Is that $40,000 total or per year??
Please be detailed and specific… what are the costs of attendance for Michigan, UCLA, and Georgia (tuition/fees/room/board minus scholarship/grants, not including loans)?? How much loans will you need to take out for each?
If it is $40,000 per year more to attend UCLA/Michigan, and going to U Georgia would be $160,000 cheaper, then you should go to Georgia.