<p>aargh I accidentally hit the backspace button so I have to do this all over again. </p>
<p>First, I know exactly how much my UMich education is this year: 22k. We already got the bill, and they gave us the entire year’s total because we’re paying it over a monthly installment over 10 months. Obviously, the number goes up for the upper years to 25k. But this doesn’t count $4k in scholarships. </p>
<p>Then for UChicago, I took the estimated cost of attendance from their website ([Office</a> of College Aid](<a href=“http://collegeaid.uchicago.edu/cost.shtml]Office”>http://collegeaid.uchicago.edu/cost.shtml)), which is 55k for upperclass students. I’m using this figure for all 4 years, because I like to play safe in the event that they decide to have a tuition hike or something like that. But this number doesn’t account for any internships or jobs during the school year that will help cut down on the tuition.</p>
<p>So the cost difference is (55k x 4) - ((22k x 2) + (25k x 2) - 4k) = 130k. I rounded up to 140k to account for any other extras (like further tuition hikes and study abroad). This number is huge … for some people it’s what they earn in 2 years … and I can’t exactly justify how Chicago is worth this much other than my burning desire to go there.</p>