Kluge Scholars @ Columbia vs. Fordham Honors programs and dean's scholarship?

Plus, it is tough to turn down a super elite school such as Columbia University–but the $308,000 price tag is, for most at least, an overwhelming factor.

Even if the OP can afford Columbia University at full price without incurring loans, why not save the money & interest for graduate school or a substantial down payment on a home ? After all, Fordham University Honors offers one an opportunity for an outstanding education from a well known school.