I had the wonderful opportunity to experience both..
I went to Arizona State University as an undergrad..when I started, I didnt know ASL so I had oral terps and CART while taking ASL classes. As I became fluent enough in ASL and got tired of lipreading and reading the CART, I requested an ASL terp and boy, everything improved for me in the classroom. I also had hired notetakers which was ok because some students' had sloppy handwriting but better than nothing. I got along with my hearing peers at ASU. I loved the nightlife and the football games.
Then I went to grad school at Gallaudet University..by then I had accepted myself as a deaf person rather than a broken hearing person. I was flooooorrrred with how much access I had to everything in the classroom. It changed my life for the better. I was a mom by then so I didnt do much of the partying thing but I met so many people who became life-long friends. I graduated 8 years ago and several of them are still my good friends while my friends at ASU have lost touch with me.
I was happy to get to experience both. I dont have any complaints.