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Is it worth it to spend the extra money to go to a well-known school?

I am trying to decide between a prestigious college with a lot of good resources for STEM majors, and a more local college which is much cheaper to go to but still has a very strong program for my major. Is the extra cost worth it for the name recognition and opportunities the prestigious college might offer?

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Grace’s Answer

Hi Reanna! In a hiring scenario, I think it depends more on the individual themselves rather than the name of their school. A fancy school on a resume doesn't mean much if the person doesn't reflect hard work or dedication. You can definitely highlight the skills you learn at a smaller, less expensive school, especially since it has a strong program as well. It's a good idea to consider what each program offers you, how much you like each school, the culture there, and compare the costs. Best of luck!
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Hassan’s Answer

The short answer is that it's likely NOT worth the extra money if the school rankings are close and the cost difference is large. The opposite maybe the case we're talking Top 10 school and small cost delta.

Usually, the value of a Top 10 school is the potential of a higher paying job at a top tier company and the alumni network that can help find jobs down the road. The caveat is that after a few year, your income will likely depend on your actual experience and who you worked for rather then where you graduated from.
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