I'm a senior finishing my BFA in photography (someday I really will graduate LOL). I started a loooong time ago, had kids and worked some, then went back to school. I can honestly say I'm a much better photographer now than I was before I went back to school. Yes, I had to take a lot of classes that I thought were useless. But looking back I can see where I've used things in my work from other disciplines. Even from the math, science, history and literature core classes I had to take. And I've found simply learning the history of my craft has greatly impacted what I do. Right now I'm really getting into alternate processes (cyanotype, vandyke brown, gum, wet plate collodion) and it's actually opening up a whole new avenue for me since I'm somewhat of a hands crafty person to start with. And I can see taking those alt processes skills and parlaying them into my professional work as a way to offer unique services like high end platinum or palladium prints (something I'd love to do when I've got the $$ for the supplies). I've also really gotten into large format photography after being forced to use a 4x5 view camera in class.
What I'm saying here with all of this rambling is I went back to school because I wanted to learn more and become a better photographer. And I've gotten a whole lot more out of it than that.
Are you studying in a commercial photography program, a fine art program or a journalism program? Because there are a lot of differences between them and getting into the right program for the type of work you want to do can really impact how much you get out of it.
And my advice, one photo student to another, don't take three darkroom studio classes in teh same semester. LOL You'll never see daylight. Right now I'm really missing the expediency of digital.