expat17 wrote:we can graduate with 60k debt instead of 200k.
I really don't get this. In your case, it's an $84k scholarship; in the OP's, it's a $60k scholarship. So how does it make a $140k difference in either case? If you're assuming that "help from parents/other sources" will make up the difference, why would that only apply when attending ND? Did your parents say, "I'll only help if you go to the lower ranked school. If you choose a T14, you're on your own!" ...?
And I still don't understand the OP's assertion that $20k/year = debt free.
Sure, it's a nice scholarship, but I'm not sure it's enough to make up for the decreased job prospects in this case. Schools in ND's range have been hit especially hard, and ND's remote location seems to have made their situation even worse. Firms just aren't bothering to travel to South Bend for a T25 ITE.