Reply to Does University of Michigan live up to the hype?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you're loaded and really want the "M" sweatshirt/bumper sticker, then sure Michigan is worth $16K/year more than Wisconsin or IU, $20K/year more than UMN, $23K/year more than Iowa, $25K/year more than Georgia, or $27K/year more than Florida. (Since Michigan gives less "merit" aid than any of those other flagships, I guess there should be an "at least" before each of the preceding dollar figures.) Pretty expensive hoodie, though...[/quote]

Yeah have heard the same from multiple OOS applicants - Michigan is very stingy with the discounts.  Many are charged full price.  A good friend's son with stellar HS record received a much better deal from a similarly ranked/regarded private school (20s in US News).  That surprised me.  I had been hearing for years of students getting the types of discounts you mention above for other public flagships that rank not far behind Michigan.  I wonder how long Michigan can continue to charge that much of a premium.  It doesn't make sense to me unless there is some specific benefit that Michigan is providing you which won't be the case for large majority of applicants.  Several of these schools also have a more fun reputation than Michigan.[/quote]

Michigan has been this way for decades. Other elite publics like Berkeley, UCLA, and UVA also charge top dollar.  They do it because they can.  When and if it starts to become a problem filling up a freshman class with elite students,  is when Michigan will give more merit aid. Until that time, it isn’t likely going to change. [/quote]

Fair enough - shows many families will pay up for the highest ranked school that grants admission.  Guess with all our exchanges on this forum - that shouldn’t surprise me.[/quote]

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