Babson 2-year MBA ($$$) vs Bocconi 1-year (no scholarship)

Hello,

I'm currently making a big decision after applying late to Babson (June 1) and Bocconi (May 14) and receiving admissions into both programs yesterday!

I had done the Forte MBA Launch program and applied to Columbia and MIT in January but was rejected from both and subsequently got caught up in work / depression related to the presidential election results (was planning on applying to Bocconi earlier but had some buggy website issues and ended up being nudged by their Director of N. Am. Admissions to send in my app and glad I did!).

I've seriously considered living in Italy for quite some time as both of my parents are of Italian descent / I studied abroad in Milan and have several cousins spread throughout Florence, Naples, and Sicily. Bocconi is a great 1-year program, highly ranked internationally/within Europe/#1 in Italy. However, I've found little to no name recognition in the US, which surprises me because i Bocconiani are super snobby in Italy about their program's prestige. I'm not sure about the long-term ROI...would probably stay in Italy for 2 years post admission to gain citizenship and then go back to the US to start my own business or work in consulting until I've established a good network to launch a business.

I applied to Babson after completing my application for Bocconi because I realized that I do want to go to business school to further myself and my skillset as an entrepreneur. I was impressed by Babson's #1 ranking for entrepreneurship and appreciate its location in/near Boston, which is a tech hub, as well as Massachusetts which is a state that just legalized cannabis (my current background is in arts + cannabis entrepreneurship). Babson has awarded me $30k/year ($60k total) + a graduate assistantship of $8k, so it would be the same price as Bocconi (possibly cheaper but I'll likely need to get a car.)

I applied to business school thinking I would do 2-3 years of consulting around digital branding / strategy at a big 4 and then start my own business in cannabis / VR/AR or tourism / VR/AR. Learning about and applying to Babson I realized that if I leverage the programs while I'm there I could graduate with my business semi-operational already.

These are two very different life paths I'm looking at ahead of me. My mother is all-in for Babson whereas my older sister is rooting for Bocconi. Personally, my gut instinct is Babson but it's always been my dream to live in Italy and who knows where this administration will take us (both economically/socially and as it relates to cannabis as they've been cracking down on the industry which could reach $25-50 billion by 2525.) However, I'm very well-connected already in the Boston cannabis scene.

Both Milan and Boston are cities, however I visited Boston a few weeks ago for Pride and it seems small. But it's by the water and Milan is inland (growing up in NY and spending summers in Sicily, coastal is my preference). I've lived in Milan. By far not my favorite city in Italy but you can fly almost anywhere in Europe, and it's where the Italian economy is located.

My stats:
Female / queer / White/Latina by way of Argentina / 26 / 5 years FT work experience
Background: non-profit arts/culture + cannabis entrepreneurship (I do digital strategy)
GMAT: 680
Undergrad GPA: 3.59
Alma mater: Georgetown University BA in romance languages

Thoughts appreciated, please keep it positive.