Awesome info thanks a ton. What I am trying to decide is basically if I do not get Preferred Admission to Ross, BUT get admission to LSA if it is worth it to attend Michigan from a value standpoint. Prestige and potential job openings down the line matter a lot to me, and as I am looking at schools with similar student life (UVa, UNC) this becomes a very important factor. Graduating from Michigan holds a certain distinction, whether or not I am in Ross.
One question I still had that I was having trouble finding online was if I am admitted to Ross and enroll but decide, say, midway through my sophomore year I do not want to continue with Business, how is the transfer out process?