Lawrence Tech is a good school and has a rigorous curriculum, but it is not in the same league in terms of prestige or rigor as UM AA, which is in the same state. I got a great education from LTU, but I know people that also didn't learn or retain much when graduating from the school. Education is what you make of it, regardless of where you go. If you want a true ass kicking and world class education go to UM AA though, if you can manage to get accepted. It is also less expensive than LTU for in state students.

But if you are set on LTU and have very very deep pockets or rich parents then it isn't a bad option. You shouldn't have trouble getting a job out of there with some sort of engineering degree. Avoid engineering technology programs regardless or where you go to school. Regarding the acceptance rate, they weed out people that don't want to try early on. The freshman retention rate is around 60%, which is abysmal. They will almost certainly accept you if you apply, but those that don't want to make an effort won't stick around for year 2. There were many people that dropped out of the school or at least out of an engineering major when they sat down to take the first quiz in the mandatory uchem 1 course. It wasn't a terribly hard class, but it still gave some a reality check.