Student loans at 40?
April 14, 2011 12:44 PM Subscribe
Is it worth it at 40yrs. old to take out student loans and go back to school full-time for 2 years? The profession I am interested in has a starting pay around 45-60K and is in the healthcare profession, so jobs are plentiful. I would be taking out about 30K in loans and of course, losing my current salary. My spouse and I both make pretty good money, we have a 4 month old child, we own a home and have 2 car notes, but no other debt. Considering these factors is it worth it to take on that amount of debt at 40 to make that kind salary?
Is having a more satisfying career, being a happier person, parent and spouse (not that I am unhappy personally, just very dissatisfied with my career) worth the loss of salary and debt?
Is that fair to my family?
posted by flesti to Work & Money (30 answers total) 9 users marked this as a favorite