I did not get accepted the first time I applied for graduate school either. Then when I was accepted I decided not to go because my son was so young. There is no one direction that you can go with social work. That is a plus I think in that social workers have options and yes, more options with a masters degree but be proud of what you have accomplished. Perhaps losing your recent job will turn out to be an opportunity for you to find a job in your field. Will you be collecting unemployment until you find another job?