Should I Go Back To School?

Hello, everyone.  A good friend of mine asked me this question and I decided to answer it here.  My friend is in her late 40s and she has five kids ranging from the age of 10 to 23 and she works full time.  

She wants to go back to school to finally get her degree.  She found out her job is going to be laid off and she said that she plans to go back to school, while she is on unemployment.  She asked me whether or not she is too old to be going back to school.

I would never tell anyone not to go back to school because it is great to have an education but I feel that if you have to take out student loans, you will have to pay those back and it can cause hardship. 

 If you are getting reimbursed by your employer it would be worth it.  You are not too old to finish school but it is very important to get a degree in a field that have lots of jobs such as the medical field because we do face a lot of age discrimination when we are in our forties or fifties. 

There are a lot of middle-aged people who decide to start their own business after getting their degree and it is a great idea.  You are the only person who will know whether or not it is financially feasible to go back to school.  I am very proud of you and I wish you the best.