That $115 would be spent on the first substantial flat.
In the interest of weight, performance and price you shouldn't get 88mm carbons. There isn't an aero advantage at around town speeds. At that price point, you can build a hell of a low profile alloy wheelset, that would weigh at least a pound lighter, aka, an advantage you could feel. I don't really get why you're stuck on a deep ass carbon wheelset for an around campus bike.