If your public school system is at least half-way decent, and their gifted program meets your daughter's needs, I would just go with that. As long as the local public schools are not horrible, your child will do just fine as long as you are an involved parent - the more involved you are, the better. It's the kids whose parents are not involved and don't make their kids education a priority who sometimes tend to flounder. We are going through the same debate ourselves, but both myself and my brother went through the same public school system that my DD would go through and we did more than fine (I am a veterinarian and my brother has a master's and is a chemical engineer working in R & D for Ford). You can also start with the public school and if it becomes apparent that your daughter would be better off in a private school, you can always switch later.