I agree with others that it's important to consider why you would want to go to graduate school (and in general graduate school for the ph.d. in physics is about research... and admissions committees look for research experience and interest in the applications).
I think there are also all kinds of possible terminal Master's degree programs that you might want to look into... for specialized fields: such as medical physics, optics, science education, etc. While there is usually some project involved and some thesis, such a project is likely to be much more applied and to help you when it's time to seek a job in the field. In fact, you might also find better monetary satisfaction too. While a Ph.D. is generally funded, the stipends are low, and post-doctoral salaries aren't that high.
In academia (after a ph.d.), you generally get to balance research with teaching and academic service, but this route requires some contemplation too. In the current economic climate, many institutions aren't hiring new faculty... and for those that are, they're actually usually looking to snatch up (for cheap) superstars that are frustrated with their present institution. Who knows how the situation will look five-seven years from now... but even before the current economic situation, I was seeing many institutions in the Chronicle of Higher Education (for example the University of Washington) looking to hire more non-tenure-track faculty (i.e. hire instead "term faculty" for a set term of two-five years).
Other routes after the ph.d. include working in industry or at a notional or military research facility... but that is, again, research, so you'd better be in a field you're interested in. These do pay decently and have decent benefits, but perhaps not much better than having found such a job at a lower level after a terminal master's program -- and spending some time accumulating hours of experience and moving up in the ranks.