@ucbalumnus,
I think your harping on the legacy preference is a bit overdone. Michigan does consider legacy, but according to their CDS it’s only “considered.” First-gen is “important,” i.e., it weighs more heavily in the applicant’s favor than does legacy. So I doubt that legacy is actually excluding any qualified first-gens…
And note that Michigan’s chief instate rival, Michigan State, also considers legacy, and at MSU first-gen is only “considered,” yet their student body as whole is less affluent than Michigan’s. Of course, it could be that Michigan’s legacy families are more affluent on the whole than MSU’s—actually, I’d guess that’s likely. But my sense, as a Michigan native and University of Michigan alum who still maintains close ties to the state and to the school, is that Michigan really is the school of first choice for most of the state’s affluent families, regardless of their legacy ties to the school—except perhaps for those with legacy ties to Michigan State. (Note that relative to its population, the state of Michigan sends really quite small numbers of students to top privates; there are some, to be sure, but the limited data available suggest few Michiganders even apply to top privates, largely because they’re quite satisfied with their instate public options).
I think one of the main reasons Michigan considers legacy is to boost OOS yield. Their in-state yield is extremely high, OOS much lower, in large part because until very recently they didn’t provide much need-based FA to OOS students. That also skews the OOS student body much more affluent. But it just stands to reason that the Michigan brand has greater appeal to OOS legacies than to the general OOS applicant pool. So if legacy is excluding anyone, it’s probably non-legacy affluent OOS applicants—but yield among that group is quite low anyway.
Michigan does get some low- and moderate-income OOS students, more so recently since they’ve improved FA for OOS students, But on the whole, the OOS students are still overwhelmingly affluent to downright stinkin’ rich. That’s why the percentage of students on Pell grants is also a bit misleading. The student body is now roughly 60-40 instate-to-OOS. If the 15% of all students on Pell grants were all instate, they’d represent 25% of the instate students. We know it’s not quite that high because, as I said, they get some OOS students on Pell grants. But I’d guess the percentage of instate students on Pell grants is probably somewhere well north of 20%.
That’s not high enough, IMO. I do think the university is sincere in wanting to expand economic diversity. But I think over the years they’ve found it too easy to recruit top students from the top instate schools, which unsurprisingly are concentrated in the most affluent communities. Last time I checked something like 60% of their instate students came from the state’s 3 most affluent counties. And from those students’ perspective, why not? For affluent instate students—many of whom would be full-pay or somewhere close to it at private colleges and universities— the combination of price and quality is hard to beat. But it’s up to the university to avoid the path of least resistance, and redouble its efforts to recruit outside of Oakland and Washtenaw Counties.