Sounds almost verbatim like my story, last year. I quit 12/15/08 from a regional in the face of a furlough to go back to school to get my CPA. Fast forward 12 months and the school part is done (only 1 year extra beyond the 4 yr I had) and 3 of the 4 CPA exam sections are passed. I'll reach my goal on 2/11/10 when I sit for a pass the last one.
Still flying all this time though, in a non career capacity. Flew 126 hours this year primarily as a part time CFI. I also recently got back into R/C airplanes and am enjoying what they offer.
Good luck!!