I'm in a very fortunate position as far as admissions go this year, but now I'm having a hard time justifying to myself the cost. I'm interested in development economics research with a multi-lateral agency after graduation, and I'm well-aware that my salary would be modest. I've been accepted to HKS and SAIS with partial funding, but these amounts would still leave me with close to 100k in loans. Stanford IPS apparently provides wonderful aid opportunities (in the form of assistantships) during the second year, although I didn't receive any first year funding from the program. On the other hand, I could go to Cornell's CIPA with minimal debt.
I'm interested in getting the best quant training as possible, but the HKS and SAIS networks are tempting. In addition, many of the economists whose work I admire in development economics are in Boston at HKS or MIT.
So....what would you decide?