Is Indiana University or Boston University better value for money for undergrad?

I’m trying to compare these two schools from a cost versus benefit perspective, not just overall prestige. I know BU is a private school and Indiana is public, but I’m wondering how people think about value for money when choosing between them.

I’m mostly asking about whether the extra cost of BU tends to feel worth it compared with Indiana for an undergraduate degree.
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The biggest practical tradeoff is price versus location-driven opportunity. Indiana University is often meaningfully less expensive, especially for in-state students, while Boston University charges a much higher private-school price but gives you direct access to Boston internships, employers, hospitals, startups, and professional networks during the school year. For pure return on cost, Indiana usually comes out ahead unless BU’s urban setting, specific program strengths, or financial aid make the price gap much smaller.

Indiana can be a very strong value because it has the scale and resources of a major flagship, a well-known alumni network, and several standout undergraduate options, especially in business, media, music, and some social sciences. If you are admitted to something like Kelley, the value case gets a lot stronger because you can get strong recruiting and a big-campus experience without paying private-school tuition.

BU’s case for being worth more money is less about prestige alone and more about what you can use while enrolled. Its Boston location makes part-time internships and industry exposure much easier in fields like communications, business, pre-med, public health, international relations, and some areas of tech. That can matter if you know you want a city-based undergraduate experience and will actively take advantage of it.

What usually decides this is the actual net price, not the sticker price. If BU gives enough aid that the annual difference is modest, then the extra cost can be defensible. If BU would require much more debt, Indiana is very often the smarter financial decision because the undergraduate outcomes gap is not large enough in most majors to justify a major borrowing difference.
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