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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][quote=Anonymous][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] You have no evidence to support this outside of pointless anecdotes you'll pluck from high profile donors. The biggest donor, fyi, was born in Detroit (Stephen Ross). And again, a state taxpayers' flagship campus isn't cultivated over centuries to serve and build a scheming hedge fund investment arm endowment — it's to educate and elevate the state's teens.[/quote] Being born instate means nothing when it comes to donations. Ross hasn't lived in Michigan for over 50 years. I never said all endowment money came from out of state, another hyperbolic comment from you. Michigan will never go private. It will always be a state controlled university run by regents who are VOTED in by the electorate. No one, with a semblance of intelligence, is complaining instate that Michigan has so many out of state students. Michigan residents don’t care, as long as the university maintains its lofty status and matriculates most of its top students. [/quote]
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