Originally Posted by George Anderson
I am looking for input on a career choice for my wife. Before we had a family she worked in the insurance industry and made pretty good money. She quit her job to raise our kids and she since has inquired about getting a job back in the insurance industry. Unfortunately the very best job she can get is $13 an hr which is a far cry from what she used to make. She is considering getting into the medical field but is not at all enthusiastic about going back to school especially with 2 young children. My question is can anyone recommend a decent paying profession (around $40,000 or so) with a minimal amount of schooling required most likely in the medical field?
Can you afford to pay for any schooling out of pocket, or would you be taking on debt in order for your wife to go back to school? I ask, because it's important to factor in the cost of re-education (both in actual dollar amounts and lost time that could be spent working in a different field) into this decision. It's not always the case that schooling "pays for itself" in these types of situations -- especially when you're going back late and don't have the full working lifetime to earn the investment back. Plus, any educational debt is nondischargeable in bankruptcy -- which means you're saddled with it no matter what else happens in your life.