I am fresh out of College (graduated in December with BS in Comp Sci). I have been working for a very large (40,000+ employee) company for over two years. My job is as stable as anyone could hope for. However, I am always bored, they cannot keep us (developers) busy. I am thinking about apply at some local contracting companies and try out contracting. I have been told that I could make a lot more money as a contractor and even more if I was willing to travel. I have been told that as a contractor I would basically be constantly coding, no BS meetings about project charters and stage gates, and that I would learn more in a year than I would in 10 years at my current job (this I believe since we're using java 1.4 and our brand new laptops have windows 2000 on them... lol). I just want to know what to expect if I decided to go the contracting route, and if traveling is worth it. Since I don't have any kids and this seems like the best time to do something like this.
What have been your experiences with contracting? How do the mechanics of travel as a contractor work (what is paid for, do you work 4 10 hour days... etc)? Will I really be mostly coding? Will I really gain valuable insight and knowledge of the IT world?