The decision about which college to attend can be daunting. College bound high school students may pore over catalogs, make visits to multiple campuses, and negotiate the intricacies of financial aid. There are a variety of choices, and the most basic of choices involves what type of school to attend. Should it be a well-funded research university with faculty members who have done respected research in their fields? Or would the smaller, more personal interaction characteristic of a liberal arts college be preferable? In the end, at graduation, will it make any difference to employers or to graduate schools? This report attempts to answer these questions for physics majors. (Contains 7 tables and 2 figures.)