OK, first my credentials:
IAAL (I Am A Librarian)
I finished my MLS in 1995
I started my first job as an actual librarian in 2003 :eek:
Everyone’s experience varies, but this was mine:
I had to borrow the money to go to library school. Luckily the federal student loan program was there to aid me. Unluckily I didn’t get a good interest rate because I didn’t qualify for the subsidized loan program. I made too much money at my $16k per year job. :rolleyes:
In 2005 I will have finally paid off my loans and that will be weird.
The program I chose (Simmons College in Boston) was NOT what I would consider an academically challenging program by any stretch of the imagination. And people always claim it’s a well-respected program. The classes were ridiculously easy, some of my classmates were dolts, the school didn’t have the resources to be teaching some of the “high-tech” classes they offered; in general I didn’t have a lot of respect for their program. They didn’t teach me anything there that I hadn’t already learned on the job as a library assistant, but getting an MLS is a necessary evil in order to be a professional librarian, so I just tried to keep my mouth shut about it and do my coursework. On the upside, I met a lot of really great people (librarianship is full of them), and generally had a great time being a young grad student in Boston.
I had trouble getting a professional position after graduating for several reasons. Chief among them were my unwillingness to locate, too narrow a focus on the type of position I would apply for, and in general not being a very good interviewee. I am sooo much better at the interview process now that I have some rofessional & personal confidence. 
I took a position working for a software company that sold big honkin’ online library systems, doing tech support for one of their systems. Again met a bunch of great people, both in the vendor world and in the library world, moved out of doing tech support into training, QA & demos at trade shows. Downside: the corporate world was exasperating and frustrating. Upside: I had a great time, traveled to Canada, Australia & all around the US on the company dime, and made a little more money than I would have as a librarian. Oh, and I met my husband.
Meanwhile I had a part-time job on weekends at a local graduate school library and in 2003 parlayed that into a full-time position as their Systems Librarian & Tech Services head. So a mere 8 years after finishing my MLS, I am working as a full-time librarian. At many points in those 8 years I could have looked for a job as a Librarian, but didn’t, so don’t take this as an indication of how tough the job market is. It was a choice I made.
OK, 'nuff with the life story. Do I have any words of wsdom for you as a potential member-of-the-club?
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If you’re interested in working as a librarian in museums, historical-societies & the like, do at least some introductory archivist coursework. Archives is a branch of librarianship with a specific skillset and separate coursework. You may not have to be an archivist to work in a museum or historical society library, but some coursework in it could be very helpful when applying for a job.
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If you’re not willing to relocate, be prepared with a job you can fall back on while you look for a library job where you currently live, because it might take a while. Sounds like you have that part covered.
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While you’re in library school, get a part-time job in a library, archives, etc if you at all can. Even if it’s just 4 hours a week, or unpaid. You start building a collection of potential professional references in the field AND you’ll learn a lot. Oh, and it’s also easier to get these part-time jobs as a library student, because the employer knows you’ll work cheap and be willing to learn to do all kinds of stuff that needs to be done around the library.
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Learn the secret handshake. I can’t give you details, but it involves library paste.
I’m sure I’ll think of more, but that’s all that come to mind at the moment.