Same undergrad/MBA?
*edit
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One major downside: It limits your alumni network. You can already reach out to Sloan MBA alumni. Why not go to a different school and increase your alumni base?
Exactly.
Furthermore, (and I don't know if this is true at MIT), but some of the upper-level courses you take in Wharton undergrad are cross-listed as MBA courses. So unless you're taking classes that you did not take in undergrad, you're losing out on both the 1) network and 2) academic advantages that MBA programs are supposed to provide you.
One major downside: It limits your alumni network. You can already reach out to Sloan MBA alumni. Why not go to a different school and increase your alumni base?
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