[camjohnson26]

While this makes sense in theory in my experience these companies end up relying on new grads for a lot of the work until they get wise and leave or burn out. For some reason they treat attrition as a cost of doing business, even though a lot of knowledge leaves when people do.

[GianFabien]

I have observed that some global consultancies throw lots of low performing grads at projects and bill like crazy. Typically the client pays around 8-12x the employees' rate. I am not exaggerating. I have been involved in the negotiations and bidding process.