For those starting school this fall - are you planning to sell your house and go back to renting? Financially, it seems prudent. Let's say avg yearly appreciation = 7% and you're interest rate ~ 5-6%. Plus you have taxes, HOA, maint cost (including time), closing cost, realtor fees. Minus writing off interest paid on 1040. Now the equity on the house would be cashed out if you sell (versus e.g. rent it out). This equity depending on its size may have an impact on your financial aid.