To even answer this question, I’d need to know more about how Penn’s nursing program works. (Since apparently it’s the only Ivy with an undergrad program.) How much time do you have for courses outside nursing? Can you take the full range of freshman seminars or whatever other goodies are offered? Will you have time for the same extra-curriculars as students in other majors? There are plenty of good reasons to choose Penn over the local CC and probably over the local state college, but only if you are going to have time to avail yourself of what Penn offers. I would expect that the nursing curriculum, because it’s highly regulated (like engineering BTW) would be fairly similar across the board. (Though I imagine Associate degrees in nursing will cover less than the Bachelors.)
As others have pointed out the Ivy education with financial aid, may be less expensive or at least very competitive with other options.
I realize I am lucky not to have to think about the ROI for colleges - but really I thought it was about the education as much as job placement. Some of my favorite courses, the ones that have enriched my life in the long run, had nothing to do with my major.