000) minus total education cost ($93,408)

Student Loan Payoff for Actuarial Science in Lake Charles

Standard Plan (10 years)

Loan Amount$93,408
Monthly Payment$1,061
Total Interest$33,867
% of Monthly Income32%

Aggressive Plan (5 years)

Loan Amount$93,408
Monthly Payment$1,828
Total Interest$16,250
Interest Savings$17,617

Colleges in Lake Charles for Actuarial Science

McNeese State University

public

$9,274/yr

$37,096 total

Community Colleges (2-Year Transfer)

Sowela Technical Community College

$4,236/yr

Top Employers for Actuarial Science in Lake Charles

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

AonMercerMillimanDeloitteMetLife

Key Lake Charles 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 Lake Charles — 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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