I agree with Reddo. If they want you to get more experience, go get it. Even if it means dropping meatbombs at your nearest parachute club.
I also have a degree, 1700hrs, ATP, ex military and I am flying a BE58 Baron to stay in the industry, build even more hours and show the airlines that I am prepared to do whatever it takes while I wait for my interviews. (Oh and by the way, this flying takes place in the bush, 2000 km away from my house and my wife whom I see 5 days per month).
Keep at it mate. It'll happen if your attitude is right.
[This message has been edited by nugpot (edited 11 November 2000).]