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Lots of discussion about cohort, socialization and cost, but nobody has discussed travel time. After quality, this is probably the most important consideration in selecting a school.

You could have the best school in the world, but if it takes you 2 hours to get there, it is not available. OTOH, moving to the suburbs will add 1-2 hours per day travel time to get to work, sacrificing the precious time a parent may spend with children. The time/school tradeoff is what drives up the cost of real estate with nearby good schools, making them "good" neighborhoods. Thus, the quality of nearby schools is by far the most important factor in the residential real estate market.

(BTW, all parents and realtors know this.)

by goldfish on Jul 17, 2012 2:00 pm • link • report

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