You can use the government’s college navigator site to see net price paid by income bracket* (net price drop down), number of students taking federal loans (financial aid drop down) and default rates(cohort default rates drop down) by school. Here is UM’s page https://nces.ed.gov/collegenavigator/?q=university+michigan&s=all&id=170976
Here is Mich Tech’s https://nces.ed.gov/collegenavigator/?q=michigan+tech&s=all&id=171128
*since these are state schools this is calculated based on in state costs, so the info. is not as accurate as it would be for a private school
As a freshman you can take $5,500 in federal loans https://studentaid.ed.gov/sa/types/loans/subsidized-unsubsidized#subsidized-vs-unsubsidized, plus whatever you can earn or have saved.
You’ll need parent contributions or their willingness to take out loans that they will be responsible for paying back to cover the rest.
You can calculate your monthly student loan payments using this online calculator. http://www.finaid.org/calculators/loanpayments.phtml Pay attention to the paragraph after the mo. payment calculation that tells you the income you will need to earn to pay that debt back.
You can take 5,500 freshman year, then 6,500 sophomore then 7,500 junior and senior year. So approx 27,000 over 4 years. That payment is over $300/mo for 10 years. If you don’t qualify for having any portion of your loans subsidized the entire amount will also be accruing interest while you are in school. Only a portion of those amounts will be subsidized and only if you qualify.
Do you know what your FAFSA EFC was? If it was more than $30,000 you won’t be getting need based aid from Mich, but if it was less, you may very well qualify for something that will bring the cost down to your EFC.