Austin vs IU Kelley?

So I got into Austin McCombs but not the honors program as well as Indiana (Didn't put down a kelley major so I F'd up there, but I'm confident I could get in through standard admission). Austin would be about twice as much tuition-wise as Indiana yet it seems to be far more prestigious for IB and nationwide in general. Is Indiana really that much worse than other state schools like Austin? 

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