The New York Times is saying what we've all suspected: it may be time to go back to college, even if you’ve already got a degree. With the unemployment rate currently at 6.7% and 10.3 million Americans unemployed, it's pretty tough finding a job, no less a good one.

Then there are also the sweet memories of keg stands, Undie Runs, and football games. They don’t hurt either.

New York Times contributor Eileen Zimmerman writes:

If a graduate degree makes sense generally for your career, this period of unemployment could be seen as a window of opportunity, said Jeffrey A. Heath, a managing director of the Landstone Group in Manhattan, an affiliate of the recruitment firm MRINetwork.

“Let’s say you’ve spent 10 years in finance and you want to stay in this career,” Mr. Heath said. “In a couple of years the market will be healthier and you will have your master’s degree,” he said…

You will need contacts in any new profession, and graduate programs can help connect you with alumni working in that field, said Eileen Kohan, executive director of the career planning and placement center at the University of Southern California.

Seriously, it may be better to go learn how to do what you do better than to have closer relationships with Craigslist and Monster.com than your girlfriend. But it’s pretty expensive, so if you’re going to get distracted by the lifestyle of Grateful Dead tapestries and Solo cups, grad school might not be as beneficial as say, revamping your resume.