Galileo said:I like the "skin in the game" position, but my wife does not. Ultimately, we did not go that direction with my son in his first year at Purdue, so we will try to do the same with our daughter. Purdue offers a pretty good value for out of state tuition, considerably less than the private schools on my daughter's list. We can take on the Ohio State expense without much burden, but as much as I like Ohio State, the school size, atmosphere, and proximity to home of CWRU I think are all better fits for my daughter.
Just out of curiosity, @belljr what are you considering to be a "lesser school"?
@Gamma1210 Are you in an engineering career?
I am in biotech with Chemical/ Biomedical engineers. It's somewhat niche in the overall engineering world but I doubt its much different for entry level hires. It's just my opinion, but I'd say internships/ co-ops are most important, especially if you like the company and want to work there. That is the best path for sure. But if you don't like the company, then you get to go on LinkedIn and cold apply with everyone else. Honestly entry level resumes all look pretty similar so at that point the tiebreaker for an initial call could be what school it is.
And I didn't go to a top school, but I was lucky I got an internship where I liked the company. I'm speaking now having hired tons of entry level candidates.
Also professors and the school will have contacts in the industry. Leverage them. One of the first things I do is email old professors or professors where we have had good hires, to see if they have anyone. Anyway to get some personal touch into a company/ hiring manager helps a ton. I think LinkedIn has made things more difficult in some ways. Weeding through 100 candidates who just click apply on every job is grueling. I much prefer to leverage my network for hires even if it takes longer. I think its extra important if they want to work in a different geography than the schools.
And all of this is just for the first job. Eventually all that matters is your actual work, but getting in to a first job you like helps a ton. There could also be a decent pay gap in desirable jobs/ company and other jobs.
Engineering is also a huge field, and it may be different in mechanical/ civil but the general principles of getting that first job hold. All of this is just IMHO.