College Selection Advice

atucker

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:

Academic rigor
Money (i.e. if a school gives me a full ride, should I go there rather than plunk down $250k over 4 years)
Ability to do undergrad research
Flexibility
Likelihood to meet cool people
Novelty (this one's a lot weaker though)

My current situation is:

Accepted to MIT, University of Southern California, University of Maryland, Swarthmore, Harvey Mudd, Harvard, and CMU
Getting some form of scholarships at USC and UMD, amount TBD
Not likely to receive that much need-based financial aid
Probably going to start in Engineering, might double major with Comp Sci, Statistics, or maybe Math. If I go to CMU, probably Engineering and Public Policy
I also like and am competent in Economics, History, and English (though, definitely not getting a degree in the last 2)
Maryland is my home state, and I would know a lot of people at UMD

So if you have any advice, for me or in general, I'd love to hear it. If you have any questions yourself, feel free to ask them.

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:

Academic rigor
Money (i.e. if a school gives me a full ride, should I go there rather than plunk down $250k over 4 years)
Ability to do undergrad research
Flexibility
Likelihood to meet cool people
Novelty (this one's a lot weaker though)

My current situation is:

Accepted to MIT, University of Southern California, University of Maryland, Swarthmore, Harvey Mudd, Harvard, and CMU
Getting some form of scholarships at USC and UMD, amount TBD
Not likely to receive that much need-based financial aid
Probably going to start in Engineering, might double major with Comp Sci, Statistics, or maybe Math. If I go to CMU, probably Engineering and Public Policy
I also like and am competent in Economics, History, and English (though, definitely not getting a degree in the last 2)
Maryland is my home state, and I would know a lot of people at UMD

So if you have any advice, for me or in general, I'd love to hear it. If you have any questions yourself, feel free to ask them.

You should be extremely reluctant to turn down a first rank school in favor of a second ranked one. The only two real first ranks schools on your list are MIT and Harvard. Both have fantastic economics departments and there's no reason to prefer one to the other on this criteria. You'll probably have to do a lot less work at Harvard than you would at MIT plus you would probably have a better social life at Harvard at least if you're a heterosexual male.

If a second rank school does give you a full ride you need to consider why they are so desperate to have you, it's probably because they think you would be well above the quality of their average student.

I'm an associate professor of economics at Smith college.

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