#9 Employers don’t care what college you got your degree from, only that you have a degree. Why go into debt paying for university when it won’t help you in the long run?
How come? Maybe for entry level positions, a recent grad from MIT with no experience would get more offers than a similarly inexperienced grad from a second tier school or a community college. But what if the second grad worked co-ops or had more projects under his or her belt? Wouldn't that be more valuable to a company?
You are comparing colleges to experience. To an employer experience always win. When I was looking for work my college courses were listed right under my name. Now, it sits right above my hobbies. I'm sure in a few years it will be just a footnote. If you can get a coop, great. Nothing stopping someone in university from doing the same. But, as an employer looking for interns, where are you going to look first. You'll probably start at a selective university because they've already done most of the filtering for you.