Great article in the New York Times about the value of college.
There is essentially zero difference in work engagement between private and public schools:
The breakdown of this again suggested minimal advantage to a private school or an especially selective one. While 39 percent of public-school graduates were engaged in work, 40 percent of graduates of private nonprofit schools were. For graduates of national universities in the top 50, the figure was 41 percent. It did tick upward — but only to 47 percent — for graduates of top 50 liberal arts colleges.
Other keys to finding job fulfillment: finding a mentor and working on a meaningful project or internship.
What else augurs well for success after college? Graduates fared better if, during college, they did any one of these: developed a relationship with a mentor; took on a project that lasted a semester or more; did a job or internship directly connected to their chosen field; or became deeply involved in a campus organization or activity (as opposed to minimally involved in a range of things).
And debt is bad.
Significant amounts of debt do have a long-term impact on graduates’ well-being, so it may be a mistake to borrow more money to go to one college over another. You think you’re expanding your horizons, but it’s possible that every subsequent step is circumscribed by the need to repay loans rather than any larger professional strategy.