Yes, it’s true. Certain schools DO garner a reputation\connections in the industry, and having a degree from one of them MAY increase your chances of getting an interview or put you on an easier track to landing your dream job.
BUT be careful that that fact does not lead you down the path to believing that you cannot achieve your goals without a degree from one specific school.
It’s my belief that it’s not just the schools responsibility to educate you.
If your current school, which both you guys say you’ve invested considerably in, isn’t giving you what you need, you have the option of taking some of that responsibility upon yourself.
you need industry connections: make them yourself.
you need better resources: demand them.
you need your fellow students to up-level their game: be more involved in their work, call them out!
transferring to a better school could be an awesome experience, though.
If you do transfer - do it because you believe it will allow you to make your PORTFOLIO better, not just your resume.