well most professors rank chicago that hight because chicago has such a great history in economics, they won so many nobel prizes in the past, however, they do not know how much their program has been suffering lately.
I do not think it is worth taking out a loan to attend UBC. Just go to McGill, the brandname does not mean much after all, no matter where you attend if you can stand out, you can get good admits to PhDs.
Well I think the most easily understandable books are the the Steve Shreve books, mainly the Continous Time Finance II and Rennie and Baxter: Financial Calculus: An intro to derivatives pricing. These deal with derivative pricing, which is what graduate level finance is mainly about. I do not think that on the graduate level you would ever use a book like Bodie and Kane, its just way too basic. Duffie is way too advanced, just for advanced PhD students, def. not recommended.
I just checked that girls CV that you mentioned, Goldenrule. Wow, I mean wow. Here is the link if anyone is interested: http://econ-www.mit.edu/files/3715
If you do not want to go for a PhD than go to Duke. LSE is a lot of math, and if you have not done much of it in the past, then the course will be very challenging. LSE has a strong prestige in UK, however, getting a job in the US from here would be very hard. Especially since most US companies seem to ignore online applications and are more interested in getting your CV in career fairs etc. Plus I feel like LSE's reputation even in the UK lacks behind Oxbridge by a mile. Moreover, the campus (well not sure if we can call it a campus) at LSE is total crap, not comparable to Duke. I would go to Duke. By the way I am currently at LSE.
So I talked to my friend today and yes he is rejecting, he is probably taking Harvard instead and still waiting on Chicago GSB. He was top of his class at Moscow State.