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[quote=Anonymous]The other posters have made good points so I won't repeat them. Just wanted to add one other item into the mix from my own experience. In my case, I was looking at a mid-level school .. probably in the top 50-100 (that was also offering a partial scholarship) versus a top-25 school with no money. The mid-level school had a top 10 ranking for my particular field of study, while the top 25 school was considered a leader in the field.

I thought about it a lot, and ended up choosing the top 25 school, because the overall academic rigor was better, and I'm glad for it. You don't want to be the smartest person in the class, or you're not getting your money's worth.

Same situation with a friend of mine doing his MBA in this area. One school offered him a really good scholarship but was not well ranked. He chose them over another school in this area that did not offer money, but was higher ranked. He regrets the decision, as he really was the smartest person in his class by choosing the poorly-ranked school, and that's not a challenge.

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