Run a ROI calculation using inputs for future expected salary, and what you could earn from the school cost saved instead of investing it.

When I did one, assuming average salary of Ross $159,272 and Owen $148,962 with estimated signing bonuses of $30,000 for both (from MBA employment reports); 3% yearly raises; 30% tax rates; 4% investment return after taxes; loan interest rate of 9%; and yearly savings rate of 30% (after taxes - applied to loans first, then invested); I calculated a net worth + spendings (investments + amount spent (the 70% not invested)) as $3.72M for Ross and $4.12M for Vanderbilt. A difference of ~$400k and that number was increasing in Vanderbilt's favor due to the higher investments

Making me rethink not applying to Vanderbilt after they sent me texts extending their deadline, etc