Look at the job opportunities the second university has to offer
See what the alumni of that university are doing If you like what you find, go with the second one
McCombs School of Business, University of Texas
Tepper School of Business, Carnegie Mellon University
SC Johnson College of Business, Cornell University
It depends on which country you're talking about
If it's Canada-
A college can give you a diploma or a certification
A university can give you a degree
If it's US, the above definition stands
Originally, Ivy League was an athletic conference – a group of 8 private colleges in North America known for having super-competitive sports teams.
Now, the reputation of these colleges goes beyond sports. They are centers of academic teaching and excellence, research, and have become known for providing promising career futures to all their students.