Does Grad Degree Brand Name Matter?

[HRoark64, BSN]

Hi everyone!

I applied to two PMHNP programs last fall - one private, one state, and was accepted to both. I was excited about the private school option and accepted, but I'm having second thoughts now. I didn't get as many scholarships as I hoped and I'll have to do clinicals away from where I live (which was kind of the point of the private school, or so I thought...they're partnered with a massive hospital and usually hand feed everyone preceptors.) 

All in, private option will be $85k plus I'll forego a year of RN income since it's full time over 1y and I'll have to travel for clinicals. So $160k-ish. State option is $22k all in and local clinicals. Great school, just not the big name to go on a resume someday. 

I'm leaning toward the state university option since I doubt anyone is going to pay me 7x regular NP salary for the name on my degree. Any opinions or advice? Does the grad school matter enough in this field to justify the expense?

Thanks in advance!