I have an offer from University of Chicago's Divinity School that includes a 50% tuition remission. I also have an offer from Boston University's School of Theology for 100% tuition remission. I really want to attend University of Chicago, but I calculated that for tuition alone I would have to go roughly 40k into debt for two years of study, not including living expenses. I want to get into a good PhD program, and for that I know where I did my masters will have a huge effect on what offers I get. However, to me its a choice between being a big fish in a small pond, or a small fish in a big pond. BU has some great faculty and I received one of the most prestigious scholarships that are offered to MA students, so I would easily make good connections with the faculty there. However, I'm worried that I might regret turning down Chicago when it comes time to apply to PhD programs. Thoughts?