After Graduation, Get a Job Immediately, or Else:
So, the days of leaving college to jump around from half-job to half-job, or to travel and “find yourself,” or to just hang out for awhile before joining the rat race are over. If you do it, there are consequences.
There always were consequences. Adult life is not child's play unless you have a good-sized trust fund. Of course, you can always do liberal arts grad study in England: they are desperate for suckers. Afterwards, you can wait tables or join riots to burn down some entrepreneurial Paki's fruit stand or some struggling family's haberdashery.
The academic bubble is not bursting, but it is a slow, steady leak which will leave many would-be paid scholars unemployed. My best advice, which is worth exactly what you pay for it, is to get a real productive job and to pursue your scholarly interests on your own, as most people have done in the past. It's going to be difficult to get paid for a hobby in the near future. No free ride unless you are a Talmud scholar in Williamsburg, Brooklyn, married to a rich wife.