Just my 2 cents, congratulations on your accomplishments, and I would do it. I remember when people were telling me that Psychology was not the field to go into " therapists don't make no damn money." With my Masters and experience I was able to make a goood living. I continued and now I have my Ph.D. and by next year when I pass the eppp, I will be soooo straight it is ridiculous. The loans are crazy but I will make more than enough for it not to matter. I am also looking into loan forgiveness programs for people in certain fields, e.g. mental health, medical, and education who work in under-serviced areas. They forgive up to 20-30k yearly from your loans. Do your research and see if the field you are entering will be able to cover your lifestyle and loans. Use a financial calculator and punch in the math yourself. Make sure you know the main ways of making the most out of your profession, and find anyone who is doing something you admire in the field based on what you value , and pick their brain. Lastly, evaluate your values and see if the job fits in with them. For example, free time, family, autonomy, monetary compensation, social prestige. And I can't lie, I love it when people who see me think " What the hell is this Black man with dreads doing here, " then they get the 'hello, I am Dr......... The look and feeling is priceless.