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For what it’s worth, I’m in a similar boat, only I’m considering PhD studies in theology. From what I understand, the job market in academia is extremely rough right now and with Washington’s insane policies, I don’t expect things to pick up anytime soon. The bad job market in the academy is especially bad for folks with the kind of degrees that we’re interested in pursuing (last I heard, anyway). The difference between you and me is that you have a marketable undergrad degree, whereas I majored in political science (and I can’t see myself working for the government, so that narrows my prospects substantially – that’s what I get for becoming an Austro-libertarian after graduation). So my advice would be to carefully research the job market before you spend 5-6 years in school for a degree that may not pay off.