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Based on my experience, it really depends on how much effort you put in. I chose a program that gives the same opportunities and resources to FT and PT students and I've tried to take advantage of it. Case comps, company-sponsored group projects, networking events, on-campus recruiting... I've made an active effort to participate as often as I can.
I think I'm getting much more value out of the program than some of my classmates who just go to class and then go home. It does get tiring though. I definitely envy the FT students who don't have to balance class, school events, and 40+ hours of work a week.