Riding out economy...in grad school

Facing one of the worst job markets in years, many college grads will head back to school in the fall to bag an advanced degree in fields such as law or business while they wait out the hard times. Barbara Correa in the Daily News.

But for grads who absolutely need a paycheck, experts advise: Send your resume to the federal government, Mervyns or Target or a health-care provider.

"With the economy not doing well, people are thinking they'll get into a graduate program and sit it out for a while. Historically, that's what goes on," said Wendy Margolis, director of communications for the Law School Admission Council, which tracks law school applications and test registrations.