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I'll add that after my ex-husband got his MBA (after he dropped out of law school, which he tried to do part time while working full time as an accountant), he noted that most of the higher ups in all the corporations he worked for were not MBAs but in fact had law degrees. There are even more MBAs out there than there are attorneys!
I would also venture to say that, as with most careers, much of it depends on the area where you plan to search for jobs. I know many mechanical engineering grads lately who took more than a year to find a job. In Michigan, this work is primarily with contractors who work for the auto companies and they have been cutting back and outsourcing this type of work. It's not the "automatic good job" that it used to be, here anyway.
Dee
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