How much debt is Michigan worth?

DadTwoGirls
Mon, 12 Mar 2018 00:13:06 +0000

“Michigan is by far my favorite school in the world.”

I think that this is the main problem.

Michigan is a very good university. There are a lot of very good universities. There are even several which are comparable to Michigan.

Ideally, you would avoid all debt for undergrad, while attending a very good university that has a very strong program in your major and is a good fit for you.

If you have to take on debt, and if you would be paying OOS costs for U.Michigan, then you are looking at a tradeoff between the cost versus going to a school where you want to go versus getting the academic program that you want.

Assuming that it is even possible for your to borrow enough money to go to and graduate from U.Michigan, I don’t see how the rest of us can give an intelligent opinion regarding whether it is worth the cost without knowing what your other choices are, and what your finances are. However, if you are borrowing the full OOS cost for any university, or if you are borrowing more than the student federal loan amounts, I doubt that it is worth it.