As the University of Michigan prepares to implement the Go Blue Guarantee — offering four years of free tuition for in-state students from families with an annual income up to $65,000 starting in January 2018 — it remains a top choice among prospective students and families.
The University of Michigan is ranked No. 3 by Money Magazine's "Best Colleges for Your Money."
The ranking looked at 711 colleges and evaluated them on 27 factors within three broad categories: educational quality, affordability and alumni success.
The University of Michigan will launch a new financial aid program for in-state students that offers a "Go Blue Guarantee" of free tuition for up to four years for students with family income of up to $65,000.