<p>Was in similar situation last year, turned down two full tuition scholarships and one full ride to send my kid to Princeton at full pay. Would have never done it if it was about my college decision. You do seemingly irrational things when it’s about your child. It must be harder for you since you have three kids. I have only one. I don’t know if any study can definitively provide what you are looking for. At best, you will get some statistical results, but who knows if it applies to your child’s case? Honestly, I don’t know if I would have made the same decision if I had three kids like you. No matter what decision, I don’t think there is a wrong one as long as your kid understands it and tries her best at chosen school, with your full support. Best wishes to you.</p>