nep_kt,

First of all, why would like to join indian consulting company eventhough you've heard horrible stories? There used to be a time when you get H1 visa easily and find job in IT through these companies. Now, it's a whole different ballgame. To get H1 visa is like winning lottery game and I've seen and heard hundreds of people on the bench who haven't got job for more than a year. Unless until you've graduated from some good universities, it's pretty hard to get sponsored from US companies esp if you're non-immigrant. Most of the companies look for US citizens. And moreover, they now have come up with some wierd OPT rules. So, in the time of uncertainty and risky, why don't you go for masters? I know it's again the financial problem. But, believe me, if you get good scores in GRE and get admitted to some good universities (good in the sense where they've lots of funding), you can get GAship at least from second semester. Do some internships if possible and start looking for job before you graduate.