College is an unforgettable time for most of us—it's where we come into our own, begin to carve unique paths, and create lasting memories and relationships. Many adults fondly remember their college years, cherishing the freedom, independence, reinvention and entertainment.

But is this experience reserved for those who attend schools overseas? Should it start at one the dorm room away, or can children have the same transformative experience attending an in-state college or even living at home? As a former admissions officer who has seen it both ways, I can confidently say that kids can enjoy this once-in-a-lifetime experience no matter how far from home they are. Let's explore this further.

Connected: What I learned as a First Generation College student

Redefining the college experience

Let us first define “real college experienceIt includes three fundamental components: students living autonomously, making new connections beyond childhood connections, and navigating their independence through self-directed decision-making and learning from mistakes. When we consider these elements, it becomes clear that students can experience that special transformation. Traveling to college without putting hundreds of miles between them and their parents. In fact, sometimes students still rely on their parents even when they are hundreds of miles apart, which I can personally attest to. As a college student, I often brought my clothes home to wash all the way from Boston to Connecticut. On the other hand, even a two-mile distance can provide that much-needed sense of freedom and autonomy.

As I have often advised students, the campus environment is a new experience for everyone, regardless of college. The sense of wonder and excitement is palpable for every student who steps onto campus. They are surrounded by peers from different backgrounds, each with their own stories, perspectives and aspirations. The campus is a hub of activity, with countless clubs, organizations and events catering to diverse interests. Whether it's joining a sports team, attending a cultural festival or volunteering for a cause, the campus is always buzzing and students have many ways to get involved.

Moreover, it is also a place of growth and self-discovery. Away from the familiarity of home and without their parents, students are pushed outside their comfort zones and encouraged to take risks, try new things and challenge themselves. This process i self-exploration and personal development is an integral part of the college experience and is not exclusive to overseas students.

Connected: 5 Reasons Why College is Worth it for Entrepreneurs

The advantages of staying close to home

Staying closer to home for college has several advantages. A major benefit to attending an in-state college is cost. Tuition costs increase from a few thousand to $40,000 when you attend an out-of-state school. This is especially important given the “freshman crunch,” where some students get caught up in the excitement of newfound freedom. They may not take academics as seriously and must retake courses, extending their schooling by a year or more and thereby increasing costs for their families. On the other hand, with in-state tuition, students can take advantage of lower costs during the first two years of college and beyond. transfer to an overseas school to continue living the college dream for their senior years.

Staying closer to home also allows for a smoother transition to the responsibilities and challenges of college life. This can be especially valuable for those who are introverted or have not had extensive experience of independent living. Encouraging your child to become independent and leave comfort behind is essential, but pushing them to live alone in another state can be too soon. Attending a school closer to home will allow them to gradually step out of their comfort zone at their own pace, with the emotional support of family nearby when they feel overwhelmed. Moreover, while overseas Ivy League schools may offer more global degrees, students hoping to start their careers in their home base may find it easier to connect and access relevant career opportunities by attending an in-state college. To decide which option is best for your child and financially feasible for you, it's important to have these conversations seriously and first understand your child's needs and goals.

Connected: Should your entrepreneurial kid go to college?

Setting boundaries: Key to the college experience

On a final note, whether your child moves thousands of miles away or stays at home, the only way they can truly have that exploratory college experience is if you respect their independence and set healthy boundaries. While it can be challenging to watch them leave the nest, giving them the freedom to fully embrace this part of their lives is essential to their growth. It's important to allow them to make their own mistakes while letting them know you're there to support them from afar, even if it's just in the other room. Create this distance by avoiding micromanaging their decisions and resisting the urge to constantly check on them. Trust your child to navigate his college experience and discover his true potential as an independent, developing adult.