The Gamble of Going Back to School

For some people, getting laid off is the kick in the pants they need to rethink their career and move in an entirely new direction. Some learn a new vocation by starting at the bottom rung and working their way up; others return to the classroom.

Those who choose to go back to school may find it a little more affordable these days. Federal programs that provide assistance, like the Workforce Reinvestment Act and Dislocated Worker Program, have been expanded as part of the economic stimulus act President Obama signed in February. And then there are the tax breaks, like the Lifetime Learning Credit, which is equal to 20% of qualified education expense up to $10,000, for a maximum credit of up to $2,000.

Despite efforts to make education more affordable, it's still a financial gamble. But for some, it's a toss of the die worth taking. Here are three people who decided that hitting the books was the best first step towards embarking on a new career.

After three years freelancing for publications like the New York Times and the New York Sun, Nathan Lee thought he had finally made it when he landed a full-time gig as the Village Voice