A general suggestion is to not put too much emphasis on money. The good schools will work with you, and if you demonstrate financial need, they will shoulder at least some of the burden.
Furthermore, student loans may seem scary, but graduating from a top tier school with loans is often preferable to graduating from a more mediocre one in the black, because your earning potential will be that much greater. There are websites that track graduate salaries according to alma mater. The difference is often quite large, even more so when you consider how it adds up over the years.
Plus there are all the intangible benefits you will obtain from the more prestigious institutions. Access to world-class faculty and facilities, beneficial social opportunities while on campus and alumni networks afterwards, the brand name of the school, etc.
What do you mean by flexibility?
By flexibility I mean the ability to switch majors or something if I find out that I have different interests.
I, and a lot of other people my age, are currently facing a pretty big life decision -- where to go to college. Since this is probably going to have a pretty big impact on my life, I'd like to get some more information on this.
Seeing as a lot of people here have probably made this choice already, gone through with some of the consequences of it, and are rational, I decided to ask here.
My current considerations are: