"Let's Be the Quiet Realization that Our Time Has Passed"

I'm in the middle of a massive life-dilemma, and I figure that, potentially, the only way to solve it will be to talk it out. Nothing but nothing in return seems to be fairly objective, so let's start here.

In six months, I will be graduated. That's four long years (that remembers like two but feels like seven) of stress and assignments and figuring each teacher out to get away with doing less and learning how to listen with only 10% of my attention while taking in 50% of the content (and let's be real, who remembers any more than that anyway?). So the dilemma. I want to go on to graduate studies, I've picked the school (if they'll have me, of course), I've nearly picked my degree (MCS majoring in Old Testament or Theology), and all that is left before me is to choose the "when."

When?

When I go, I tell myself it will be different than here. Less credits, less classes, stuff I actually want to learn instead of stuff I kinda wanna maybe sometimes learn. But who am I kidding? I will put too much on my plate, as always, and die trying to get things that at one time would have been a snap but are now a marathon to Mexico.

So here are the options:

1. Because I have to decide by January, which is far too soon to know if I'll want to be there in September, I can actively choose to take a year off and wait until next January to apply.
2. I apply and (granted that I get in, because otherwise all dreams are squashed) I only take one course my first semester and see how it goes. From there, if I take two courses each Fall and Winter semester and one in Spring or Summer, I will finish in four years. Piece of cake. How could that possibly stress me out? And, if for some reason I decide to take time off in the middle, I have a two year time buffer (I have a max time of six years to finish).
3. I apply and go, and make it my mission to kill this thing. I do three courses each for Fall and Winter, and two Spring or Summer. That completes it in two years, with only my thesis left to do. And who am I kidding? I could knock that thing out in a month...but I could give myself an entire year. Or two. I could be done in three years, still never even becoming a full-time student, and enabling me to have a job and a life outside of school.

So, what do I do? Objective nothingness, what do I do?

Right. Answers out of nothing are no answers at all.