My friend is freaking out. Is there hope?

My friend majored in psychology. She did well, with a GPA in the 3.0-3.4 range, internship experience, was on a research team, and is also getting a certificate in parent child education. Her goal was to get into grad school or atleast a masters program, but is terrified she won’t. She has these great letters of recommendation, if that helps.

My question is, if she doesn’t get accepted, what are her options? I would hate to see her work in retail with a degree in psych because I guess it’s worthless without higher education. I don’t know though.

Preschool teacher?