Author Topic: Marrying to get in-state college tuition rate  (Read 2826 times)

astvilla

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Marrying to get in-state college tuition rate
« on: January 05, 2015, 02:50:26 PM »
Completely hypothetical, not my situation or anyone I know but would you yourself (or your college aged child) take the option of marrying an in-state resident to get in-state tuition rates when normally you would pay out of state costs? Given the soaring costs of tuition, is this an option to consider? What are factors to account for? Potential risks? The pay offs? Is it worth it? The ethics? (unethical but understandable given the high costs...)

http://www.nytimes.com/2011/02/06/us/06bcmarriage.html

It was published a while back and not sure if talked here in MMM but just wondering if MMM community would be more open to this type of arrangement.

gatorNic

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Re: Marrying to get in-state college tuition rate
« Reply #1 on: January 05, 2015, 03:16:40 PM »
Have no problem with it.  If its within the law why not?  Day in and day out we stand by and see corporations, politicians and individuals game the system to their advantage.  Why not take advantage of the things that can benefit you?  You can sit around and complain about ethics all day...guess what, you'll get left behind.  Don't like it?  Then work on changing the law/rules.  Until then, go for it

mxt0133

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Re: Marrying to get in-state college tuition rate
« Reply #2 on: January 05, 2015, 03:25:00 PM »
That's F#$KING brilliant!

Future Lazy

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Re: Marrying to get in-state college tuition rate
« Reply #3 on: January 05, 2015, 03:29:19 PM »
Tbh, Part of the reason I married was to open up the option of more student loans and financial emancipation in the eyes of the FAFSA. And I'm still in the state of my residency, when it comes to that cost.

Being the child of non-taxpaying parents, often unemployed parents, parents with terrible credit unable to cosign on loans... Getting married is a great answer. :)

I wouldn't recommend it if it's your only reason, though, ofc.

JetsettingWelfareMom

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Re: Marrying to get in-state college tuition rate
« Reply #4 on: January 05, 2015, 03:36:45 PM »
Is there some reason financial literacy should be divorced from love? Pun intended..

astvilla

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Re: Marrying to get in-state college tuition rate
« Reply #5 on: January 05, 2015, 03:49:56 PM »
Lol but I was thinking a potential drawback is that when you divorce after graduating don't you set yourself up to lose half your assets to the other party? What if the other party giving the state residency asks for a cut of the savings or asks for some money would you feel obliged to? What if in the unlikely scenario you inherit wealth in school and then divorce and the other party takes half? Or if you make money during school and the other party takes half?

Future Lazy

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Re: Marrying to get in-state college tuition rate
« Reply #6 on: January 05, 2015, 03:53:01 PM »
Lol but I was thinking a potential drawback is that when you divorce after graduating don't you set yourself up to lose half your assets to the other party? What if the other party giving the state residency asks for a cut of the savings or asks for some money would you feel obliged to? What if in the unlikely scenario you inherit wealth in school and then divorce and the other party takes half? Or if you make money during school and the other party takes half?

Uhhh... Prenup? :D?

JLee

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Re: Marrying to get in-state college tuition rate
« Reply #7 on: January 05, 2015, 04:00:38 PM »
You could also just move there for a year before enrolling (or whatever the time duration is to obtain residency).

viper155

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Re: Marrying to get in-state college tuition rate
« Reply #8 on: January 05, 2015, 04:16:34 PM »
That's shamful

caliq

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Re: Marrying to get in-state college tuition rate
« Reply #9 on: January 05, 2015, 05:35:04 PM »
Tbh, Part of the reason I married was to open up the option of more student loans and financial emancipation in the eyes of the FAFSA. And I'm still in the state of my residency, when it comes to that cost.

+1 

Same here.

I don't think anyone should run out and marry a random person but if you're already planning to marry your partner, there's no reason not to speed things along in order to improve your mutual financial position.