I don't disagree about the degree and where you attend school. If you want to be a HS teacher (and nothing wrong with that), going to Harvard would be a waste of money, imo.
I was thinking of more general terms.... Are you better off attending Harvard or Rutgers? Does it matter? There is prestige involved, but at what point do the costs make Harvard a bad choice (regardless of degree)? Do a large extent, college is what you make of it.. so is the debt worth it?
I would say for me it was worth it. Doors were opened that would have been closed at UNL. But that was 20+ yrs ago. And prices continue to climb at rates well beyond inflation. Maybe the current answer is... it depends upon your major. But 10 years from now?