My decision is between SFS/SIPA/Fletcher/SAIS. As has been said in part, SFS is largely a State department feeder. I actually know one guy though who went from SFS to goldman sachs as an entry-level analyst, but he said that was extremely rare, and said that if you're interested in banking then he would only recommend an MBA. Of the schools I mentioned, SAIS and SIPA have the best private sector numbers (40% and 47%, respectively). SFS and Fletcher are more like a quarter of grads going into the private sector. If you are dead-set on a policy career, SFS might be better. If you want private sector though, SIPA would probably give you more options. I've heard SFS is pretty narrowly focused, but then I've only talked to 5 or 6 people.If the job you're looking at would be a step toward what you want to do long-term, then I would definitely try to defer. SIPA has a detailed doc on their website, basically it says that deferrals are case by case.I was also looking at working before attending SIPA, to save money, but it wouldn't be a step forward career-wise, so I'm just gonna go into more debt but I'll be doing what I want to do a year earlier (hopefully).not sure if it's a factor for you, but the average age at SFS is younger than SIPA. SFS takes a good number of kids out of undergrad, and I've heard there are actually SFS undergrads in some of the classes.