<p>NYao, as an Economist, I am definitely a great admirer of the University of Chicago. And in some fields, such as Physics and Economics, I would definitely agree that Chicago is better than Michigan and indeed up there with the likes of MIT, Princeton, Stanford and Harvard. But overall, as an undergraduate insitution, Chicago is not on par with the Big 5 (H,M,P,S and Y). It is not far behind mind you, but it is not quite up there. Chicago is roughly equal to Brown, Cal, Columbia, Cornell, Duke, Michigan, Northwestern and a couple other universities. That's not just me speaking mind you. Just look at the Fiske guide (Michigan is one of 30 universities and LACs to get the ***** academics rating), the Gourman Report (Michigan is ranked #3 at the undergraudate level), the USNWR peer assessment score (like I said, Michigan gets a rating of 4.5/5.0. Brown, Columbia, Cornell, Duke, Northwestern etc... all get ratings of 4.4-4.6), the Wall Street Journal placement ratings etc...</p>
<p>To a degree you are right, Michigan attracts a wider range of students than Chicago, but like Chicago, Michigan is also known for having a limited range of applicants. But where you are wrong is your assessment that Michigan is not selective. Like I said before, according to the Princeton Review, Michigan gets a selectivity score of 98 (99 is the highest). According to the USNWR, Michigan is the 22nd most selective university in the nation. According to Newsweek, Time Magazine and other major publications, Michigan is rated "Most Selective" (the highest selectivity rating awarded). In short, although Michigan is not as selective as the smaller private elites, it is still pretty damn selective. </p>
<p>And I am not quite sure where MSU, Michigan Tech and Central Michigan come into the picture.</p>