With my current degree and profession, there's no room for growth or a pay raise unless I become an editor. But becoming an editor means even MORE work, 24/7, no holidays off, no weekends, calls coming in about nonsense round the clock, literally .. and all for not much more pay than I am making now. It's a pretty miserable existence for anyone who has a family. And if I remain in the lower level position I'm currently in, I will never be able to put any savings aside, and even just getting by will be tough. I definitely would not be able to provide my son with any money for college, or enroll him in recreational activities like martial arts/sports when he's older. There'd be no money for family vacations or trips to fun places. (Keep in mind here I have about $100,000 in student loan debt, and the bulk of that is not eligible for a forbearance because these were private loans)
So, I'm torn, really. I don't want to take any attention away from my son, and would love to be able to spend lots of quality time with him, but doing that would also mean the constant stress of not being able to provide for him financially. And as he gets older, he's going to have more and more expenses. At the rate I'm going, I will not be able to cover those expenses.
There's also the option of just getting some mediocre job in retail or something that has absolutely nothing to do with my degree or interests. But I know if I do that, I will hate my life, be very depressed, and my son will feel that. (That's what my life was like with my mom).
I guess the best thing to do would be to find some middleground. Maybe a less intensive program that I could complete mostly online, as was suggested elsewhere in this thread. The main reason I was going for a doctoral program is because tuition is covered, whereas for MA programs it's not ... and I don't have money to pay any tuition.
I may still apply for the linguistics program, just to see if I feel differently about it in a few months time. And I'll take the GRE regardless, because that's required in all the MA programs I've considered. But I'll try to take baby steps and do everything gradually instead of leaping into something that might be too overwhelming.