Quote:
Originally Posted by AGDee
She did lots and lots of research, but at this point, it is too late to apply anywhere else. She has options. Personally, I wish she would see what a gem U of M really is, especially since it's so much cheaper than the others. I will be glad when the next week is over and we know who has accepted her for sure.
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My husband loved his time at Michigan. He still talks about how smart, but well-rounded, the students were. Filled with intellectuals.
As someone who attended a very expensive private university, if your daughter was sitting in front of me I would tell her to seriously reconsider it unless the school gives her a very generous GRANT package. I got good financial aid from my university, but it was only half grants. The loan debt is stifling for the first 10 years after you graduate, which is the time in her career when she will be making the least amount of money. And that was for a loan debt significantly lower than it sounds like she would responsible for. When she's paying $500-$600/month for student loans, it's going to make it hard for her to even move out of your house! That's how a lot of young people get themselves into major credit card debt - it's the only way they can afford to live.
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