<p>I'm not sure if Michigan will give me ANY more aid, (I got the Michigan Tradition Scholarship), so a state school is sounding very good to my parents right now (SUNY Binghamton is my other choice). However, I want to study Law, and my dream would be to go to Columbia Law School (Their J.D/MBA program) or Yale Law School. If I go to Michigan and do as well as I can there, are my chances better? Or should I save half tuition and go to a state school? Michigan has always been my first choice, but my parent's are retiring next year, and my sister already pays full tuition, and I don't want to stress them out with another 40k a year. Suggestions?</p>
<p>Well Michigan is definitely the stronger school academically and will give you much better job prospects if you decide against law school straight out. If you are 100% dead set on law school it could be worth it to save the money but you wouldn’t have too many options if you ever changed your mind. Have you been to campus days? Because you might just fall in love with Michigan after that.</p>
<p>Im going at the end of February 
Yeah I’m 80% set on Law School, but kind of considering business. 
Idk what to do. But thanks for your input :D</p>
<p>Curious, why do you want a J.D./MBA? From what I’ve read and from people I’ve talked to, they don’t serve many practical purposes.</p>
<p>EDIT: I read your second post, and if you are interested in business you can take a business job after college, and if you don’t like it, apply to law school. </p>
<p>An MBA isn’t necessary to get a business job, it’s only really useful for advancing further in your career (after you have 4-5 years of experience under your belt) or for a career switch.</p>
<p>Mmm, true. Thanks for your help guys :)</p>
<p>^Two additional considerations:
- The fact that you have a sister presently in school means that your parent’s EFC will half – eg. if it was $50k before, it is likely to become $25k each…meaning both you and your sister might be eligible for need based aid.
- The fact that your parents are retiring means that the income you will report next year may entitle you to MORE financial aid than you are presently entitled to.</p>
<p>– I’m not saying to go into excessive debt to attend UMich. I am just letting you know that these shifting circumstance will impact your eligibility for need-based aid, and you may wish to run some “what if” scenarios with a financial aid calculator (eg. [FinAid</a>! Financial Aid, College Scholarships and Student Loans](<a href=“http://www.finaid.org%5DFinAid”>http://www.finaid.org))</p>
<p>Best wishes!</p>
<p>Thanks! But I’ve already filed my FAFSA and my EFC was basically the highest possible number… haha, so IDK what’s up with that. But thanks :)</p>
<p>^Sorry to hear that. You made sure it said 2 people were in college, right? If your EFC is that high and you’re out of state, it’s entirely possible that you will not receive additional aid considering they’re already giving you the tradition, so in the end, you’ll have to compare your financial packages when you get them.
Your scholarship does bring the cost down, and once your parents are retired, you MAY be eligible for more aid (but if they have substantial savings, possibly not.) Just make sure you have a candid convo with your folks – they may in fact be better prepared to help than you think.</p>
<p>MichiganGirl 15, what is the Michigan tradition scholarship?</p>
<p>If it makes you any more confident, my EFC was cut by a factor of 4 this year from 60k to about 15k with little change in home life (only two people in college including me).</p>
<p>If you are certain about business or law, you better be doing it because you are actually interested in it. A lot of these kids here come in thinking they’ll “transfer to Ross” or do “pre-law” only to find out that they are still too stupid do make the cut despite how they had 5.3s UW in HS.</p>
<p>For business, you are much better off getting an actual skill in undergrad and completing an MBA later (they’re easy). Frankly, business undergrad is a waste of time since an engineer with an MBA in the future will take your position anyday.</p>
<p>sage advise :rolleyes:</p>
<p>Woah…Mehmonster come down. I agree that you’ll learn far more tangible skills with some other major like Engineering, but if you want to do Business, Ross is definitely your best bet. While an engineering degree is certainlty respected in the business world, most jobs, even the highly quantitative ones (save for Quant jobs) don’t require a high level ability in math. Of course, you have to be good at it for jobs in finance, but you’ll learn most of the concepts on the job anyway. </p>
<p>An engineer with an MBA isn’t going to be taking anyone job already in the industry. KKR isn’t going to give a damn if you have a BS from MIT and an MBA from Harvard, you still won’t land that partner-track associate gig. What does matter is prior experience in the Private Equity. The best way to get that would be to get an Investment Banking (IB) job first or network like crazy for an analyst position at a PE shop. And the best way to land an IB gig after Umich is to be in Ross. CoE has an amazing career office as far as I can tell, but it’s not that great for business jobs.</p>
<p>Obviously, I don’t know what the OP wants to do post-college, but a business degree will not set you back in anyway, at least as far a business jobs or law school placement is concerned.</p>
<p>^Thanks for all the advice! I’m still a little torn between the choices, but I guess I won’t know until March about financial aid But I feel like the chances of me getting into Ross as a sophomore are very slim, if I wasn’t a pre-admit</p>
<p>^Not at all, almost everyone in Ross transfered in and if you do relatively well freshman year it’s not that hard to get in. Stay above a 3.6 or so and be involved and you should be fine.</p>
<p>^Thanks! I will definitely try & @Rocko2, it’s a 10k a year scholarship.</p>