prestige vs price?

Bay
Fri, 23 Nov 2007 17:18:39 +0000

There is more than one way to look at this. First of all, OP didn’t say he’d have to take out $160,000 in loans. But assuming he does, then another way to look at the loan payment is: Is the degree from the prestigious U likely to bring in $12,000 more per year (or whatever the annual loan payment is) after taxes than the degree from the state u? It may not be so unrealistic to assume that Chicago, Darmouth or WashU could do that (say, $56K starting salary vs. $40K for state u).