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The University of Michigan (U-M, UMich, or Michigan) is a public research university in Ann Arbor, Michigan, United States. Founded in 1817, it is the oldest institution of higher education in the state. The University of Michigan is one of the earliest American research universities and is a founding member of the Association of American ...
The National Association of College and University Business Officers (NACUBO) maintains information on endowments at U.S. higher education institutions by fiscal year (FY). [1] As of FY2023 [update] , the total endowment market value of U.S. institutions stood at $839.090 billion, with an average across all institutions of $1.215 billion and a ...
Michigan Stadium was built in 1927 at a cost of $950,000 ... Michigan Stadium is used for the University of Michigan's main ... after the annual Wolverine ...
The following graph shows the inflation rates of general costs of living (for urban consumers; the CPI-U), medical costs (medical costs component of the consumer price index (CPI)), and college and tuition and fees for private four-year colleges (from College Board data) from 1978 to 2008. All rates are computed relative to 1978.
Annual cost of a comfortable living: $92,599. ... Michigan. Annual cost of a comfortable living: $77,275. Cost of 20 years of comfortable retirement with Social Security: $645,105.
The most recent renovation cost the University of Michigan Athletics Department $16 million and was done by Rossetti Architects. [ 9 ] [ 10 ] The renovation began in the spring of 2012 and was completed in September.
The new hospital was the most expensive building project in University of Michigan history and one of the most expensive construction projects in state history. Of the $754 million cost, the university financed $588 million through tax-exempt bonds, $91 million through cash reserves from hospital operations, and $75 million through fundraising.
The 'University of Michigan School of Business Administration was founded in 1924; it offered a two-year Master of Business Administration after three years of general studies. There were 14 faculty members, including one of the first women to be part of a business school.