In the past, universities had to move their hukou, because many college students were admitted to universities in big cities just for a hukou. But now the value of university hukou is very low, so it is not very important to move or not. Many universities can do medical insurance just like local hukou, but they can do it if local hukou has preferential policies, such as medical insurance and student loans. However, after graduation, your account will still follow the work unit. If you haven't found a job in your work unit after graduation, your account will be forced to move back to the local area, so it will be more convenient to move after graduation if you plan to work in the local area.