My D also paid for all of her “fun & travel” when she studied abroad. She chose not to go to London, because it was way too expensive. She & the friends she met while studying abroad chose the cheapest places for travel, and they put all of their clothes into one suitcase & split the cost. It’s possible to have a great time for a reasonable cost in Europe, as long as the student chooses to travel to places that don’t cost a lot. There were so many places that met that criteria … they never felt like they missed out.
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