Michigan is "OK" as far as gun laws go. We'd be "Great" if it wasn't for the "Purchase Permit" system for handguns.
The BEST thing about Michigan gun laws is that we have a state-level "pre-emption" law. That means that no local municipality can pass gun laws stricter than state gun laws. That really helps.
Here's the basics:
Rifles and shotguns - No special restrictions except any long gun between 26" and 30" has to be registered as a handgun. Anything under 26" is illegal.
Handguns - You must obtain a "Permit to Purchase" from your local PD before buying a handgun. Once you have the purchase permit in hand, you have 10 days to buy the gun and return with the gun to the local PD for the mandatory "Safety Inspection." The safety inspection is just registration under another name. There is an effort to end this practice, but I don't expect it to pass anytime soon.
Assault Weapons - No state level "asault weapons" bans or high capacity mag bans. These get introducted from time to time, but none have gotten any traction yet.
Concealed Pistol License - We have been a "Shall issue" state since 2002 (I think? Maybe 2001?) You do have to have mandatory training to apply and there are certain misdeamoners that disqualify you if you were convicted of them within the last eight years. The process is fairly straightforward though. The bad news is we do have some state-level restrictions on where you can carry. No carry in hospitals, bars, "entertainment facilities" holding more then 2,500 people, etc.
Full Auto - MG's are allowed under state law. The normal Federal restrictions and procedures to purchase apply of course. No SBR's or SBS's though. No silencers either though, although that *may* change.
I notice you are talking about going to school here. Be aware that several (most?) colleges ban possession of guns on-campus, including student apartments, and that they can and do enforce that.
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