I am finishing up nursing school, which cost me a whopping $160,000, and from going to my clinical sites, I see that a lot of our graduates where taken in along with many of my recent new grad friends who had jobs within a couple months! Everyone's opinion is different, but I'm getting my BSN-RN in 2.5 years (an accelerated program as well) and have a pretty high chance of getting a job soon after graduation. I have heard similar to what you have heard about pharmacists having a very hard time finding a job. It would be horrible to go to school for 5 years and struggle to find work after all those hard years of study. In my opinion, its not worth it. I would go for nursing school, you have a VERY high probability of finding a job soon after.