Is Michigan worth $47,000 a year?

<p>I've narrowed my choices down to the University of Texas at Austin and Michigan at Ann Arbor, and I have no idea what to do! I live in Austin, so if I do go to Michigan, I would have to pay out of state tuition which totals up to almost $50,000 a year. Is paying all this money worth going to Michigan when I could just stay at UT Austin? Despite the ridicuously cold weather, I know Michigan would be perfect since it is a very prestigious school, and I've heard that Ann Arbor is the perfect college town, but I'm scared I will choose Michigan and then not do well academically (because Michigan seems like it would be a pretty tough school) or do the same that I would do at UT. Is it more difficult to get a good GPA at Michigan than at UT or are they about the same difficulty level? Has anyone had to make the decision of choosing between these two schools? Any opinions? I need help!</p>

<p>Grading at Michigan and Texas should be roughly the same. I would stay in texas if I were you. As a Texas resident, UT would cost you roughly half og Michigan. Michigan may be a little better, but Texas holds its own...and for premed, it really does not matter. Besides, you want to save as much money as possible for med school. Of course, if your parents are wealthy and own some oil rigs, than money is no issue and you can go to either university.</p>

<p>^^Alexandre gave me the same advice last year (in UCLA vs Michigan), I followed it, and think I made a great decision (belated thanks Alexandre)!</p>

<p>Michigan may be considered slightly more "prestigious," but that term in and of itself is subjective, and the differences between the two schools are fairly minor, so I'd just save yourself the $ and go to UT. Especially because you may choose to attend grad school, and could put that saved $ toward that cause.</p>

<p>Good luck, I'm sure you'll be happy wherever you go.</p>

<p>Go UT. Michigan is not worth 50 grand.</p>

<p>Actually j89, Michigan is worth 50 grand if you are wealthy. No university is worth 50 grand to a low/mid income family, and that includes Harvard. However, in this case, given that the OP can attend UT for $25 grand, I agree that Michigan is not worth 50 grand.</p>

<p>Alexandre is right about Michigan being worth 50k for a family that can afford it. I live in Houston and also had a similar decision to make when choosing which colleges to apply to (I would have gotten into Texas and Michigan according to my college counselor). </p>

<p>Luckily for me, and I'm very greatful for this, my parent's can afford to send me to any college in the country without having to worry about financial aid. I had a talk with my dad and he said that money didn't matter and that I should go to the school that best fit my future goals/education plans. </p>

<p>I'm planning on doing a double major in engineering and business, something I would be able to do at both UT and Michigan. Michigan, though, has more prestige and is overall, from what I've heard and read, a better school (academically) than UT.</p>

<p>Also, I wouldn't want to go to school with 96% Texas people, it would be more of the same for me. I want to live somewhere else and get some experience in a different part of the country. </p>

<p>In short, I'll give the same advice as Alexandre: talk to you parents about your financial situation and if it will be possible to afford Michigan (remember, you may be able to get some money from the school), go to Michigan, you won't regret it. I might see you there next year, :)</p>

<p>What Alexandre said is on the money. (Pun intended :))</p>

<p>Any public university is going to be overwhelmed with in-state residents so even at Michigan, you'll still see a LOT of Michigan residents. If not, either people are from Chicago or New York areas (my favorite joke). I don't know where else people are from at UT if not Texas.</p>

<p>In my opinion, Michigan is more worth it for graduate school that undergraduate, so save the money for med school so you can go to any med school you want.</p>

<p>I have a similar question. I'm interesting in studying business, but I didn't get preferred admission to U of M's business program. However, I did get direct admission to Indiana's business program, and with scholarships, the tuition is probably going to be roughly half the price. I know U of M's Ross has a little more prestige, but Kelley is solid business school. Plus, we're talking about 47k vs. about 25k. Anyone have any advice?</p>

<p>Ross has significantly more prestige than Kelley, but Kelley is indeed very solid. Unless your family is wealthy, I don't think it is worth spending $100,000 more on a program of Ross, Sloan, Stern or Wharton's calibre when you can attend a program like Kelley.</p>

<p>actually, in a prestige wh0ring world of business, especially front office positions in finance, it might be worth it</p>

<p>Hehe! Nice one bearcats. Fortunately, business wh0ring has lost its primary constituent (IBanking), most likely forever.</p>

<p>From what I heard anyways, job placement isn't going well at any of these schools. I heard from a family friend that virtually no companies showed up at Ross's business fair this year due to the tough economy. </p>

<p>I'm thinking about going into Marketing, and I think Kelley might even carry more weight than Ross in that concentration. Last time I checked, Kelley's program was ranked in the top ten in the nation for undergrads. Since my family is not wealthy, it doesn't really seem wise to try to attend Mich, unless I get a scholarship from the alumni network in the Chicagoland area. Also, I've been told that Indiana is upping its admission requirements and that a degree from Kelley is carrying greater weight these days.</p>

<p>If I were in your position, I'd go to Kelley, save a ton of money, and still get a good job. It'd be a no brainer.</p>

<p>I'm actually still waiting on USC too, and since I'd like to work on the westcoast, that would be ideal.</p>

<p>USC is also going to be around 50k a year. If you don't get offered a great deal of aid, I'd still take Kelley over USC. If you do well at Kelley, finding a good job on the west coast shouldn't be that much more difficult than if you had graduated from USC.</p>

<p>USC offers some of the most financial aid in the country, and if I get accepted, I was told that I would likely receive 100% of my need based aid. USC also has a unique business program that Kelley doesn't have.</p>

<p>When I was at IU and I spoke to the Assistant Director of Kelley, he told me that they don't get much recruitment from the west coast. However, I believe that if I really wanted to go west after graduating from Kelley, it wouldn't be a problem. It would just be a lot easier if I attended USC, considering the Trojan network is massive on the west coast.</p>

<p>Like I said, it depends on the money. If you feel it's enough, then go for it.</p>

<p>"From what I heard anyways, job placement isn't going well at any of these schools. I heard from a family friend that virtually no companies showed up at Ross's business fair this year due to the tough economy." </p>

<p>Taxi, job fairs are one thing, on-campus recruiting/interviews is another. Job fairs are a luxury. Most companies that participate in job fairs are there to advertise, not recruit. Most companies make separate trips for on-campus recruiting. When times are bad, many companies will do away with luxuries (job fairs) and focus on the necessaties (on-campus interviews). That is not to say that recruitment activity isn't down. I am sure all programs are feeling the pinch this year. However, I don't think the numbers will be dramatically different. The one industry that will be majorly lacking on campuses both now and in the future are IBanks. In past years, roughly 20%-30% of Ross students joined bulge bracket IBanks on Wall Street. That won't happen anymore.</p>

<p>"I'm thinking about going into Marketing, and I think Kelley might even carry more weight than Ross in that concentration. Last time I checked, Kelley's program was ranked in the top ten in the nation for undergrads." </p>

<p>I am not sure I agree with you here. Kelley is indeed excellent in Marketing, but Ross is stronger. Michigan has always been considered a pillar in the Marketing field, second only to Kellogg. At the undergraduate level, Ross is always ranked #1 or #2 in Marketing (Wharton being the only program to really compete with Ross at the undergraduate level). And now that IBanks' presence will be significantly diminished, you can be sure that more Ross students will be willing to work in marketing.</p>

<p>"Since my family is not wealthy, it doesn't really seem wise to try to attend Mich, unless I get a scholarship from the alumni network in the Chicagoland area."</p>

<p>I think we all agree here. Kelley is not as good as Ross, but not to the tune of $100,000. Ross is a top 5 BBA program, Kelley is a top 15 BBA program. Either way, you are getting an excellent education, at a very good university, in a great campus and in an fun and friendly college town.</p>

<p>"Also, I've been told that Indiana is upping its admission requirements and that a degree from Kelley is carrying greater weight these days."</p>

<p>I think all universities are getting more selective over time because the applicant pool is growing annually. But again, Kelley is highly regarded, so there is no need for concern.</p>

<p>"Taxi, job fairs are one thing, on-campus recruiting/interviews is another. Job fairs are a luxury. Most companies that participate in job fairs are there to advertise, not recruit. Most companies make separate trips for on-campus recruiting. When times are bad, many companies will do away with luxuries (job fairs) and focus on the necessaties (on-campus interviews). That is not to say that recruitment activity isn't down. I am sure all programs are feeling the pinch this year. However, I don't think the numbers will be dramatically different. The one industry that will be majorly lacking on campuses both now and in the future are IBanks. In past years, roughly 20%-30% of Ross students joined bulge bracket IBanks on Wall Street. That won't happen anymore."</p>

<p>Sorry, but I might have spoken incorrectly there. I was actually referring to the recruiting visits from businesses. Apparently it was a huge deal that not many business showed up to recruit from the Ross school this past semester. I'm not 100% on this because I've only heard it from someone else who's in the school, but it seems as though businesses aren't really recruiting there as much due to the economic recession. Not to say it's not a similar situation at Kelley, but I just heard about the situation at Ross.</p>

<p>"I am not sure I agree with you here. Kelley is indeed excellent in Marketing, but Ross is stronger. Michigan has always been considered a pillar in the Marketing field, second only to Kellogg. At the undergraduate level, Ross is always ranked #1 or #2 in Marketing (Wharton being the only program to really compete with Ross at the undergraduate level). And now that IBanks' presence will be significantly diminished, you can be sure that more Ross students will be willing to work in marketing."</p>

<p>You've clearly done your research my man. I checked it out
Undergraduate</a> business specialties: Marketing - Best Colleges - Education - US News and World Report</p>

<p>You were right on the money. However, I doubt there's much different between #2 and #6, and having a rating of 6 is actually quite high for Kelley in general. Most of their programs don't step below 15 or 10 for rankings. Basically my point is what you said earlier, the $100,000 isn't worth the jump from sixth to second. Both are excellent programs, and while Michigan may be better, Kelley is still great. Either way, I'm still waiting to hear from USC, which is my top choice because of their BCA program.</p>

<p>
[quote]
Apparently it was a huge deal that not many business showed up to recruit from the Ross school this past semester

[/quote]
</p>

<p>Recruiting is down at all schools and trust me, kelley had it much, much worse this year.</p>

<p>also, i love how the banner ad im getting at the side for this thread is for indiana</p>