Why were you sending 7 AC scouts and 7 HC scouts? I just go all CVs after I get the potential (unless I have less than 1 CV remaining in $). So in reality, you probably sent the equivalent of 52 CVs, plus guaranteed Fr. start and 75% PT, to Michigan's 14 CVs.
That's a bigger elite advantage than I would've thought, but as mentioned your team's prestige is low even for a mid-major. I would've thought a mid-major would have to spend ~2x as much effort as an elite, but it looks like you put in ~4x as much effort depending on how valuable starts and PT are.