I address this question in my book Panicked Parents' Guide to College Admissions (Petersons 2002). Below, you'll find an excerpt. Personally, I like the idea of a small but not tiny school--under 3,000 or so but not below about 1,200--for the undergrad years. You'll have a better chance of making your mark on campus when you're not one of a huge multitude. However, some students really thrive in a huge university community. As my co-author Sid Dalby likes to say, "It's easier to make a big college small than a small college big."
A large university can be excitingâ€"or impersonal. A small school can be supportiveâ€"or stifling. Among the most common reasons for transferring, size is near the top of the list, with “too big†and “too small†getting pretty even play. Small colleges commonly translate into smaller classes and more faculty contact. They can, however, be too homogeneous or lacking in specific curricular offerings. Large schools may offer opportunities such as editing a daily newspaper or studying Swahili that a smaller school can’t equal. Extroverts and self-starters may thrive on a big campus. Students who are shy or who lack the self-discipline to work when there are endless temptations to do otherwise will probably be better served by a small college where they won’t be as likely to fall through the cracks.
One "mistake" that I've seen high school students make is to opt for large urban institutions with the belief that this will translate into a great social life. While cities do provide tons of diversions, these students often head off in myriad different directions in the evenings or on weekends--on their own or in small groups--claiming that there is no campus social life at all. Some can find the experience pretty lonely ... or, at least, expensive.
While it may sound counterintuitive, smaller, more isolated colleges may provide the best social environment because--with no place nearby to go--students hang together and develop their own on-campus social networks ... and (usually free) fun.
The bottom line: personal preference will play a key role in determining what the "advantages" and "disadvantages" of each type of school will be for you.
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