I do have some empathy for OOS students and their families but Michigan is first and foremost a state school dedicated to in-state students. Whether or not Michigan should go private is another story entirely but as of now it is a state school.
I think it’s funny that people complain about professors’ salaries. As someone said upthread, the amount of money they bring in via grants is truly staggering. Not to mention private funding brought in by other faculty members (such as through the new MCUBED projects). You can also look at grad students- the value of my PhD financial package is over 300k for 6 years of funding (includes stipend, tuition, health/dental insurance, etc). However, I’ve also brought in money already to the university via grants and whatnot- and this is before even starting my PhD program.
OTOH, why is there no mention of the thousands of computers and printers on campus? These are certainly not cheap and were clearly not around a decade ago. Things like subscriptions to digital archives, technology sharing, etc are not cheap.
ETA: I say all this as someone who turned down Michigan for undergrad partially because of my dislike for the people (undergrad students primarily) and how they treated low-income students. But I try not to let that cloud my views of the university overall 