{"id":3374,"date":"2010-06-08T11:30:17","date_gmt":"2010-06-08T19:30:17","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=3374"},"modified":"2013-03-19T20:29:48","modified_gmt":"2013-03-20T03:29:48","slug":"how-to-choose-a-university-price-over-prestige","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/how-to-choose-a-university-price-over-prestige\/","title":{"rendered":"How to Choose a University: Price over Prestige?"},"content":{"rendered":"

A recent CNN.com video, \"Students choosing price over prestige?\" describes how American high school seniors have some pretty tough decisions to make: Should they pursue a prestigious, top-dollar education at an Ivy League school? Or should they settle for a more affordable option\u2014a state school or community college? Which, in the end, will offer more value?<\/p>\n

Part 1<\/a> tells the story of a high school valedictorian who chooses to attend The College of New Jersey, over Boston College, so that he can afford med school later on. The video explains how such a move (away from prestige and towards a more attractive price tag) is increasingly popular, as is the decision to attend a three-year undergraduate program<\/a>, another hot topic in the discussion of cutting costs and increasing value.<\/p>\n

Students Choosing Price Over Prestige?<\/a><\/p>\n

Part 2<\/a>, as commentary in the New York Times<\/em>' The Choice<\/a> <\/em>puts it, is \"a cautionary tale.\" It tells the story of an NYU graduate with a business degree who now lives in Pennsylvania, over a gas station, and with a two-hour commute to his New York City job, so that he can pay off his $250,000 debt.<\/p>\n

More Kids Leaving College in Debt<\/a><\/p>\n

For more on determining school value and return on investment (ROI), please see related Accepted blog posts:<\/strong><\/p>\n