No university is $160k better than Cal…not Stanford, not Harvard, not MIT, and not Cornell. Flawed rankings try to push the notion onto the public that Cal is a marginal top 20 university. It is not. It is an unanimous top 10 university, on par with the likes of Columbia, Cornell and Penn. Cornell will be more heavily recruited by Wall Street IBanks, just as Cal will be more heavily recruited by Silicon Valley tech companies. But that does not justify the $160k delta.
Of course, if money is not a concern whatsoever, then going for fit may make Cornell the better option. But otherwise, Cal is the way to go here.