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It also depends on what you want to do. As an example, if you're set on being an engineer, you're not going to get hired anywhere without a bachelor's and you can't legally practice until you get your professional engineering (PE) license. You can work under a PE, but you can't approve anything. You get this nifty little stamp as a PE that lets you consult and approve plans which equals more money.
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I should mention a PE is only required in certain fields. I know it's a big thing in civil engineering, and I imagine some mechanical engineers get it, but if you're in other fields such as electrical, computer, or, like myself, materials, that kind of certification might not even exist.
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Not really. Any of the fields that would give preference to Harvard mostly require advanced degrees. And once you go to Grad/Professional, no one cares if your Bachelor's was from the University of eBay.com, they care where your professional degree was from. Fields that you can expect a decent career with just a bachelors' (say Engineering) from aren't the fields that Harvard is known for.
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Grad schools admissions care where you went to undergrad. It's only once you get your grad degree that nobody cares where you went to undergrad. And there's a lot of engineering fields out there where you can't expect to do a lot more than quality control and rubber stamping without a degree past a bachelor's.
Greatguy, I know kitty (old GFF member, not sure if they're still around) went to NYU and had a fairly mediocre experience. I think a lot of it might have just been to roommate conflicts and that kind of junk, though.
Anyway, I've found college to be the best part of my life so far. I just graduated last December and I'm going for my doctorate in the fall. I knew what I wanted to study even before I got here, and it was really a huge help since I could jump right in to the classes I was interested in and aim all of my studies towards that course. I've made some fantastic friends here, and contrary to what some people might say, you don't have to get completely hammered every night in order to do it. Just don't stay locked up in your room all of freshman year and you'll find plenty of people you can get along with.
Jam it back in, in the dark.