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Should I take out a line of credit, or take on a full-time job to finish my degree?



If I continue in school full time, I will be finished my Bachelor of Social Work degree in a year. However, I already have a student loan that is over $40,000. My first option is to take out an $8,000 student line of credit from my bank and finish my degree in a year (plus, for some of the year, I can work at minimum wage, part-time job on the side for about 10 hours/week). My second option is to take a full-time call centre job that pays about $25/hour, but I will have to go to school part time only, and it will take me 2 years to finish my degree. What would you do?

If I knew that I would get a full time job with a decent salary in my field immediately upon graduation, I would stay in school full time. If that was uncertain, I would opt for the longer route of working full time and going to school part time.
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