America's Most Expensive Colleges

<p>
[quote]
The heftiest bill for out-of-staters comes from the University of Michigan, which hits up non-Wolverines for $29,131 to come to Ann Arbor.

[/quote]
</p>

<p><a href="http://www.forbes.com/business/2007/01/19/most-expensive-colleges-biz-cx_tvr_0119college.html%5B/url%5D"&gt;http://www.forbes.com/business/2007/01/19/most-expensive-colleges-biz-cx_tvr_0119college.html&lt;/a&gt;&lt;/p>

<p>I am so screwed. I NEED A JOB!</p>

<p>It was around $27k last year for incoming freshmen. Does UMich have fixed tuition for all 4 years? Does anyone know if a transfer student would pay the Fall 06 sticker price or Fall 07?</p>

<p>sorry, but there are no fixed tuition rates.
it gets worse..
your tuition increases as you receive more credits. for example, upperclassmen pay more than underclassmen.</p>

<p>I don't know what you guys are complaining about. The average private university (which provides an inferior education to Michigan) costs $30,000-$37,000 in tuition alone. I'd say Michigan is a bargain!</p>

<p>but the point is, Michigan isn't private, it's public....it's WAY too expensive for a public school.</p>

<p>pooter, it's not that expensive for residents whose tax dollars help support the school.</p>

<p>"The heftiest bill for out-of-staters comes from the University of Michigan, which hits up non-Wolverines for $29,131 to come to Ann Arbor."</p>

<p>Aren't all the students who go to Michigan non-Wolverines before they start. Or are all in-state kids considered Wolverines before they go to college? Does that make sense?</p>

<p>It doesn't make sense at all...</p>

<p>but I'm glad I live in Michigan!</p>

<p>
[quote]
I don't know what you guys are complaining about. The average private university (which provides an inferior education to Michigan) costs $30,000-$37,000 in tuition alone. I'd say Michigan is a bargain!

[/quote]
It is slightly cheaper for the out of state student than most schools of its caliber but still is far from what I'd call a "bargain." Then again, college is supposed to be a privilege, not a right, although it's becoming more and more of a necessity these days.</p>

<p>well yeah, i'd say michigan's out-of-state tuition is comparable to top private universities like stanford, duke, upenn, uchicago, etc. but the thing is, those top private schools offer way better financial aid packages to their students.</p>

<p>michigan is an amazing school, but let's not go ahead ourselves and say it's a bargain :P in comparison to other top public schools, it's quite expensive.</p>

<p>Cal, UCLA and UVa are all as expensive as Michigan. Most top publics today cost over $23,000 in tution alone. </p>

<p>And Pooter, the cost of a university should not be determined by its status as a private or public institution, but rather, on the quality of the institution and how much money it spends on students.</p>

<p>compared to Boston University, U Mich is nothing . tuition alone costs upwards of 33K in Boston U and thats a Public School so instater's pay as much as out of staters</p>

<p>Forbiden, most elite privates cost around $50,000/year these days, compared to Michigan's $43,000. So I would not go so far as to say that Michigan is as expensive. $25,000 over years is not a lot when you are spending well over $150,000, but it is still significant. I agree that Michigan does not give as much in terms of aid (need-based), but it does give significantly in terms of scholarships (merit). Overall, I definitely think Michigan needs to improve when it comes to filling need-based aid.</p>

<p>
[quote]
compared to Boston University, U Mich is nothing . tuition alone costs upwards of 33K in Boston U and thats a Public School so instater's pay as much as out of staters

[/quote]
</p>

<p>Boston University is a private institution, hence why students pay the same amount for tuition regardless of whether they're in-state or not.</p>

<p>And Alexandre, elite private colleges, such as Princeton and Harvard, have tuitions of around $45,000:

[quote]
Although Princeton will hold tuition constant next year, it said it would raise the price of room and board to $10,980, bringing the total annual price to $43,980 for an undergraduate with a full-meal contract (a 4.2 percent overall increase).

[/quote]

Source: <a href="http://www.nytimes.com/2007/01/22/education/21cnd-princeton.html?ex=1327122000&en=06642affa2929ef7&ei=5088&partner=rssnyt&emc=rss%5B/url%5D"&gt;http://www.nytimes.com/2007/01/22/education/21cnd-princeton.html?ex=1327122000&en=06642affa2929ef7&ei=5088&partner=rssnyt&emc=rss&lt;/a&gt;&lt;/p>

<p>Harvard/Princeton may have tuitions of 45,000, but their average aid is like 25k. Public schools offer little aid.</p>

<p>Amievil, I fail to see your first point. So what if all students pay the same amount to attend a private? Are you saying that it is unfair that a public university charges less to in-state students? How does that make a difference to the individual? Are you saying you would rather pay $50,000 to attend BU than $43,000 to attend Michigan just because at Michigan, in-staters pay less than out-of-staters? I guess I don't understand your point. Also, when I said private elites cost $50,000, I am including total coast of attendance. Same with Michigan. In terms of tuition and room and board, Michigan costs $36,000, not $43,000. However, there are many other costs to take into consideration, such as books, medical insurance, entertainment, transportation etc... When all is said and done, it costs roughly $50,000 to attend a major private university and it costs $43,000 to attend Michigan.</p>

<p>Suppasonic, H,P,S and Y have the resources to give major aid to students. But most elite universities, like Cornell, Columbia, Penn, NU, Chicago, Duke etc... do not have such resources. Yes, they give significant aid, but not to the tune of $25,000/student.</p>

<p>What matters is how much money the student is left to pay - this is what I'm saying.</p>

<p>University of Michigan may be cheaper by approximately $25,000 over the 4 years of attendance, but the elite universities are more than able to offer that much and more to students that demonstrate need. You are right in that the university has no obligation to subsidize the tuition for out-of-state applicants: however, there is less incentive to attend if the school does not have the ability to give aid to prospective students financially. It may be true that Columbia and such cannot meet 100% of a student's need -- however, they are significantly more able to meet it than the University of Michigan is able to: especially when the school gives the majority of its merit aid to its in-state applicants.</p>

<p>At Yale, the average financial aid package for income from 80,000-100,000 is about $24,000/year. That makes Ivies comparable in OOS tuition, provided A) That one can get in and B) One is not outrageously wealthy.</p>

<p>Amievil, but has it occured to you that students who are good enough to get into Yale, Harvard, MIT, Stanford or Princeton generally get close to a full ride (merit scholarship) at Michigan? And like I said, most other elite private universities simply aren't that generous.</p>

<p>I don't know if that is neccesarily true. Umich relies heavily on stats for full ride scholarships, whereas Harvard, Yale, Princeton, etc don't for admissions. Also, people who get the full rides scholarships at Umich generally get denied from ivies (at least the few I do know).</p>