Don't feel you have to achieve everything in your first year out. It's definitely a tough environment but in some ways I think that can be more rewarding. Don't be afraid to get your name out there by interning, freelancing, doing personal projects.

DO think about where you want to live after college, then where you want to work. DO network with your family and friends and ask around for job openings. DO make a PDF portfolio for people interested in seeing your work. You'll get their name and email address for delivery—your first foot in the door. DO make yourself a nice invoice form for freelance projects (Nick's right) and use it! DO consider working for small shops who will teach you the ins-and-outs of the design business. DO continue reading about design and pickup a used Graphic Artist's Guild "Pricing and Ethical Guidelines" book for reference. DO visit your college's career placement office. DO have confidence you're a rock star. And lastly, DO good work and be nice!