jsmith54 wrote:
I'd agree with a lot of the concerns listed above about those of us who are bringing along a sidekick (or two), but I'd point out that it's not just about location. If this is a family affair, then money and perceived value matter too. If you think that you can spend $100K plus $200K in opportunity cost in a family without justifying the cost (and really the risk), then you're probably from a pretty wealthy family.
Fuqua is not a great option location-wise, in my opinion. Durham is a sleepy college town with next to no employment options any closer than Charlotte, which is really too far away for most people. That said, it's still a great option if the school matches up well with your career goals, as it does in my case. Putting $300K on the line, hoping that Fuqua is all it's cracked up to be is a scary concept for a family, but it's a bet I'm willing to make.
I completely agree about opportunity costs. When I think about moving with my wife to Durham, both of us giving up our jobs and paying my tuition, in this market, without knowing what the job market will look like in 2013...it begins to feel like a completely irrational decision.
I disagree about Durham not being a good location. It all depends on what your spouse does for a living. The Research Triangle is a fantastic place especially for anyone who works in tech, health care or education. Even if your spouse doesn't work in one of those fields, Durham has a population of about 240,000, Raleigh a population north of 400,000 and the greater research triangle area a population above 1.5 million. That isn't New York City, but it isn't exactly Mayberry either. Unless your spouse works in a niche field, chances are he/she will be able to find work in their field.
Durham has found its way onto several "best" lists, including best cities for business and best places to retire. Durham is also home to Branford Marsalis, Christopher "Play" Martin (of Kid and Play "fame") and...(drum roll)...Clay Aiken. LOL.