What exactly are prestige and rankings determined by? I feel like a lot of people just take rankings at face value without questioning who determines them (i.e., which people have enough power to determine rankings, that the field of psychology is still dominated by white men who are biased when selecting which grants get funded, etc.) Because I'm considering a super less well-known school over a top 5 program - it looks like I'd be able to publish about the same amount, the faculty at this less well-known school are super respected in their field, etc. And this lesser known school is extremely competent in terms of diversity and social justice compared to all the other programs I applied to, including this top 5 one. Though, as OP touches on, people have told me that going to this top 5 program would help me get a job after graduation - but at this point I'm not sure it's the type of job I would even want (though this program was great when I interviewed, just not as good a fit for me I think). I'd be curious to hear what other people think, because after going on some interviews I feel like basing your decision on fit is the way to go.