<p>My S estimates, now that he’s finally thinking about it, that the “prestigious” school he’s been accepted to will cost him roughly $280,000 (after tax) more than the state school down the road that’s in the top 10 in his major. That’s noting the differences in costs and scholarships and the salary lost because the more prestigious school won’t accept all his college transfer hours. Starting salaries for new graduates are nearly identical, which is interesting given the differences in the cost of living. There are other downsides to either school, of course.</p>
<p>Are you sure you always get what you pay for?</p>