I went to SAIC in Visual Communications for my BFA, and knew a lot of the MFA students. I have to say that the faculty and the studios there are amazing. The classes are small, and the MFA teachers are top notch. My favorite teacher was Stephen Farrell, and if you look into his work, you'll be blown away. SAIC I think is also quite conceptual, so they're not into it if you're just making pretty layouts, they really pushed us even as BFA students to do research and really have a leg to stand on when explaining your work.
A lot of the MFA students work that I saw there was excellent in terms of type and design, with a bit of experimental experiences added to them. Honestly, if you work hard, you'll come out with an amazing portfolio. For BFA, I came out with a highly competitive portfolio and was able to find a job pretty quickly.
I know I'm biased, but seriously I loved being there. It was the best choice I made.