I was enrolled in a public 4 year college but transferred to a community college (I was given little choice). Here are the pros and cons of transferring.
Cheaper, slightly less coursework (no management classes), easier to get into (most cases), easy to do an RN to BSN or MSN program after you get your license, may have second career students as classmates who are willing to work harder
Depending on your area may be harder to find a job, less likely to get promoted, some schools
give admission preference to people who already attend the school, you are familiar with the grounds, you probably already know somebody in the program at your current school