I live in Washington and negotiating with my employer about doing a weekend MBA program in Texas. Most, if not all, tuition is covered, I'm staying with family there. However, it's not nothing money-wise. I'm my own with flights.

What I see as a pro, though, is that I'm highly productive on planes and airport lounges. At home, I'm distracted by spouse, pets, Netflix/Hulu/Amazon, etc. I've always been able to focus much more while traveling. I'm confident I can do most of the work for the program in the air, plus I get to hang out with extended family once a week.