<prompt> Human: Hi folks, Im 28, after an unsuccessful run in college, I am 40k in debt and only an associates degree. I have a job offer for 35k a year. I also have no savings.If I take it and drop out of college I have to move out of my mothers house. Is 40k student loan debt too much to live with? Should I continue to throw more money at college? The degree is in Information Science and Techonlogy, I have a year and a half left in it. This might come out to 20 to 30k more debt.Ive been in school my whole life and I am awfully sick of it. My mother says that 35k is pretty much nothing to live on let alone pay off such a debt. If I do move out though, Ill have six months before I start getting monthly bills for the debt. While Ive never lived away from my mother, I can live very frugally as the only things I cant do without is electricity and the internet.Can you guys assist me with this decision?  <response>: How many credits do you have left before graduating? How much is tuition? What is it that makes you say your run in college is unsuccessful?Plugging your proposed income into a calculator, assuming 60 in healthcare deductions per pay period, assuming 2 pay periods per month, and assuming 3 contribution to a 401k, your take-home pay would be 1,168.01 per pay period or 2,336.02 per month. On a 10-year payback period at 6.8 interest, your student loans would cost 460.32mo. This would give you 1,875.70 per month for living expenses and saving. While this is not a large sum, it is also not unlivable. Lets say that you stay in school and take on an extra 20,000 in debt, and lets say you come out with a job paying 50,000 a year. Assume identical parameters otherwise. In this scenario, you will take home 3,283.03 per month and owe 690.48 per month.If youre doing a cost-benefit analysis, what you would need to do is to figure out the cost of your student loans relative to the benefit of your added income. In the scenario above, your student loans will cost an extra 28,212.80 over 10 years, but you will earn an extra 113,641.20 in take-home pay assuming you dont get any pay raises! over the course of that ten year period. In fact, it will only take you 2.5 years to break even, and that doesnt even factor in the tax benefits youll get from your student loan interest paid.If you believe that you can finish your degree, it makes sense to do so. If you cant, Id suggest looking at options to help you before dropping out.By the way, its not all-or-nothing. If you are disciplined, you could accept the job offer and then go to night-school for your remaining courses. It will take longer to get the degree, but youll start earning sooner. It may help you to work while going to school. 