Is it wrong not to apply to the best.

You're probably well on your way, but I wanted to toss in my opinion incase you were asking for next year.

I think going to a better school is financially and socially better in the long-run depending upon your goals. You can always rent out your house or let a relative live there and take care of the place. The extra earning potential and career opportunities outweigh the cost even if the house got some damage from tenants or you felt bad about paying interest on a mortgage.

Becky

I think if you had a shot at getting into Wharton, you should apply. The ROI would more than compensate for your house situation.

Posted from my mobile device

I'd like to echo some other folks' saying (if you haven't made up your mind yet about going to Temple). A lot of it depend on what you want to do post-MBA. If your goal is to work at a smaller, regional position, i think Temple would do the trick for you. But if your goal is work in top consulting or banking firms, Wharton will be the best bet here. Don't think about your house as a liability, think about it as an asset. While there's debt there, there's also equity. In the long-run, the earnings you will get is greatly increased if you were to attend Wharton than Temple. So my suggestion for you is to think broadly. What do you want after MBA? What's your goal? Will Temple be able ot satisfy that goal? Are you content with the type of recruiters that show up at Temple? Are you seeing a lot more opportunity that interests you when you compare Wharton to Temple?