<p>“What about schools like Georgetown, Emory, U Chicago, Rice, Carnegie Mellon, or Northwestern (all in the top 25 research unis)?”</p>
<p>I personally can’t attest to the atmosphere of such colleges because I’ve never attended one nor had a close connection with one. Perhaps some of the alum (such as the one who PMed me) would give their perspective about the lifetime advantages of attending such a place.</p>
<p>“Moreover, I’m not so sure that high SATS and GPAs automatically translate into the most intriguing or imaginative students.” </p>
<p>I don’t think that anyone ever said that the above is correct. What I and perhaps some others have said is that the very top colleges have the luxury of selecting from their overabundance of applicants with high stats the ones who also demonstrate the characteristics of pursuing ECs with passion, creativity, leadership and talent. </p>
<p>This is not the bulk of the students in the country with high stats.</p>
<p>There also are students without high stats who are creative, are leaders, etc. but they would not get accepted to the most selective colleges because they lack the organizational skills, motivation or other characteristics that would allow them to graduate. (I have at last one kid who’s like this. He passionately pursues whatever interests him, but he also ignores academics that don’t interest him.). </p>
<p>So, the question remains, what are the lifetime advantages of attending top schools (however you define "top schools) with high price tags (the latter was implied, but not stated in my original post)? Would these advantages make it worth it to you or your student to, for instance, borrow $40,000 or more to fund that undergrad education?</p>
<p>I don’t think that there’s a payoff when it comes to being successful as defined by one’s eventual career or possible earnings. I think that a student who’s talented enough to get into a very top ranked school has the smarts and personality to get into professional school or obtain other types of academic achievements that would help them get into what many would view as highly respected, very lucrative careers.</p>
<p>With the exception of possibly places like big East Coast cities like Boston, NYC, Washington, Philly, I don’t think that going to a place like an Ivy will be more of a door opener or provide a better network than would State Flagship U (which depending on where one lives, may be the best door opener and way to get connections).</p>
<p>From what some have posted here, paying the extra money to go to pricey top university may be worth it if there’s a better fit for the student than the alternative. This includes for students who flourish better in an atmosphere in which there are a majority of peers who not only are smart and academically included, but who also pursue ECs with an equal amount of passion. </p>
<p>Some also have said that for some, bragging rights can make the extra $ worth it. The shot of confidence that some get by going to a top school and surviving or thriving in that experience also is worth it for some.</p>
<p>On the other hand, others might flourish in a less competitive college where they are the big fish in the small pond and where professors would be more likely to mentor them than is likely to occur in some of the top universities that emphasize research more than teaching.</p>
<p>As for me, would I have chosen to go to a pricey top university if I had to take out $40,000 in loans as some CC students and parents have posted about doing? I probably would not have. I think that I would have chosen to go to a less competitive college that wouldn’t have left me in such debt for undergrad. I would have set my sites on excelling there, and would have focused on going to a more competitive place for grad school (and getting the fellowships that would have paid my way!). </p>
<p>While I got a lot out of my undergrad Ivy experience, for me, the payoff would not have been worth $40,000 (a $20,000 loan would have been wroth it) or more. It’s interesting for me to see how others view this dilemma, which is very real for many families (but in the case of my own kids’ situations, is only hypothetical because they don’t have the gpas to get into the very top colleges).</p>