I currently attend a semi-target (think: UCLA, Vandy, USC, WashU, Georgetown) on a full scholarship and I just got accepted into the University of Chicago. I am waiting to hear from Northwestern University and Columbia University.
Reasons for transferring:
1) Recruiting -- Obviously, UChicago is a few steps above my current semi-target. I haveexperience at a top group, so this improvement in schools can only help with IB recruiting.
2) Current school not academic and intellectual enough -- I need a rude awakening. I did a presentation this morning hungover and made up the whole thing during breakfast. It was the best presentation in the class. I am not being challenged enough and I feel like the only way I can grow (both as a person and as a student of finance) is if I transfer to a more rigorous school. Don't get me wrong. I love going out and getting shitfaced, but there is definitely more to life than that.
Concerns about transferring:
1) Financial Aid -- I am giving up a full scholarship because I believe that going to a more intellectual school will be better for my personal as well as professional life. I will likely incur a lot of debt if I choose to transfer.
2) Social scene -- I am currently attending an institution where the parties are bumpin and considering going to a school whose slogan is "where fun goes to die." Dumb?
Is it worth transferring out of my current school for UChicago? Northwestern? Columbia?