does it matter where you go to college?

Every high school senior student has a dream to be a college student. When they reached at level for choosing and where to attend a college that time are real difficult both to the students and its parents. If you read an article that was published by all state governments you will find that with the cost of higher education climbing up every year, and the student debt rising every year. Recently, I read an article: In US the student debt surpassed to $1 trillion dollars.

Meet Ben, a student of High senior school who belongs to middle class family in Massachusetts. He is planning to attend a college next year. He's down to two schools: prestigious Boston College, or the University of Massachusetts at Amherst, his state's top public campus. Even if with good financial aid from BC he would still graduate with a big mound of loans. UMass would be more at least $15000 dollars a year cheaper.
This is a single story you can get many student who got good scholarship but they has also a big loan for higher education. Does it really pay to go to an elite college or prestigious college? our researcher has been reacherching since 1980's and found the result
Does really matter ranking ?
Most of the answer says yes. If you went to a good college, you will get good paycheck and your increment future earnings is also good. In my time i also focused on elite college rather than money issue. In Massachusetts, universities are producing 12.1% of the students in its state, and all have good pay checks. Suspicious statistic.

Its more important to attend than apply. If you applied to good university and got rejection then you are not doomed. we Consider or try to approach other good ranked universities.
Once you get good colleges your paycheck would be good and you can easily cope up with your loan. ;)

What do you think on this matter? write you suggestion also correct my writing if you find any mistake.