The Prestige Factor

@Schadret: “So generally - is a biology degree from Princeton/Penn/Harvard worth 80k more than a biology degree from Stockton/Rowan/Rutgers/Drexel when Med or Grad school is going to be required anyway?”

I would say “yes” because plans may change and the Ivies will open more doors and be a different experience. When the difference gets close to $200K, it becomes harder to justify. $200K grown over 50 years at a reasonable real rate of return (say 4%) will grow to be nearly enough to fund a (frugal) retirement just by itself.

BTW, the difference for you is more like $40K-$70K.