<ul>
<li> I was recently accepted as a Winter transfer to the University of Michigan.</li>
<li> My intended major in Communication studies.<br></li>
<li> I would enter with 55 credits but they do not clear my distribution requirement a whole lot. Only the Social Science requirement is done. I have 4 for Humanities and 0 for Natural Science.<br></li>
<li> I spoke with a pre-concentration advisor and she told me I am, at minimum, 2 ½ years away from graduating, but likely 3 or 3 ½ years away from graduating from UofM.</li>
<li><p>That would total my debt to around $45k at graduation.</p></li>
<li><p>I have a full ride to Wayne State U. in Detroit and 64 credits.</p></li>
<li><p>I am at most two years away from double majoring in Finance and Accounting.</p></li>
<li><p>I would graduate in $ surplus.</p></li>
</ul>
<p>Here's the catch: I plan to go for my MBA or JD at a top school a few years after graduating. Many tell me for that reason that I should do my best not to incur any debt in undergraduate studies. </p>
<p>Should I follow that and stick to my full ride or pony up the money and time to get the prestigious education?</p>
<p>Prestigiousness of UMich aside, it seems like in your situation that by FAR the more desirable option would be to remain where you are.</p>
<p>This is just based on the facts you’ve listed here, and I have no idea how you feel about it or how you feel about WSU, but just from what you’ve given us, staying there sounds like the much better way to go.</p>
<p>Wayne State University is still a very good school - frankly, it’d be easier and probably wiser to just finish up your undergrad studies there. You can finish up whatever you wish later on - it’s your performance during school that matters more than your school itself. :)</p>
<p>Prestige doesn’t follow you if its an undergraduate education if you plan on pursuing graduate school. Your grades must be pretty solid to have gotten a transfer.</p>
<p>I’d suggest staying in your school, kicking butt, and graduating with a 3.8-4.0. The GMAT is a country-wide test and adequate preparation is all you need. With a good GMAT, a higher grade (UofM is SUPER RIGOROUS) from your current college, you will have a very good chance at any of your preferred schools. </p>
<p>Transferring now is like adapting to college again, it takes time and sometimes is not worth it.</p>
<p>Assuming you already got your finaid letter to know it’ll be $45k, staying where you are seems a far more sane choice. What they told you about 3.5 years is most likely exaggeration (but not by much if you need foreign language), but no you should not take on debt in this economy if avoidable.</p>