Admissions

Dream College vs. Debt-Free College?

Question: I am trying to decide where to attend college this upcoming Fall. My first option is my dream. a prestigious university in my favorite city. My second option is a much smaller and lesser known school in a smaller city. If the financial situation at both were the same, I would pick the first in a heartbeat.

Unfortunately, I would have to take out 15-20k in loans per year at my dream school. At my second option, I would graduate debt free. I am at the point where I will regret any university I pick; at one, I will regret the debt, the other, the dream lost. I know I could be happy at my second option, but I can’t stop comparing it to my dream.

Where is the line drawn between being optimistic and being foolish? Do I follow my heart or reason? Thank you so much for your advice!

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