Do you anticipate she will have one or more desirable job offers at the end of year 3, or in a better position at the end of year 4 (after internship opportunities, etc.)?
The real financial cost is probably not just the tuition, but also theoretically a year’s worth of lost earnings. Of course how much you weigh financial ROI versus other benefits of the educational experience (assuming you can afford the choice) is a big part of equation. Very different feelings family to family and there isn’t necessarily a right or wrong answer.