<p>I’m a junior in college, and when I applied to college, I picked my schools SPECIFICALLY based on the probability of merit aid (my family’s EFC fell in the “doable but rather painful” category,about half the COA of a private university before need). I got accepted to all 7 of my schools, with awards ranging from disappointing to excellent and post-merit aid COA’s ranging from $7k to $20-23k. I choose the cheapest school (a midsized public flagship) and due to mixture of merit aid and a job which will cover approximately tuition, fees, room, and board for my senior year, my parents will probably end up paying about $22k total for ALL FOUR years (including two summer classes), about what one year at my most expensive option would have cost. I’ve worked to get the most out of my university (multiple TAships and a couple of classes which I’ve taught independently, a paid RAship [quite rare for undergraduates in my field], work in other labs [unpaid], multiple full theses, a winning poster presentation, government internship, clinical position, double major, a minor, not to mention things like my sorority, community involvement, etc. </p>
<p>Yet…</p>
<p>I still remember how much it sucked to watch all of my classmates go off to those expensive, elite universities. I was a “CC kid” (4.0 UW, Top 2%, 12 APs, 33ACT leadership positions, Girl Scout Gold Award, proficiency and passion in an unusual language), and here I was attending an unprestigious and relatively unknown university, I wondered if I had wasted the past four years of my life. As selfish is it is, was, and seems, part of me honestly felt like I “deserved” a prestigious school, which I didn’t apply to, as I didn’t see any point in setting myself about to be rejected or having to turn down a school for financial reasons.</p>
<p>I’ll tell you how my decision turns out next year, when I see whether or not I get into grad school. On one hand, yes, I’m very, very glad I picked a “cheap” school, especially in this economic climate. On the other hand, I know I’ll be graduating from a relatively “no-name” school, one without a “name” to carry me, so to speak…</p>