[ndl]

You can build stuff. In this economic climate, that gives you an advantage in cofounder negotations, as there's a huge supply of unattached business people floating around.

I've been in a vaguely similar position. Don't freak out, and don't think of yourself as desperate. Don't settle. Don't rush things either. University is a great place to meet people who could become cofounders, so meet people.