<p>Reeze, first of all, even if your numbers were accurate, Michigan is $4,000 less annually, which adds up to $16,000 over 4 years (not $8,000). But I am not sure about your numbers. According to the Michigan and Penn websites, the cost of attendance are as follows:</p>
<p>Michigan tuition: $28,000
Penn Tuition: $31,000</p>
<p>Michigan Room and Board: $7,000
Penn Room and Board: $9,000</p>
<p>I'd say the cost of books, medical insurance, transportation and entertainment are roughly the same at both schools. </p>
<p>So it would seem I was a off by a little. Michigan costs probably around $37,000-$38,000 compared to Penn's $42,000-$43,000. I'd say on average, Michigan would be about 15% cheaper and would probably save a student $20,000 over 4 years. It is not a huge amount, but it is still something when you consider the two schools are equally good. And Reeze, Michigan is not a typical state school, so it stands to reason that it costs more than a typical state university.</p>
<p>I do agree that at $30,000, UNC is a bargain. I love UNC, both the university and the town. One interesting fact about me. I applied to 18 universities around the world, including 11 universities in the US, 5 in the UK and 2 in Canada. I was admitted into 16 of those 18 universities, including Brown, Cal, Chicago, Columbia, Cornell, Duke, Georgetown, London School of Economics, McGill, Michigan, Northwestern, Penn, Toronto and the University College of London. The only two rejections I got were from the University of Cambridge and the UNC! And to add insult to injury, my first year in College, UNC beats Michigan in the NCAA finals!!!</p>