Is CMU worth the high cost?

InfiniteLibrary
Thu, 30 Mar 2017 07:14:21 +0000

Right now, I’m torn between CMU and UIUC for computer engineering. CMU is much more prestigious and I would rather go there but it costs around $72,000 as compared to UIUC which costs around $50,000.

Even if i go to CMU, my parents won’t have to take out loans to fund my education, but it will take out a huge chunk of their savings and my parents are not really certain about that. Is a CMU education worth $22,000 more? My parents main criterion for a university is prestige and rankings, so how prestigious would you say Carnegie Mellon is? What are some other universities in the same tier?

Thank you