Transfer from University of Oregon to USC (175k debt) worth it?
I am currently a first year student at the University of Oregon and was recently accepted as a Spring semester transfer student to USC Marshall. My career goal is to work in IB but I am aware that it will be extremely difficult to break in coming from UO. This was my main reason for applying as a transfer. Upon getting accepted into USC I found out that I would be receiving no financial aid (well, $587 in subsidized loans). My estimated cost of attendance would be 90k/year including cost of living. I am receiving around 25k in financial support from friends and family per year, so lets say 70k in debt per year to be conservative. I would start attending in Spring semester of sophomore year, then full junior year and full senior year. In total I would be taking out around 175k in debt to finance the next 2.5 years of undergrad (not at the lowest). Currently at UO I have in-state tuition, at around 30k/year.
UO: If I stay at UO I will be starting the Lundquist College of Business honors program next year (cohort of 30 students). I also will have the option to graduate two terms early because they accept high school credits that USC does not. However, UO is clearly not even a semi target. There is UOIG (investment group) which sends several students to MMs every year but it is mostly PNW firms and occasionally SF. Alumni presence is eh, not many in IB but the ones that are want to help out. No on-campus recruiting. Less competition, doable to maintain 4.0.
USC: Obviously a very strong alumni network. Though not a target for east coast they seem to place well in west coast IB, especially LA. They also have many more finance related clubs which I would get involved in. I would meet more motivated students pursuing finance, and it's in cali.
I'm trying to weigh the pros and cons of each but at my age it is hard to understand what 175k in debt would really mean. I know it will still be tough to get into IB at USC but I coming from UO it would be significantly harder. Another reason for transferring which I am not giving too much weight is quality of life. I grew up in socal then moved to Oregon in high school (lost in state tuition for cali schools) and I want to get out of Oregon after undergrad. Long term, socal is somewhere I see myself living. I'm a very social person and I have met many great people at Oregon but knowing that I'm not in a great place for what I want to pursue makes it hard to fully appreciate the good things here. A motivating factor for me throughout the year has been to grind so that I can transfer out of here.
To recap: I would be incurring approx. 175k in debt by making the transfer and I might have more/less debt depending on how they count my credits. This debt would just be for undergrad but recruiting starts soon so these are vital years. I would benefit from the alumni network and exposure to many more people in the industry. I would also probably enjoy school at USC better (more clubs, interesting classes, motivated peers). But... I'd be in debt.
I may have unrealistic expectations and would appreciate any thoughts/opinions, or just saying I'm crazy for considering the debt. I have the summer to decide. Thank you in advance!