This is M&T (Jerome Fisher). It’s fairly unique (only Berkeley might be able to claim something similar in terms of what it means. IBE is similar but doesn’t mean the same power.) Btw Wharton bachelor’s makes MBA un necessary although it’s often pursued generally at top BS - but a top MBA can be had after a strong engineering degree from Michigan and a few years working.
Yes costs matter as here they’re really really high. However the two programs aren’t comparable.
In addition, a kid from Central Philadelphia with a 3k EFC (other thread) isnt quite in the same situation as an Ivy full pay family.