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Reply to "Why does the State of Michigan allow its flagship UMich to be 50% out of state students?"
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[quote=Anonymous]“ There may be well a problem it’s state universities in general relying too much on out of state students to stay afloat financially. However, this is not unique to Michigan. Further, U Michigan has by far the highest financial reserves of any public university in the US (US 12 billion) so they suggests they are unlikely to be recruiting out of state students purely for profits, which they are not in dire need of. ” Those OOS student are a huge reason why Michigan’s endowment is so large. While they might not live instate after they graduate, they still support their alma mater big time financially. This isn’t much different than many other elite private schools. [/quote]
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