Originally Posted by Demeter9
I don't know about where you live, but student loans are tax deductible in Canada.
Actually, it's just the interest payments that are tax deductible (small PSA for Canadians). And, of course, if you decide to consolidate under a line of credit, it's no longer officially a student loan, so you don't get the deduction.
[QUOTE=Empress;9433285]I know people who have had to make different choices than what they originally wanted to do because of their student loan debt. A MSW friend took a DCFS caseworker job instead of going into adoption because she needed the higher pay for her student loans. A nurse we know works 2 jobs to pay off their BSN from a private university, and wishes she went to the community college for an ADN instead.
Debt influences the choices you can make in the future.
Yes, that. My career choices were very strongly influenced by debt, and that ends up being the case for many professionals.
I'm not totally sure what I would do in your situation. I'd lean towards a middle ground - leave the horrific job for your own health and sanity, but do whatever you can over the next two years to avoid that level of debt. Part-time work, babysitting, paper routes. Can your husband work in the summer? We lived on student loans when I was finishing school, and having the early years together as a family was fantastic, but on the other hand we're all paying for it now, with my long hours.
Hence the middle ground. You don't want the fact that you left your lousy job today to be the reason your dh has to stay in a lousy job tomorrow.