<p>University</a> of Michigan aims to raise $4 billion in capital campaign | MLive.com</p>
<p>Campaign Website: <a href="https://leadersandbest.umich.edu/%5B/url%5D">https://leadersandbest.umich.edu/</a></p>
<p>Only 2.3 billion to go. Seems like a piece of cake. I thought it was going to be 5 billion.</p>
<p>If only Larry Page would give 1 billion to the engineering school to be renamed in his honor.</p>
<p>Although the target is $4 billion, it should hit $5 billion within the time allotted. And I do not expect Page to donate $1 billion, but I think $350-$400 million could be in the works.</p>
<p>It’s only 5% of his gross worth, but I guess he could get a building named in his honor with that donation amount. ;-)</p>
<p>Here is the best part of the future effects of the campaign:</p>
<p>“The university’s highest priority is to raise funds for student support so that every student accepted by the university can afford to attend, so that the university can attract students who can compete at the highest levels, and so that every student can have an outstanding student experience. The goal for that priority is $1 billion.”</p>
<p>I am tired of reading about how otherwise well qualified students who want to attend Michigan cannot afford the OOS tuition costs. I am sure the university feels the same way.</p>
<p>“The university’s highest priority is to raise funds for student support so that every student accepted by the university can afford to attend, so that the university can attract students who can compete at the highest levels, and so that every student can have an outstanding student experience. The goal for that priority is $1 billion.”</p>
<p>right and then they turn around and offer scholarship to underqualified URM from Cass Tech… talk about a pathological liar</p>
<p><a href=“Victors for Michigan Campaign Video - YouTube”>Victors for Michigan Campaign Video - YouTube;
<p>Fundraising is extremely important for all universities bearcats. The results of the campaign will make your degree even more valuable in the future. You should embrace it.</p>
<p>“The university’s highest priority is to raise funds for student support so that every student accepted by the university can afford to attend, so that the university can attract students who can compete at the highest levels, and so that every student can have an outstanding student experience. The goal for that priority is $1 billion.”</p>
<p>That should enable the University to meet 100% of demonstrated need. </p>
<p>Anyway, although the University has given itself until 2018 to raise the $4 billion, I anticipate it to reach that amount in 2016. By 2018, I would be surprised if we raised less than $5 billion by 2018.</p>
<p>I understand that. What I am saying is they say they raise fund so the university can attract students who can compete at the highest levels, then they turn around and waste that money to offer race-based scholarships to under-qualified URMs.</p>
<p>Think about it bearcats. How many unqualified URMs are there at Michigan? There are always going to be some marginal students to be sure, however this fundraiser will allow Michigan to be able to attract more qualified URMs from other states and countries. That way to keep a decent percentage of matriculated students from those groups, U-M won’t have to reach for the bare minimally qualified instate candidates. At least this is what I hope will be the end result.</p>
<p>What does Michigan generally average in yearly donations? I know UCLA usually hovers around 400-500m annually.</p>
<p>Not sure what the average is, but I do know that 1.7 billion has already been raised in the “silent” part of this current campaign that began in 2011. There is little doubt in my mind that Michigan will hit 4 billion and perhaps even more than 5 billion before this campaign is completed in time for the school’s bicentennial in 2017.</p>
<p>Who decides what “demonstrated” need is…</p>
<p>Too bad for us OOS students that are here now…</p>
<p>^ The university, by their own formula with PROFILE (I don’t think they have a supplemental app to that, do they)?</p>
<p>They should kick some of that money towards us grad students, too 
haha (unlike undergrad, IS grad students do not have full need met- yet- shucks 
)</p>
<p>right and then they turn around and offer scholarship to underqualified URM from Cass Tech… talk about a pathological liar</p>
<p>as if some ORM can’t be under qualified?</p>
<p>Dart, bear is a ■■■■■ that has a huge issue with his alma mater. (Frankly, I don’t know why he continues to associate with a school he clearly considers beneath him, but I digress…) </p>
<p>Don’t try to get anything logical out of what he says. It’ll just hurt your brain ;)</p>
<p>"right and then they turn around and offer scholarship to underqualified URM from Cass Tech… talk about a pathological liar</p>
<p>as if some ORM can’t be under qualified?"</p>
<p>There is no scholarship program to systematically offer scholarship for such “under qualified ORM” (I think by ORM you mean non-URM but the point remains). The university routinely offers scholarship to underqualified URM in the guise of “providing higher education to the ‘under priviledged’ inner city kids”, when in fact they are not only underqualified for scholarship, but admissions altogether, to further their liberal agenda. This flies in the face of the battle cry for asking for more money “so that the university can attract students who can compete at the highest levels”.</p>
<p>“Dart, bear is a ■■■■■ that has a huge issue with his alma mater.”
Sorry I will illogically support everything Michigan does from now on to please sheeple like you.</p>
<p>“Sorry I will illogically support everything Michigan does from now on to please sheeple like you.”</p>
<p>I would like to see some positive statements about U-M every once in a while from you bearcats. You are rapidly becoming the Drew Sharp, another cynical Michigan graduate, of CC.</p>
<p>[Drew</a> Sharp | Detroit Free Press | freep.com](<a href=“http://www.freep.com/section/COL08]Drew”>http://www.freep.com/section/COL08)</p>
<p>Unless by “every once in a while” you mean “very often”, you will find that I am already doing what you would like me to do.</p>
<p>But on a serious note, this is where you and I differ. I love Michigan. In fact, I have routinely aggressively pushed for Michigan candidates over the typical Harvard and Princeton candidates at my workplace all else being equal, and I have encouraged other alumni to do so. But that does not mean that I will ignore facts and shortcomings of the school just because of my love for it. In fact, I will constantly harp on it until something changes.</p>
<p>These are the things I constantly blast the university for, and rightfully so:</p>
<p>1) Weaker student body relative to what people here consider as peers of Michigan</p>
<p>People like Alexandre like to call Duke, Penn, Chicago etc our peers, and have claimed that schools like Vandy are not even on par with Michigan. If that’s the case, we are definitely under-performing in attracting students of the same caliber that attend the peers or even the ones that are “not on par” with us. Either that or maybe we need to recalibrate what we consider as peers.</p>
<p>2) Racist agenda when the people of the state have already voice their opinion otherwise</p>
<p>Repeated use of resources to align with its desire to maintain racist affirmative action policies, while the state of michigan, via ballot, already decided that they want no part of this racist practice. I consistently disagree with Coleman’s dog and pony tricks to circumvent laws to continue this unethical behavior. Not to mention this practice harms us in the context of my point number 1 in many ways, including
a) consistent admission of underqualified URM, especially from inner detroit
b) taking away scholarship that could be offered to the 4.0/2300 kid because they want to offer it as a “diversity scholarship”</p>
<p>In addition, the costly legal process associated with “defending the university’s right to practice affirmative action” using tuition/donation money. People always forget what the supreme court case is about. It’s not about whether affirmative action is constitutional or not (obviously unconstitutional but who cares right? ;), but whether the state via referendum blocking the university’s practice of affirmative action is constitutional or not. Why are they even fighting that? The people of the state of Michigan already voiced their opinion via the ballot that they don’t want to be associated with this unethical practice, so whether or not they can legally block the university in doing so is irrelevant given how many people here on CC claims the university’s goal should be to serve the residents of the state.</p>
<p>3) Misuse of resources while asking for more
This is more of a general problem with the non-profit education sector than just Michigan. This is what happens with private companies. When they need to improve their bottom line, they look at both the top line and bottom line. They think of ways to raise additional cash, but also ways to save cash in the operations. This is why the private sector is so much more efficient and far superior to anything from the public sector. When the university needs money, it just asks for more, in the form of tuition raises or donations; because it can.</p>
<p>4) Monetization of Brand
All the one year masters popping up here and there are complete rip-offs for student. The latest example being the new masters in management program. It was obvious that it was designed to monetize the Ross brand. There is a reason why top MBA programs don’t accept fresh grads but require work experiences.
a) The value of an MBA is the networking, not really the knowledge gained. A fresh grad has no tangible value to incentivise other people to network with them
b) Fresh grads out of MBA price themselves out of jobs. No company is going to pay to upcharge to get the fresh grad
This MiM, just like the one Fuqua and UVA offer, is pretty pointless. From a hirer’s perspective, there’s no reason for me (or people recruiting for similar employer) to aggressively recruit that program. We joke about programs like these all the time.
So now you have this degree that’s basically for people without the experience to get into an MBA program to take on more debt and pay 50k a year to get. It’s taking advantage of the most vulnerable: the people who are not good enough to obtain fruitful employment in business/finance straight out of undergrad. This is in line with what a lot of university tries to sell, “oh you couldn’t find a job you like? educate yourself more and you’ll eventually find it”, when in fact the right answer is “oh you couldn’t find a job you like? tough luck… keep trying, and if you still can’t find it? take whatever job you can get and work your way up!”. This is borderline predatory.</p>
<p>5) Brady Hoke
Enough said.</p>
<p>This is where your comparison with Drew Sharp falls apart. My disagreement with the university is well-defined and based on facts. In addition, my disagreement with the university is in areas where the university is not doing well judged by facts and observable data points.</p>
<p>Drew Sharp’s beef with the university is personal. He was ****ed because Rich Rod made information readily available to the general press as opposed to Lloyd Carr’s “fort” mentality where he just leaks exactly what he wants to leak to select few in the media. Drew basically lost his exclusive access by virtue of everyone gaining access. And then obviously he started the whole practicegate crap and got himself in hot water with the athletic department even till now. That’s why he’s still holding a grudge.</p>