Indiana University (Kelley) vs University of Iowa (Tippie)
I am currently a senior in high school. I want to pursue a career in finance (preferably starting out in IB and then moving into PE/VC/HF later on), but I got rejected from every target school I applied to. The only schools I got accepted into are the University of Iowa and Indiana University. Additionally, I was accepted as a direct admit into the Kelley School of Business and the Hutton Honors College at Indiana University. I know that this might seem like a no-brainer at first glance, but I am a resident of Iowa and thus Iowa would be significantly cheaper than Indiana.
This really sucks because I lived in Indiana for nearly my entire life before 2016 and my family has been paying property taxes to the state of Indiana even after moving to Iowa until we finally sold our old house just weeks ago, but IU still refuses to classify me as an in-state student. This is unfortunate but not unexpected. IU wasn't even on my radar of potential colleges and my career plans were different when we decided to move in fairness, but still, if only we decided to stay in Indiana for just 3 more years. Talk about bad luck.
Anyways, the IB workshop at IU is very good and places around ~80 people into investment banking every year, and even if I don't get into the IB workshop, they also have an Investment Management Workshop and other organizations that place several more in the financial industry. However, I have recently learned that Iowa also has something similar called the Hawkinson Institute, which places 15-20 people into IB every year.
I had no aim or focus for the first two years of high school, so my grades freshman and sophomore year were not so great, but I turned my life around junior year and earned good grades and also got a 34 on my ACT. I could attend Iowa for a year or two, work hard and get the best grades possible, and then transfer into a target school. Do you guys think that Kelley is worth the extra cost? My family can afford the tuition, but it would be quite burdensome and Iowa would be much cheaper, but I'm nearly 100% sure I want to work in IB. What do you think I should do? I have to make a decision by May 1st.