Unless you are going to one of the big prestige universities, I don’t think it matters which you choose all that much. Save money.
My experience is that this is right. The list of top-tier global institutions, in terms of prestige, is short: Oxford, Cambridge, Harvard, MIT, CalTech, maybe Berkeley, maybe Stanford and Waterloo if you want to work in tech, maybe another Ivy if you want to do something non-tech. The prestige bump falls off fast as you move further down the list. Lots of universities have local prestige but it gets lost as you talk to people with less context.
Prestige mostly matters if you want to do something that requires it as the cost of entry. If you can get in, it doesn’t hurt to have the prestige of a top-tier institution, but there’s lots of things you might do where the prestige will be wasted.
Sadly, this is a tough thing to know whether you will need the prestige or not. You’ll have to make an expected value calculation against the cost and make the best choice you can to minimize the risk of regret.
Also matters what the experience is like. High prestige university allows you to get a job at a high prestige company. Low prestige university makes it a lot harder to get considered for jobs at high prestige firms. You’ll have to outperform high-prestige peers by, say, 50% to get noticed if you want access to the same sort of opportunities they get access to via prestige.
(To be clear, I’m not in favor of this sort of thing, I just want to be realistic about it and I wish someone had been real with me about it when I was 17 trying to decide where to go to college. Don’t rely on your ability to outperform others. Take every advantage you can get and then leverage them to do even more!)
My experience is that this is right. The list of top-tier global institutions, in terms of prestige, is short: Oxford, Cambridge, Harvard, MIT, CalTech, maybe Berkeley, maybe Stanford and Waterloo if you want to work in tech, maybe another Ivy if you want to do something non-tech. The prestige bump falls off fast as you move further down the list. Lots of universities have local prestige but it gets lost as you talk to people with less context.
Prestige mostly matters if you want to do something that requires it as the cost of entry. If you can get in, it doesn’t hurt to have the prestige of a top-tier institution, but there’s lots of things you might do where the prestige will be wasted.
Sadly, this is a tough thing to know whether you will need the prestige or not. You’ll have to make an expected value calculation against the cost and make the best choice you can to minimize the risk of regret.
After 5 years, I think experience matters more.
Also matters what the experience is like. High prestige university allows you to get a job at a high prestige company. Low prestige university makes it a lot harder to get considered for jobs at high prestige firms. You’ll have to outperform high-prestige peers by, say, 50% to get noticed if you want access to the same sort of opportunities they get access to via prestige.
(To be clear, I’m not in favor of this sort of thing, I just want to be realistic about it and I wish someone had been real with me about it when I was 17 trying to decide where to go to college. Don’t rely on your ability to outperform others. Take every advantage you can get and then leverage them to do even more!)