Pretty much what Rick said.

Right now being the down-turn in the economy, and your current situation, you "could" be lucky enough to be picked up fairly low-time for a job after you complete all your ratings and maybe build 500hrs. It could happen, it probably won't. I though that after 9/11, when I graduated in 04' that things would be recovered enough that they'd be hiring low-timers out of college again. I was way wrong. It worked out for me, but it finally did happen in 07' (additional 2.5yrs) when the airlines got that desperate.

So my point being is the future is a big unknown for everyone, prepare yourself for what could be the worst situation possible(lots of debt and no job), but hope for the best.

Good luck