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My son ... applied for scholarship and was offered half of the OOS tuition excluding room and board. We save some money to pay for 2years worth of schooling but the rest will be his parents working overtime and him geting student loan. I just want him to think wisely but his thoughts are that he will recover the money if he goes to the better school and that are the OOS schools.
Your son is misinformed. Engineering is fairly standardized under ABET accreditation. Fwiw, my husband and oldest son are both engineers. They both work with engineers from across a full spectrum of schools, Pay at graduation is the same no matter where they earned their degree. Promotions and raises are based on job performance and not school. People from higher ranked universities can make less than engineers from Podunk U.