<p>It is so expensive to go there out of state! Is it really worth it? I would love to go there, but I have a feeling they won't help much with the financial aid. So, is it worth going into such debt over?</p>
<p>No. 10char</p>
<p>Yeaaaaahno. I was thinking about Michigan a lot, until I saw their tuition… At that price, you could get two years of a prestigious state U for one year at Mich. I don’t think it’s worth the price, especially for undergrads</p>
<p>…and yet up to 40% of the undergraduate student body comes from OOS. I guess about 10,000 people every year feel that it is worth it and Michigan has no problem filling up it’s class with well qualified candidates. </p>
<p>“At that price, you could get two years of a prestigious state U for one year at Mich.”</p>
<p>Not everyone lives in a state that is blessed with a prestigious state university/universities. C’est la vie.</p>
<p>Is it worth to study at UMich?</p>
<p>Yes.</p>
<p>Is it worth to enter a debt?</p>
<p>No.</p>
<p>Just study your priorities.</p>
<p>I thunk it worth! Umich is a really prestigious university! At umich, 46.1%of their classes are taught with less than 20 students,83.9% are less than 50, which means you can share more teaching resources! As umich is not far from Chicago, you will have tons of opportunities.
It’s kind of investment of being in debt, for you can profit a lot</p>
<p>Here are the out-of-state estimated costs of attendance for a few state schools, just to put things in perspective.</p>
<p>SMCM: $35,273/year
UF: $38,520/year
NCF: $40,199/year
UNC-CH: $43,402/year
W&M: $45,114/year
UVA: $46,219/year
UMich: $48,331/year
UCB: $49,526/year
UCLA: $52,561/year</p>
<p>Michigan is expensive, but then again, most public universities in its peer group are just as expensive. Schools such as UVa, UNC, Cal, UCLA, William and Mary, texas-Austin etc… are all roughly as expensive, give or take $5k annually. Private universities of the same quality, such as Cornell, Northwestern, NYU, Penn, USC etc… are typically more expensive. As such, Michigan is not expensive relative to its peers. </p>
<p>This said, Michigan is admittedly not good at meeting the financial needs of out of state students, and as such, can often be too expensive to attend. Even then, roughly 40% of Michigan undergrads come from out of state or foreign countries, so there are over 10,000 students currently enrolled at the University that seem to think it is worth paying the price.</p>
<p>But to answer your main question, it is not worth going into major debt to attend Michigan or any other university. A $10,000-$30,000 is fine, but anything more is just not worth it. Of course, should you have a strong in-state option (close to 20 states have very strong in-state options), I would not bother paying full tuition for any private or OOS public university. Furthermore, some public elites (UNC and UVa come to mind) and most private elites are more generous with financial aid and worth exploring.</p>
<p>I think it’s worth it 
Michigan is a GREAT school and let me ask you this- if you were accepted to Harvard, would you still go? If you said yes, this applies here too because Umich is known as the “Public Ivy League” school and it’s one of the top institutions in this nation, and I think getting a degree from such a prestigious school will open many doors for you.</p>
<p>
According to the OP’s few other posts, it seems that (s)he lives in Texas and already has a 1/2 tuition scholarship to Bentley University’s honors program. Maybe that will help people trying to advise the OP.</p>
<p>
TBH, no, I would probably not attend Harvard at the sticker price. -.-</p>
<p>I would like to note that UMichigan has a higher student-faculty ratio than private peers at 16:1, however, so the school isn’t that great of a value in that regard. This is one of the primary factors that alienates OOS students from public universities.</p>
<p>
Neither would I. Put that $200,000 to better use. It is a great place to go, and so are a lot of other schools. I don’t think any of them are worth $200,000. You could receive an excellent education for a fraction of that, and not be in so much debt (or, if paying out of pocket, think of all the good one could do with so much).</p>
<p>Datafiles, there is probably only one State U more prestigious than Michigan. ;)</p>
<p>
Uhh… UVa? :)</p>
<p>^ Not according to a survey of academics…</p>
<p>Haha, I’m messing with you. If you had “UVa” in your name, I would have said “Uhh… UCB?” :D</p>
<p>Yipee!..we have a UCBerkeley/UMich/UVa battle about to begin</p>
<p>hang on tight!</p>
<p>“I would like to note that UMichigan has a higher student-faculty ratio than private peers at 16:1, however, so the school isn’t that great of a value in that regard”</p>
<p>And those private schools that don’t have the stellar faculty and facilities like Michigan aren’t that great a value either. There are trade offs.</p>
<p>Sentiment, it is my understanding that different schools have different methodologies for calculating student:faculty ratios. -.-</p>
<p>"Yipee!..we have a UCBerkeley/UMich/UVa battle about to begin</p>
<p>hang on tight!"</p>
<p>There is no battle with Cal. It is deservedly the number one public.</p>