<p>Another family member did choose to take the more expensive route and went Ivy. For MBA, too. She’s incredibly successful and was able to pay off everything within a few years. If you want to go into academics, you’re better off with the cheaper alternative. But if you want to go into business or anything corporate, Stanford on your resume will get you in the door. It really depends on what career path you’re interested in.</p>
<p>I think you’re smart for considering both. But, either way, I think it will turn out well for you. As 2blue suggested, definitely talk to your parents. Find out how much they’re willing to contribute. And, start applying for scholarships…everywhere.</p>