Changing graduate schools after a semester I am stuck in a somewhat unusual situation. I am enrolled in a graduate program (masters) in my country in the field of my choice. My college has a good undergraduate program but, as I've come to discover over the roughly two months I've been here, the graduate program fails in comparison. 

Basically, the professors teaching graduates seem disinterested, there is no visible scope for research and they are only concerned about grades and getting a well-paying job after I get my degree. I wish to have a career in academia (I particularly enjoy teaching) and my current graduate education experience has left me dissatisfied.

I am in my first semester and I am considering applying fresh to graduate schools outside of my country for the next academic year. I am planning to drop out after I complete this semester.

My questions are:


Does it make sense to start afresh? Should I stay and try to work things out? (I've been talking to professors and it doesn't look good so far).  
Should I mention my current college in my graduate school application statement? Does it hurt my chances if it appears that I have dropped out of a graduate program before?
As an alternative, you could finish the semester and take some credits with you. Changing graduate schools isn't all that unusual, particularly if you are leaving your alma mater in favor of a different school.