grad school and reneging on an offer

this isn't currently an issue for me, but i am possibly considering getting a masters right after undergrad. if i accepted a full time offer in the fall of my senior year, but then received acceptance to a program in the spring, would i get in trouble for reneging on the offer? even if the program was just one year?

 

A friend of mine from Rice I work with delayed his hire date a year so he could finish his masters in bioengineering. I don't know if 2 years is a big deal, but one shouldn't be a problem. I would at least alert HR soon enough so they have warning....anyway, didn't most analyst training programs just start?

 

is ther eany tangible benefit of picking up a masters (i'm thinking of doing one in stat or econ)? i really enjoy the subjects and don't know if i would ever get the chance to go back to school. does anyone have anymore anecdotes of students who have put off ib for a year even though they had already accepted an offer?

 

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