As of right now: yes. Technically I'm not losing any money, since I work for the college on the federal work study program, but it's apparently really tough to get a job. Sometimes my friends grumble about not having a job, and I'm not going to lie, I feel a bit guilty.
However, it DOES effect my education. The school is cutting back it's spending by about 4.5%, and while that hasn't effected my TUITION, it HAS affected the quality of my education due to a hiring freeze. They have no money to hire new professors, even though class sizes are effin' HUGE now, so they just keep hiring "temporary" professors, most of whom perform poorly because they KNOW they're only temporary.
I'm also terrified about paying for grad school and, if I get through it, getting a job afterwards. I want to be a literature professor more than anything in the world, but I'm pretty sure it's one of those frou-frou jobs people find "unnecessary." (My one friend joked that I could just become a sex writer, but I don't think they pay very well for that.)
I've been spending money left and right, thankful to have a job, but after Christmas, I'm going to slow way down again. I'm going to stop buying new toys every other week and get better acquainted with what I already have. I'm not going to take my jobless friends out to dinner every Friday, because at the risk of sounding like a big meanie, I'm sick of feeling guilty because I was the best person for my job. My one friend and I were aggressive; we came to campus a month before the fall semester started and applied for jobs left and right, and I actually got one because of that. No more feeling guilty for me!
I had fully intended to put my entire tax return to my grad school, thinking I'd get everything back because of how "small" my job is, but now I think that might be a no-go. Chances are I may not even GET a refund.
(Actually, that might be a good idea to ease the debt up a bit: take a small percentage of the money you'd give BACK to people and pay off part of what we owe. America's debt is absolutely ridiculous right now.)