timecrunch

Hi, So, I've recently finished up undergrad, and have just received word that I've been offered a graduate assistantship in the administrative sector of my undergraduate institution, where I did my BA and some MA credits, as part of a five year program for English lit. It's ranked about 140/150 so its not that high up there, but it would be free. However, I sometimes felt as if I wasn't really being pushed intellectually when I did my undergrad, and sometimes when I was in grad classes. My other option is a program for Lit. that's ranked in the 70's, its public and local--so its relatively cheap-- and its a completely new atmosphere, which I sort of want, with more classes, new professors and (probably) a more dedicated learning community. Another complication: I applied for a Fulbright this year and was Alt.'d and am deciding whether I want to apply again for 2013-2014. I think my undergrad. institution would help to better prepare my application because there's more of a focus on Fulbright there. Also, my boss for the GA would have some connections in the country I hope to apply to. But, that's IF I decide if that's what I truly want. Basically, my question is: do I finish my MA for free at a lower ranked school in a year, with better prospects for Fulbright, or do I do a two year MA at a better ranked school that will cost 10-15 grand but push me intellectually and (probably) better prepare me for a career (whether in academia or higher ed.)? Please help!