NU + 4,000/yr more loan vs. UMich

rjkofnovi
Thu, 07 Apr 2011 05:13:17 +0000

“This may or may not be applicable…however…NU is a private university vs a state university scenario. If your state budget is impacted, then graduating within 4 years may be difficult.”

The University of Michigan is well equipped to handle the downturn in state funding that has been going on for years. Michigan, unlike California publics, have been much better financially managed over the decades. The regents of the school knew years ago, thanks to the up and down swings of the state’s economy, that the only way to keep the school world class was to raise it’s endowment significantly. In other words, graduating within four years or less is not difficult at all to achieve if a student chooses to do so. The classes and framework are set up in a way to accomplish this and a downturn in the economy, while devastating to some states schools, is not changing the overall experience at Michigan.