I'm just wondering if employers care about what school your degree is from as much? Obviously a degree from MIT is much better than one from some local college. I have a chance to transfer to Virginia Tech, and their Engineering department is pretty good compared to the one I'm at now.
marked as duplicate by World Engineer♦, dietbuddha, Mark Trapp Oct 27 '11 at 4:52
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Employers looking for capable graduates actively search at the better schools. In other words, a degree from a good school will get you an interview, but it won't get you a job. However, what you can learn at a good school may very well get you a job. If you have a chance to transfer, and it is affordable, I recommend that you do it. You are likely to find that the general level of discourse at Virginia Tech is much higher than it is at your current college, and that is invaluable.
Your undergrad degree and college matter less and less as your career progresses. A degree from a better school can open the door more easily for your first few job opportunities, but as you build your career, the things you've learned on-the-job will matter more. Depending on the type of work you'll be doing after graduation, a M.S. may be more useful than your bachelor's degree. For certain companies, such as Google, a Ph.D. might be essential.
In your situation, all else (including tuition) being equal, graduating from a better school will make your initial job search easier. Good luck!