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College Trip To Europe

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So my friends and I are seniors at the University of Maryland and we are hoping to be able to travel to Europe this upcoming summer after we graduate (there are 4 of us). We noticed that there is an offer through UMD for traveling to Europe with a group of fellow graduates and they claim it is a good deal. However, i am somewhat suspicious of how "good" a deal it is.

Here is a link to the package: http://umaa.umd.edu/Travel/2013/2013_images/essential.pdf

Basically, it costs $3500 (no airfare included) to travel though 8 countries in 19 days on a bit of a whirlwind tour which includes the costs for housing each night in addition to travel and some food and entertainment. Now i understand that Europe can be expensive, but $185 a day seem a bit exorbitant to me, which is why i am asking the community here (who i presume are well versed in travel costs), is this a good deal? Or would we be better off planning our own trip? I understand it will be more work on our end to plan our trip but if it costs less and allows for more freedom, then that is what we will do. Please let me know what your thoughts are on this "deal" from UMD.

Thanks very much!

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