I want to take a second a thank you for the bolded section above. Appreciate your acknowledging that this is simply your opinion. Obviously, I believe your opinions are not often correct, but I wanted to acknowledge that did.
When referencing Tufts, and others like NYU, statistically the applicants are often more likely to get into their state school than these places. Obviously, this is not always the case with the top tier public schools like those in California (obviously not the only place, but just what came to mind), but often thats the reality. So, while the money may be an issue, they will often not be faced with that issue of having to choose because they will not get into the private schools you reference. I think the more accurate references should be made to some of the newer private schools with actual higher acceptances rates than some publics for their in state residents, but Im sure you were just pulling Tufts out of a hat as a school, in the highlight above, to reference as, the last resort type of world.
Also, Im curious that in one sentence you reference backup schools, which I find a little amusing because they cant be a backup if theyre harder to get into for in state residents for their state school, but then you go and talk about how the application cycle is a lottery. If you consider the application cycle to be such a lottery, how could you really designate certain schools as backups?
Lastly, while you may receive the same degree, as in undergrad, I believe some schools with prepare you with the material better than others. While they are cheaper, I believe, from what I have seen, dentists I have spoken with, faculty I spoke with, and students I spoke with, you do not get the same level of preparation at all schools. I understand that we all become dentists. I guess you would then also have to say Harvard undergrad graduates in the same major are as equally prepared from a lower tier state school in the same major. Yes, they both get a college degree, as you say with dentistry, but Id assume one is more well prepared and has received an education at Harvard that gave them a better understanding of and preparation to use the material. If not, then you really should contact all of those crazy ranking people and the people that paid more to go to Ivy League or other top schools.
Theyve all been duped.
If youre a South Carolina resident, why pay that money to be an electrical engineering major at MIT when you could just attend South Carolina State and get the same degree in the same major? Anyway, I feel thats enough sarcasm for one paragraph.
While the state schools being cheaper needs to be a factor, I believe with some youre simply getting what you paid for. Its a case by case thing, though. Once you hit a certain amount the difference is offset, but in the closer amount it is not because of, I believe, the superior preparation you will get at private schools like Tufts, Penn, NYU, etc
over many publics.