The NCAA is closer to an organized crime syndicate than it is to the image they try to portray (one of caring about what's best for student athletes.....blah, blah, blah). The reality is, the only time a student athlete has any control over their own destiny is before they sign the NLI (ie, while they're being recruited). Just because someone is a scholarship student-athlete does not mean their rights and options should be more limited than any other student. The genesis of the "sit a year" transfer rule was supposedly to allow the student athlete to acclimate to the new school without the pressure of the sport as well. However, this quickly morphed into another way that coaches and schools (and the NCAA) exert control over young adults who also happen to be student-athletes.
It happens every year, every where, many graduated high schoolers leave home and head off to their dream University/College and for one reason or another after a semester or 2 many of them realize that their 'dream school' isn't what they thought/hoped it would be so they are free to transfer anywhere they want (and can get in). What is the basis for limiting student athletes ability to transfer? It's simple, it is control for the University's and coaches that put their time in recruiting and developing said player. Fans of teams don't like the transfer thing because it makes it harder to have continuity with the players on your favorite team, but ask yourself, is that really a good enough reason to limit a young persons options? Personally, I think not!
The loosened transfer rules are about the only thing the NCAA has done in recent years (along with cost of attendance scholarships) to actually help student athletes. Coaches come and go, Administrators come and go, why shouldn't the student athletes be able to too? Best wishes to Lonergan and Watts and to BC and their remaining players as well!