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Absolutely, many of the dog walkers in my area are moms who need the flexibility to schedule around school hours.
Since most walks happen in the middle of the day your mornings and afternoons are FREE! You could work for 4 hours per day M-F and earn about $600 per week. You'll be getting some great exercise too!
Dog walking is a truly flexible and profitable business. Once you have established a client base it takes very little time aside from the actual walks. For example if you are a student needing part-time income for books and weekends, walking just 3 dogs a day (about 1.5 hours), 5 days per week, would earn you about $225! What other part time job working 1.5 hours per day would earn that much?