I have actually overheard many people at my university talking about this. They don't think they can get a job when they graduate, so they are applying to graduate schools instead, hoping that when they get out of grad school the job market will be better and plus, they will have an advanced degree. Personally I don't think it's a good idea, because then you are stacking more student loans on yourself. It almost seems like gambling...

What do you all think, and have you heard of people doing this?