Then do the research and find out how much more you might earn if you pay $300K for your degree rather than $100K.
So the suggested alternative to a 300K college is a 100K college.
Here's a good article:
https://www.wsj.com/articles/do-elite-colleges-lead-to-highe...
Quote:
"What we found startled us. For STEM-related majors, average earnings don’t vary much among the college categories. For example, we find no statistically significant differences in average earnings for science majors between selective schools and either mid-tier or less-selective schools. Likewise, there’s no significant earnings difference between engineering graduates from selective and less-selective colleges, and only a marginally significant difference between selective and mid-tier colleges."
Another reality check quote from the same article:
"Our findings are crucial for families to understand because chasing a prestigious STEM degree can leave students burdened with huge amounts of unnecessary debt. Financial aid can certainly help, but for many families, the cost of education can still differ dramatically across schools. For example, if an engineering student chose to attend the University of Pennsylvania instead of Texas A&M, the average starting salary would differ by less than $1,000, but the tuition difference would be over $167,000. At that slightly higher salary, you’d have to work for more than 150 years before you make up for that vast tuition difference."
This is startling and should be considered by every single student and family engaged in choosing a school.
Something else not mentioned is that the education can be better better than the not top-tier schools because they are typically focused on teaching instead of research. In another thread I talked about my smallish college where the dept. chair on down rotated through teaching the into CS classes in addition to their higher level duties.
I went to a local college while living at home with my parents. That saved tons of money. I also worked 20-30 hours/week while in college and paid for most of while I was going. I get that not everyone lives close to a decent college, but many do and still go away.