<p>This link more or less correlates highly with the high net worth survey…showed Michigan as something like 12th in the country for folks worth over $30MM ("ultra high net worth). Forbes always gets the number wrong, the the association with graduates and undergraduates who reached billionaire status is quite high. However, these events like Nobel prizes are tail events and not all that indicative of the school more generally. Pay surveys rank the school well, even given that they are not normed for zip code and the associated cost of living.</p>
<p>I think Michigan should not target minorities for scholarships. Instead, they should be targeting first-generation college candidates and low-income families with strong academic credentials. Give the full scholarship to the kid with the working class single mother with a top 5% class rank and a 2100 SAT score. Plenty of kids like this actually exist, not sure why Michigan does not pursue them as aggressively as they do Blacks/Latinos.</p>
<p>Michigan doesn’t pursue minority applicants, either. URMs make up < 10% of the student body, despite the fact that Michigan is made up of just over 30% URMs. </p>
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<p>They already do. Michigan meets full-need to instate applicants. Most “working class” low-educated mothers aren’t going to have an EFC out of Pell range.</p>
<p>If you’re talking about OOS people, well pretty soon that likely won’t be an issue as Michigan will (by my prediction) meet need for OOS students within 5-10 years (I’m betting closer to the 5 end). Right now, our priority is to educate top talent in Michigan, not elsewhere.</p>
<p>As an instate student, I feel that Michigan should prioritize that low-income but decent stat applicant from out-of-state than the kid from Detroit with significantly lower stats. After Gratz vs. Bollinger, Michigan may not be able to to seek minorities directly, but they can do so indirectly targeting a geographic region nearby known to have lots of minorities.</p>