No, I wouldn't. Paying 30-40K more for school now will mean paying something like $3500 ish more annually for 10 years or more. I hate to make it all about money, but paying extra now to be near your family will mean sacrificing money later on when you have your own family to support. That's enough to make a car payment, to go on a nice vacation, to pay your entire grocery bill, or a host of other things. I love my family, but with Skype and other modern communication methods, I wouldn't spend 30-40K extra to stay near them.