My kids went to public school. We couldn't afford private schools, and I don't think I have the temperament for home schooling, although I know a lot of friends who do it, and do it well!
My husband and I talked about home schooling our youngest. She refused. She said, "I want to go to school and sit in a desk and learn." As it turns out, she has Asperger's syndrome, and our schools have a great anti-bullying policy and the interaction she gets is just right for her. She even joined the school play, the newspaper and the Choir last year!
Every parent needs to make the choice that would be best for their child. Every family and every child is different and has different needs.
My youngest was invited to a school for the Gifted and was given a scholarship that would have been 50% of the tuition. Sadly, her sisters were in college shortly after she started school and there was no way we could swing helping at all with college AND the $6,000.00 plus the left over tuition at the School for the Gifted would have cost. It would have been fantastic, but out of our reach.
Our middle one is going to a private University for her Grad School.