60k debt for Ivy League or free state education?

<p>poetgrl…Yeah, really. If you’d follow the links referred to in the posts and read the articles, it’s gross misinformation by the original author. UF is not eliminating its Computer Science program, it’s simply shifting all the CS research to the Engineering department. The same degree opportunities will be available as always.</p>

<p>While being selected as a John Jay Scholar would indeed be an outstanding opportunity, do you really advocate betting $60K on an honor that’s bestowed upon 25-30 students each year (I believe Columbia’s accepted student count is around 2,363 for the Class of 2016)? While a slightly higher than 1% chance may not be “irrational”…it’s a heck of a huge gamble to “reduce” debt as opposed to eliminating it. YMMV.</p>