There are only good choices here. We are a 4 gen UM family but many other family members have attended other Michigans schools (Tech, MSU, GVSU, etc) plus other highly rated schools elsewhere, and everyone’s individual circumstances vary. Overall, UM is going to give one of the best college experiences of any school and has the best networking opportunities available and the most successful members went to UM or one of the OOS schools. If it means the difference between affording further education (e.g. grad school) or not take the scholarship. Grad school ,especially from a well regarded institution, trumps any undergrad program. If your child thinks that a Bachelors degree is the end of his/her education that is a different consideration. There is no way to know what the job market will be like in 4-5 years, so debt is a risk.