Thousands of students aren't 100% happy with their current college and are contemplating transferring. In my lists of good reasons and bad reasons to transfer, I name finances as a potential good reason to transfer. Some schools cost much more than others, and financial aid packages can vary widely from college to college.
However, you shouldn't assume that a public university with a low price tag will actually cost less than a private university. Private colleges and universities often have more resources for financial aid, especially given the condition of many state budgets. Perhaps more significant, a government study showed that a transfer adds an average of nine months to graduation time. That's nine more months of paying tuition and nine fewer months of earning income from a job.
A transfer doesn't need to take more time, but you'll want to make sure classes you've completed will both transfer to the new school and fulfill general education and/or major requirements. To learn more, read this article on the hidden costs of transferring.
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