<p>Believe me, Princeton is still not exactly as good as MIT’s engineering, but for an undergrad you’ll never feel the difference. Plus, there are so many perks in doing Engineering in Princeton (small size, undergrad focus).
Finally, I know SO MANY engineers who got into both and chose Princeton (mostly because of financial aid but a good portion did it for the campus/atmosphere/undergrad focus)
Finally, qualitatively speaking : Princeton is way up there (better than the 10th rank in some other ranking: it is 3-6th in others)</p>