<p>I would say that you should balance cost with quality. Obviously, paying $40K a year for Big Name Private Univ. isn't worth it if you can get a free ride to Big Name Public Univ. But, if it's only say a few thousand more a year for the better name, I'd say go for it. </p>
<p>But major shouldn't be your biggest consideration. Odds are he'll modify his goals at least a little bit throughout his college career.</p>