Undergraduates, listen up, it's time to stop job hunting and start taking an interest in a graduate school education! I know it's still the beginning of the year, but for those of you who are seniors, this is the time to start thinking about your future in the "real world."
The last thing I'd want to do if I was in your shoes is try to find decent work in this lousy job market. Instead, take a deep breath and get ready to do what millions before you who couldn't decide what to do with their futures have done: go to law school.
I feel sorry for all of my compatriots in the class of 2007 who are off getting their MBAs right now. Even if they can get jobs on Wall Street, the days of big bonuses are over. Now, you could study something esoteric, I know of plenty of schools that will pay grad-students a big stipend--as much as $18,000 a year--just to study something like political economy or history. If that's the kind of thing you're interested in, I suggest you spend the next couple of years hiding inside of a university before wading into the private sector.
But for those of you who are money hungry, go to law school. Is it boring? I've heard nothing to suggest otherwise. But if you get into a decent place and get good grades, then you're pretty much in the promised land of $200,000 a year salaries as soon as you graduate.