“I sent my kids to state schools, and they commuted. Others, especially those in the Northeast that don’t have such easy options, can spend their retirement on their kids’ partying.”
How did they turn out?
Doing great, thanks. All with useful degrees (technical/scientific), now working. They appreciated staying home and knew that they had to follow the (reasonable) rules in the house, both because they still lived there, and because they were getting a free ride through college. It wasn’t a bad deal for them, just a continuation of prior schooling, basically.
They’re still young, so maybe some people will look down a bit on them, eventually, but where I work (a larger company), we don’t seem to care where people get the degrees, just that they got the right ones (and the schools, of course, are accredited). Beyond that, it’s up to the individual to perform and if they do, they will climb.