Why Does the Univ. of Michigan Accept So Few Low-income Students?
It is the fourth-ranked public university in the country, as measured by U.S. News & World Report. It has the second-largest endowment among public universities, at more than $7.8 billion, allowing the school to offer generous financial aid to low-income students like Kalli.
But the University of Michigan has one number it’s probably not proud of: the smallest share of low-income students among Michigan’s public universities, and one of the lowest rates among public universities in the country. President Mark Schlissel says increasing diversity, including economic diversity, on the Ann Arbor campus is a priority.
While income diversity is slowly improving on campus, the school still lags most public universities in the nation.