<p>AlexE, read your comment above. My D would have to take out about $100K ($25K per year) in loans if she were to go to the ivy she was admitted to. I would be paying $100K ($25K per year). Berkeley would cost $25K per year so she wouldn’t have any debt if she went there. The ivy is Columbia. Which would have greater potential for admission into a good grad school, undergrad from Columbia or Berkeley? From what I am hearing, grad school is more important than undergrad (she would like to major in English/business).</p>