Trade-offs: Oxford vs. the Local Regional

Oxford University. Photo by Tejvan Pettinger. 

My counterpart at the blog Frugal Scholar, a university professor who practices frugality, has an interesting thread looking at one young woman's very difficult decision: Go to Oxford and pursue what she loves (at Oxford!) or go the more local, more affordable route, as her parents would like, and graduate debt-free.  And is there an in-between option?

Lots of people have weighed in and it points to the various opinions and tactics -- even among the frugal. Look, learn or even join the discussion at http://frugalscholar.blogspot.com/2011/03/college-debt-once-more-worth-it.html.