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College and University Discussion
Reply to "MD state schools vs. VA state schools"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Two-thirds of applicants get accepted at George Mason University and James Madison University. http://colleges.usnews.rankingsandreviews.com/best-colleges/gmu-3749 http://colleges.usnews.rankingsandreviews.com/best-colleges/jmu-3721 [b]While either school may end up being the right choice for your child, these are not schools to base a house purchase decision upon.[/b] Consider the merits of UVA - VT - William & Mary vs. UM-CP. After that, don't worry about it.[/quote] Totally disagree. If your child is interested in any state school, it's well worth it to be living in that state. James Madison and George Mason are both very good schools and I'd be happy if my kids went to either.[/quote] I'm the PP and I disagree with this. If your kid has his heart set on JMU then, sure, go ahead and move -- but that seems silly for a school of that caliber. JMU and GMU are not "both very good schools" -- they are both very "OK" schools, and they are easy to get into. Your kid could likely get in from out-of-state without too much trouble. [b]But, yes, it'll cost you a lot more[/b].[/quote] Moving isn't exactly a cost free process either. For a 500K house, you're looking at 30K+ in sales/loan costs. You then have to factor in the moving costs and then all of the costs that crop up when you have a new house. If you have multiple kids it might make sense; for one kid? Not so much.[/quote]
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