I'm glad to know that this hasn't spread to Baltimore! Northside called me a few weeks ago asking me if I want to interview for their residency program, but like you said, they wanted me to sign a 2 year contract. 2 years is quite a long time to be tied down to a job, especially if you're new, so I ended up turning them down. Don't quote me on the exact figure for breaking it, but it's quite a bit....like mid-to-high four-figures! Those hospitals are doing residency programs but not all of them go that way. I actually live in the boondocks of northwest Georgia (Rome), and none of the hospitals here have a residency program. Also, ATL isn't an easy market. New grads are having hard time landing jobs here. Of the 20 or so people I'm keeping touch with who graduated with me last December (BSN), only 3 have a job locked in. I wish I can say that rural north Georgia is easier, but I'm having the same problems there too. Good luck!