I recently got a call that I have the opportunity to be a Chancellor Scholar at UW Madison. It covers full tuition and awards an $800 stipend for books. Would I be a fool to turn this down in favor of a 50k+ private university? I may be jumping the gun on any acceptances, but I think its a valid question. I applied to Madison because all my friends did. I honestly had no desire to attend a state university before this scholarship. Money is not really an issue for my family, but any amount I don't spend on college is mine to keep. Basically my parents said the decision is mine. If I do turn it down, I'll feel guilty. The program sounds pretty nice with all the service opportunities and private networking, but I just don't know if it beats a school like Northwestern. I always had a dream of being a Wildcat, but the money and title from Madison is beginning to look really enticing. So, what are your thoughts?