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I haven't experienced the social life at other schools but Wharton has to be right near the top of this list. They brought in Kembrel Jones as Dean of Happiness (AKA Dean of Student Life) a few years ago. He's had a profound impact and the school is much better for it. Last week was the White Party, tonight is the Ibiza party, you get the idea. Hardly a night goes by without competing options for fun. I'm not talking about nerdy fun (for that, see MIT). Wharton has dinners, drinks, IM sports, and game nights (OK, maybe that's a bit nerdy). There are loads of good looking guys and/or girls. The hardest part if finding the time/energy to do it all.
Columbia, of course! Not only do we have tons of events and social gatherings around campus every week, NYC is our playground and there's never enough time to do everything. Check out this video: http://youtu.be/YKfiqtDTXYQ
I would say most schools are what you make of it. If you want to behave like a 21 year old undergrad, there will be classmates with the same mentality. However, if you have 3 kids and are more interested in play dates then there will be some people who want that too. The larger the school the more people with like personalities, and the closer to a major city the more there is to do. Everyone living within close proximity helps.
Each school offers a little something different. Having spent two years at Kellogg, I can assure you no matter what your personality and lifestyle you will find a group of friends. If you have kids and/or family some schools definitely offer more for you in that regards and suggest you research that.
Kellogg Class of 2010...still active and willing to help. However, I do not do profile reviews, don't offer predictions on chances and am far to busy to review essays, so save the energy of writing me a PM seeking help for these. If I don't respond to a PM that is not one of the previously mentioned trash can destined messages, please don't take it personally I get so many messages I have a hard to responding to most. The more interesting, compelling, or humorous you message the more likely I am to respond. GMAT Club Premium Membership - big benefits and savings