Basically its the same idea as public vs private schools for K-12. By virtue of being a resident of that state, a benefit is that taxpayer dollars are pooled together to help subsidize your undergrad some. But if you elect to go to a private college or go out of state you just forfeit that benefit.
Going to an out of state public school is basically the cost of going to a private school. You don’t get any special subsidies other than scholarships.
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