Re: Anyone here work in consulting?
1. If you are staying in Chicago, you may not be going anywhere. But don't count on it. It's a grind for the low folks in the structure. You could easily be assigned to some gig someplace else for a long stretch, or many different places for short stretches. If you have friends spread out all over and no steady girlfriend that is going to be pissed with your travel, this can be a fine thing for you right now.
2. + 3.) Since you seem surprised to have this offer, treat it like found money. Go ahead and be up front. Tell them you have applied to grad school and if you get in you will defer admission to work with them a year. If they give you gruff, walk away. If not then you've gotten the best of both worlds.
Just remember that you can defer some student loans in grad school, but you will be paying them if consulting.
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