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Sakky, Michigan meets 90% of demonstrated need and it costs, on average, $4,000 less than its private peers. Mathematically speaking, even if its private peers meet 100% of demonstrated need, they will not be cheaper than Michigan.
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<p>I'm talking specifically about OOS students. As has been said by others, the sticker price for Michigan OOS is about the same as that of a private. </p>
<p>Furthermore, the whole idea of 'demonstrated need' is really a charade. Any school can meet demonstrated need by just sticking a student with a whole bunch of loans. I don't consider that to be particularly useful aid. What is really is at stake is how much need is met by grants, or possibly workstudy.</p>
<p>Bball, your numbers are not quite right. The average unweighed GPA of Michigan students is 3.75. Northwestern's roughly the same. Michigan's mean SAT score, in a single sitting, is 1330. Northwestern's mean, if you take the highest score in each individual section, is 1400. If Michigan measured SATs the way Northwestern, and private universities in general, measured SAT averages, Michigan's mean would be roughly 1370. There is no difference between Michigan and Northwestern students. None whatsoever. They have similar calibre students and when they graduate, they are up for the same jobs and the same graduate school acceptances. The quality of education at both schools is roughly the same, as are the resources availlable to their undergraduates. </p>
<p>Finally, Michigan residents, over the course of years, pay tens of thousands of dollars in taxes to the state of Michigan. They are entitled to go to their state university at discounted rates. It is not out of state students who are subsidizing in state tuition. It is in-staters' parents who are subsidizing in-state tuition. And by the way, the cost of attending Michigan for in-staters is not $8,000, it is $15,000. And the cost of attending Michigan for out-of-staters is not $40,000, it is $37,000.</p>
<p>Hah, I wonder how some of these schools do their estimated total cost. For instance, if youre living in New York, stuff is just going to cost more. I bet if I lived there, I would spend a lot more than I do now, which is plenty. Basically, people should start with tuition and books and deal with the other numbers (housing, food, ect) themselves. If everyone lives off campus and not in say, more expensive dorms, it will probably cost less.</p>