Good point billcsho. As Michigan becomes more generous with FA (it is not there yet, but they are getting better), the yield rate is going to rise. Also, the perceived desirability of a university rises as its admission rate drops. Michigan’s admit rate dropped from over 50% to under 25% this decade. As this trend continues for the foreseeable future, coupled with improved FA, I think Michigan’s yield will rise to the high 40%s…even hit the 50% mark.