I don’t think the New School students would be very helpful to you. All three were college students not that interested college, and I know they don’t know much about other schools. I think they sort of stumbled into the school and were mostly happy to be in NYC and working and enjoying all that comes with being in the city. One was in dance/performing arts, none of them were in business programs. (They are all very talented, creative people.)
I don’t know much about Baruch. The big thing is that it is very much of an urban campus. I believe all or most of the “campus” is a 17-story building. USNWR gives the campus size as 3 acres. In contrast, it gives Penn State (main campus) as 7958 acres and Michigan State as 5192 acres. Baruch will be very much living in a major city. The other two will be a traditional state university campus experience with dorms, dining halls, Big Ten sports, Greek life, etc. etc. Some would prefer the one, and some the other. How about you?
I always argue that rankings really are of very limited usefulness. They are based on specific criteria, which may or may not jibe with a student’s interests and goals. Also, how can a small rural LAC like Williams be ranked in comparison to a major urban research university like UT Austin? But, in your case, I think it is a little helpful to see the overall numbers, just for a rough picture. Forbes has Penn State #142; Michigan State #178; and Baruch #200 out of all colleges/universities. USNWR has Penn State #52 and Michigan State #81 in National Universities; Baruch #20 in Northern Regional Universities. (USNWR classifies schools as national universities, liberal arts colleges, and regional universities, which are schools that generally attract students from their region, and perhaps most will end up living and working in the region. These do include many excellent schools.)
Out of over 3000 total US schools, these are all highly ranked. For your purposes, Baruch is a little lower, but not significantly so. I think it certainly is a quality school where you can get a quality education. As you point out, Baruch students are living in NYC, which can give some great networking opportunities.
One question I have: have you factored housing, food, and other costs into the numbers you provide? Baruch does have some housing. Are you living there? If so, is that included in the $22k? If not, that would be a substantial additional cost. Food and transportation in NYC will be expensive too.
So, for me, it comes down maybe a little to ranking/reputation, but maybe more to lifestyle and cost. Do you want to live in NYC more than a big state u. campus? If not, how affordable are MSU and PSU? Is the price difference minor or substantial or prohibitive for you and your family?
I personally find it useful to look at deciding to spend more on school a matter of deciding if you want to bet on yourself. If you spend extra, will you get up everyday and go to class, seek out professors and TA’s for extra help, take advantage of opportunities, make opportunities, treat everyone with dignity and respect? If so, the extra cost can be money well spent, if it’s affordable. It’s money you’re putting on yourself to do well. If not, it won’t be worth it. You get to decide the answer to that one.