Originally Posted by
Chugach
One thing I'd tack on to jackal's reply is that by late August, the fall colors have usually arrived in the Fairbanks area. It's no Vermont, but the hills are often completely golden thanks to the birch trees turning. And Fairbanks does have some pretty interesting things to do, contrary to what the average Anchorage-ite who has never even bothered to go up there would tell you (I used to work with a girl in Anchorage who said she never wanted to go to Fairbanks because somebody told her there weren't any traffic lights there. True story, I swear. She was also a blonde).
The UAF Museum of the North is constantly rated the best man-made attraction in the state, and Chena Hot Springs is a great side trip, especially if you want to take some nice hikes; Angel Rocks is a great three-ish hour loop that's not too straining, and can also be extended all the way to the hot springs if you so choose; the trailhead is around milepost 45 or 50 of Chena Hot Springs Road. I've never done the Riverboat Discovery, but everyone I've talked to about it says that it's fun to do.
Not only does FAI have traffic lights, it has interchanges & even an airport
Do obtain a copy of the Milepost - an invaluable guide to Alaska! Even locals have a copy or two laying around
And if you are into brewed beverages, FAI also has a Brewery, (no rootbeer- my one time visiting it I was a minor so it was no fun

) but I heard good things from the older kids (it was a college trip) about the brew.
Silver Gulch is the name and is on the way IIRC to a TAPS visitor center (another cool place to visit in FAI area)