I just graduated from an MSE program in Canada. I'm going to graduate
school but 25% of my class has jobs (they started looking in june right
after they graduated), 50% are going to grad school other degrees or
teaching. They are all enjoying themselves. Pay is between 45-52,000
CAD. I was worried much like you were but I enjoyed the program. I
tried to develop my skills and experiences as much as I could to
distinguish myself but also to learn more and get practical experience,
so I did a lot of extracurriculars. I suggest you get involved ppl
complain how expensive Uni is...well use it. There is so much money
they have and u can use. For instance if u like an aspect of MSE make a
club get funding build something (like sword making or nano something
or other) go to conferences etc.
Most importantly do what u love not whats profitable!
Keep in mind this is Canada. I think the prospects in the states are
Ohh and a TON of MSE jobs are often labelled as Mech , Chem,
Manufacturing and others. Learn what MSE is and market yourself!
If you don;t wanna get a job consider graduate studies...
All the best