I've applied for a job at my undergrad, but in an office, as a study abroad director. ( I worked there while I was an undergrad, was a double language major, and studied abroad twice, so my qualifications should at least help me have a leg up, I'd hope!) I'd be ok doing that for a year or two, getting on my feet, paying off some loans, and trying again for grad school next year or, in the case there's a min. contract, after the contract's up.
If that doesn't happen either, really not sure. I'll keep looking for a job, but it's still gonna be difficult to find something. The dilemma is do I look for something decently good or do I get a semi-ok job while I wait it out to try again, you know?