I've started to hear back from some of the schools I applied to, and I'm now faced with a dilemma. I was recently accepted by two programs -- UT Austin and Rutgers. UT Austin is a top 10 school for my field (chemical engineering), but none of the faculty do research directly related to my interest. Rutgers is one of the few schools that offer a specialized program that fits exactly with my research interests, but is ranked near the middle to bottom of all the U.S. chemical engineering programs.
Since I'm in an engineering discipline, both the research and coursework are integral components of the graduate experience. When I'm trying to decide between the two schools, if funding is not an issue, which factor should I weight more: the strength of the overall program (ranking), or the best fit between my interests and the faculty's research?
How would you choose between two (or more) graduate schools in a similar situation?