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College and University Discussion
Reply to "Move to VA for in-state college options?"
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[quote=Anonymous][quote=Anonymous]Check your math before pulling the trigger--it usually doesn't work out. Transaction costs now plus moving costs now generally outweigh potential reduced tuition costs later (need to discount those both by the likelihood that they won't happen, e.g., private school, and to account for the time value of money). Even more likely when UVA and/or W&M aren't givens. JMU, for instance, currently costs $17K more per year OOS than IS, but DC TAG gives back $10K of that. Assume for back-of-napkin purposes 12 years of a $7K difference and you're only at $84K--probably less (even before any discounting for likelihood or time value of money) than you'll pay in fees and taxes to sell one house and buy another. [/quote] It's not just cost though. OP was also talking about admit rates for in-state vs. OOS.[/quote]
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