@Midwestmomofboys @UmichTKDCoach @wis75 @Natalie278 Thank you all for your comments. I’ll keep them in mind when making my decision.
I finally got the financial aid packages, and I must say they’re both pretty generous. Umich is a full tuition scholarship, while UW-Madison is $1500 in excess. The remaining cost (housing, etc) is covered by loans. So in terms of money UW-Madison has a slight edge.