To the OP, I am actually trying this now. I moved down last year to Atlanta, where I had a tougher time adjusting, due to the lack of people at work around my age and the stress of the job. So I am moving back up to go to grad school at Muff State.
Really, I could have stayed down here, but the incentive for me to stay in ATL was low as the family I do have here is moving away, and that the adjustment to the "intelligence" here was tough. so i am moving back up this weekend