Prestigious Public vs Unknown Private

<p>Okay, if you even decided to check this post thinking "Another public vs private decision," hold on. I think mine is a little different than other ones.</p>

<p>The two schools that I am considering are Georgia Tech and University of Tulsa. One is a fairly large public school that is generally regarded as a Top 5 engineering school in the U.S. On the other hand, Tulsa is a pretty small private that does not have near the prestige as other engineering schools. I would be majoring in Chemical Engineering.</p>

<p>The main factors that I am considering are:</p>

<p>1) Money
After subtracting scholarships, going by the universities' expected Cost of Attendance (on a side note, how accurate are these estimates?) Tulsa would be affordable while Georgia Tech would be walking a close line when it comes to taking out a loan. It's estimated to be about $7000 more expensive, and I'm not sure how money gained from internships/co-ops would effect my single scholarship (for $5000/semester).</p>

<p>2) Academic Experience
These are both ABET-accreditted programs, so I'm assuming that I'd pretty much be learning the same material at each school. My thinking was that at a place like Georgia Tech, there would be a lot of lower-level classes where there'd be a ton of students with a fairly tough grading curve. But after those first two years or so, the upper-level classes would be okay as far as size and individual attention goes. At Tulsa, there would be small classes all the way through, but they would not have facilities on par with GT's (correct?).</p>

<p>3) Career Opportunities
From what I've seen, Tech's Division of Professional Practice is really solid. They've got great co-op and internship programs, and they also attract a ton of companies wanting to hire students. If I decided on not going to grad school, I think I'd end up getting hired right out of college pretty easily. At Tulsa, internship and job opportunities don't appear to be as easy to come by. It seems to me that I'd almost be forced to go to grad school at a top program because I just would not have too many good offers right out of college, unlike at Georgia Tech.</p>

<p>The big question is, would it be an unwise decision turning down a school as good as Georgia Tech? Tulsa certainly has its pros, and affording Tech in my financial situation seems a little risky, even though money from working could possibly help (if anyone could clarify how money from internships/co-ops would effect my scholarship, that'd be great). The scenarios I see playing out are</p>

<p>A. Best case - go to GT and graduate without having to take out any loans.
B. Go to GT and graduate with about 24-28k in loans (this would be worst case at GT).
C. Go to Tulsa, graduate not ever having to worry about loans.</p>

<p>Extra questions:
How accurate are Cost of Attendence estimates? (Here is Georgia Tech's: Costs</a> & Tuition, and I remember Tulsa's being about the same)
How much does money from internships/co-ops effect FA packages (would they just subtract out the amount you make, making the net change $0)?</p>

<p>The only way that I can see internships effecting your scholarship money is that when you fill out your FAFSA you’ll have more income so you might not be eligible for as many need based scholarships or something. Other than that every internship I’ve ever had I picked up my paycheck every couple weeks like any other job.</p>

<p>Graduating with debt sucks, but GT is substantially better than Tulsa, and you’ll have far more access to internships/jobs there.</p>

<p>If you did co-op at GT or paid internships in the summer, it could help you offset some of those costs. In the end, getting hired by top companies because you went to GT I think constitutes that amount of loans. It’s not too big of a loan to severely hamper you financially once you get a job, and if you decide to go to grad school, there are plenty of opportunities at GT to do research and things like that.</p>

<p>My uncle, however, did turn down GT (after taking a few classes there, he was an international) and he went to a private college on the beach in Florida… never regretted a moment. He eventually graduated with a 3.8 in honors cognitive science and got a CS fellowship to a pretty good school. He had a great time and clearly pulled off the grades, probably because he was in an environment he enjoyed. If you’re smart, you’ll do well anywhere.</p>