Definition: a selection or choice; choices; options
Gloss: /\STUDENT SIT-ARC/\ TEND-to IX-me COMMENT /\TWO CHOICE+/\ IX-1/2 STUDENT IX-plural SICK-OF ME BUT /\GRADUATE OUT WORLD WELL+ PREPARED [nod] IX-2/2 STUDENT IX-they KISSFIST ME, THINK IX-me NEAT/COOL BUT OUT WORLD HIT-FACE OUT-OF-CONTROL. IX-me [nod]PREFER IX-1/2.
English equivalent: As I often tell my students, given the choice, I'd rather they graduate well prepared and hating me vs. ill-prepared but thinking what a great guy I am.
The ranking grammar is more suitable for this sentence than the contrastive structure.