<p>UVa Michigan and Texas are the three wealthiest public universities on a per student basis. UVa’s endowment per student is ~$255,000, Michigan’s is ~$185,000 and UT-Austin’s $140,000. No other public university has an endowment/student that comes close to $100,000.</p>
<p>Wisconsin has over $100K per student. Approx $105,000.</p>
<p>Just out of curiosity, how many OOS applicants do each of these institutions have? If students from all over the country are willing to pay OOS tuition, that says a bit about the school’s national reputation.</p>
<p>Not really…schools like UT are required by law to have a minimum of 90% in-state undergrads.</p>
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Absolutely not! State legislatures put caps on the number of OOS applicants that the state-funded universities can accept. Texas and California are notorious for only allowing small percentages of OOS to be accepted. It has nothing to do with the university, but rather the state that funds the university.</p>
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Do you have any sources to back up these numbers? I can’t find any.</p>
<p>Barrons: I’d be interesting in hearing what you heard about changes to UVa’s need-based aid. The only change that has been made public is an intent to shift more towards work-study for out of state students, to slightly reduce cash aid. I could certainly imagine requiring everyone receiving aid to take out federally-subsidized loans - right now low income students at UVa do not need any loans.</p>
<p>UVA’s out of state tuition and student fees (not including room and board) are now up to 37K, except it is 40K a year for commerce.</p>
<p>In answer to a question above, UVa has always maintained 70% in-state. I believe UNC is required to stay at about 90% in-state, and many highly qualified out of state students don’t apply there because of it. Penn State U. Park I believe is now up to 1/3 out of state - and Penn State treats in-state the same as out of state for admissions purposes - there is no preference.</p>
<p>Andrew and JWT…Yes, I realize that some states have small caps on the % of OOS students; however, if the school is viewed as incredible and prestigious, that cap doesn’t deter or prevent ambitious, high stat kids from applying. Our daughter applied to UNC and UVA despite being from TX, a state with a couple of great publics. Many of her classmates applied to these OOS publics as well as UCB and Michigan. Our son will apply to UT – it’s a GREAT school and a great value; however, he’s interested in business and will also apply to Michigan and UVA along with a smattering of privates.</p>
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Berkeley Haas, UVA McIntire and Michigan Ross are not going to yield any more opportunities than UT McCombs. UNC Kenan Flagler and McCombs are generally viewed as equivalents anyway. Career-wise, the only major difference between these schools is where graduates end up. Haas feeds into SF and LA. Ross feeds into Chicago and NYC. McIntire and Kenan-Flagler feed into Charlotte and Atlanta. McCombs feeds into Dallas and Houston. That’s really the only difference between these programs. They’re all ranked within the top 7 or 8 undergrad business programs in the country.</p>
<p>The only schools really better are Wharton and NYU Stern.</p>
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<p>I don’t know anything about Penn State, but I doubt this totally true.</p>
<p>andrew, Stern is no better than Ross, Haas or McIntire…and all four are slightly better than McCombs. Don’t get me wrong, McCombs is excellent (as you pointed out, as good as Kenan Flagler, Tepper and several other excellent BBA programs) and will provide its grads with excellent opportunities, but Ross, Haas and McIntire open doors that only few programs can. If you look closely at placement statistics, you will notice a difference.</p>
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<p>Huh? Which is it?</p>
<p>fwiw: UCSD has both an strong engineering program and social sciences (twice the size of engineering). UCSD also does bio-sci quite well (top 15 med school). SD also does Communication, Visual Arts, Linguistics, Management Science. In short, its a major Uni.</p>
<p>FYI - I just checked, Penn State main campus is 34% out of state. Because it is a state-related, and not state-owned, university, they have freedom to establish their own admissions policies, and don’t have a mandate to give preference to in-state students. U. Pitt has also seen a huge increase in out of state students.</p>
<p>^^Don’t forget the demographic in play here. I have no doubt that Michigan is a national university, but not necessarily due to its OOS % enrollment. (It is top tier due to faculty.) But the fact is that the northern states are not growing as fast – or not at all – at those in the sun belt and the State of Michigan in particular has fewer high school grads. Michigan HAS to recruit OOS students to maintain its highly selective student body. </p>
<p>Not the same issue in Va, NC or Calif.</p>
<p>"Michigan HAS to recruit OOS students to maintain its highly selective student body. </p>
<p>Not the same issue in Va, NC or Calif."</p>
<p>Michigan still has more people in it than Virginia and North Carolina. The obvious difference is that the entering class size at UMich is considerably larger than either school mentioned. Michigan has always had a substantial OOS class, even when the state was growing. This is nothing new.</p>
<p>charlieschm-the UVa board has hired a consultant to study the issue with an eye to reducing the cost. The cost was far higher than projected as many more needy OOS students took advantage of the program. It is all in the BOV meeting agendas and minutes.</p>
<p>bleubayou, Michigan does nothing special to attract OOS students. It does not advertise or give away money. In fact, Michigan has the reputation of being stingy with OOS student aid. Even then, the University remains extremely popular among Northeastern and California students.</p>
<p>^ I believe that wasn’t the first time you said that, Alex, yet – to bad – it seems like you have to say it over and over again.</p>
<p>Lots of schools are popular among OOS students. What’s more important is the caliber of students these schools are attracting from beyond their borders. Universities like Arizona State have high OOS populations but they tend to attract the “fun in the sun” crowd than academically serious and intellectual students.</p>
<p>“Fun in the sun,” would be about the worst definition I could think of for Michigan. lol</p>
<p>^I wasn’t talking about Michigan at all. Clearly it is not a “university like Arizona State”. The world doesn’t revolve around the Wolverines you know.;)</p>
<p>“The world doesn’t revolve around the Wolverines you know.”</p>
<p>As often as you post in the Michigan forum, I just assumed it did. :-)</p>