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want to quit my job

Okay probably wrong board but anyway.... I am a 42 yr old (male) divorcee, with three kids i pay maintenance for them, well one actually lives with me as she is at college full time but anyway here is my dilema, I want to quit my full time job and start in full time higher education starting off with HNC through degree and eventually ending up in a post grad course, but i guess that i will not be entitled to any benefits in the way i would if i was made redundant say, I live in a housing association house. Can anyone advise of what financial aid other than the basic bursary i may be entitled to and if i were to get a part time job to subsidise my living expenses what effect would that have? Oh and I live in Scotland. have i forgotten anything??:confused:
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  • dmg24
    dmg24 Posts: 33,920 Forumite
    10,000 Posts
    You would only be entitled to the usual student finance, which you can check on the SAAS website. You would not receive assistance towards housing costs.

    You would be crazy to quit your job in the current economic climate.
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  • cazziebo
    cazziebo Posts: 3,209 Forumite
    Would you still be able to pay maintenance for your children if you quit your job? If the answer's no then I'd say that's more of a reason to stay put than the economic climate (sorry DMG!).
  • Wouldn't it be possible for you to study part time or by distance learning?

    What area are you hoping to study?
  • dmg24 wrote: »
    You would be crazy to quit your job in the current economic climate.

    ??? No more crazy than at any other time, if OP is out of the market for more than a year.

    Besides, OP could decide to stay in job and lose it shortly after having turned down the chance to study and miss out for a year which could have been spent studying.
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  • dmg24
    dmg24 Posts: 33,920 Forumite
    10,000 Posts
    ??? No more crazy than at any other time, if OP is out of the market for more than a year.

    Besides, OP could decide to stay in job and lose it shortly after having turned down the chance to study and miss out for a year which could have been spent studying.

    The OP intends to get a part time job, as well as studying. I assume you have not tried to find part time work recently?

    If the OP was made redundant he would receive payment for this. He would also be eligible for benefits. If the OP was to quit now, and his role be made redundant in a few months time, he would not receive a penny, and be eligible for no benefits.

    Tell me which part of your idea you actually thought through before posting? :confused:
    Gone ... or have I?
  • How not to work for the next 10 years until I am a an age were no one will want me anyway and finance it off the taxpayer?:rolleyes:

    Not a helpful remark, all things considered., particularly to a new member
  • dmg24
    dmg24 Posts: 33,920 Forumite
    10,000 Posts
    cazziebo wrote: »
    Would you still be able to pay maintenance for your children if you quit your job? If the answer's no then I'd say that's more of a reason to stay put than the economic climate (sorry DMG!).

    I'm trying to stop allowing my maternal instincts to rule my head at the mo, anything baby related is out of bounds! ;)
    Gone ... or have I?
  • dmg24
    dmg24 Posts: 33,920 Forumite
    10,000 Posts
    How not to work for the next 10 years until I am a an age were no one will want me anyway and finance it off the taxpayer?:rolleyes:

    A tad blunt, but a good point. I am an advocate of education at any stage, but the OP may wish to consider whether his proposed qualifications would actually enhance their career, considering they will be nearly fifty when they qualify?
    Gone ... or have I?
  • Why not do your study evenings and weekends? You don't have young kids in your house, so no distraction from the study. And you'll still have an income.
  • dmg24 wrote: »
    A tad blunt, but a good point. I am an advocate of education at any stage, but the OP may wish to consider whether his proposed qualifications would actually enhance their career, considering they will be nearly fifty when they qualify?

    Somebody of his age will have at least 18 years of working life after qualifying, so I'm afraid that I don't agree with you on this. If nurses can start their training in their early 50s, I don't see why the OP can't start the process in his 40s.
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