I think the key to Europe is to hit the indoor stuff (Louvre, British Museum, Vatican Museums, etc.) on dead-of-winter trips when you get MUCH better airfare and hotel deals and hit the countryside and secondary cities in summer.
But don't forget there are lots of OTHER PLACES in the world as well. I never got to travel when I was in college, but I saved up money and used proceeds from a buyout at work to travel, originally planning on one year of it. I had a bias toward less-expensive countries, especially Southeast Asia, and that made all the difference. The experience stretched to 3 years as I caught a lucky break on exchange rates and drew some of the 401(k) to ride it. Normally that's a terrible financial move (I was 34 at the time), but the costs had really dropped and the 401(k) tanked anyway in the dotcom implosion later. I was spending an average $60-70 a day on EVERYTHING in SE Asia put together, and if I was willing to travel like many backpackers it could be done for just over half that. If I had gone to Europe I would have burned through cash three times as fast (even using hostels!) and would have had to get back to work again in 4-5 months.
Maybe it takes a little more adapting to go to non-English-speaking, non-industrialized places, but costs tend to be cheaper and you're very well-rewarded in other ways.
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Europe? Not This Year
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The Torres siblings will have to wait to for their overseas adventure. Nick has a summer job at camera shop in Orem, Utah, and then plans to head to law school in the fall. "It is such a huge disappointment to not be able to go, but I guess we'll just have to wait and hope that next summer the prices will be more reasonable," Nick said. "Until then, working here will have to do."
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