One of the assistants where I work just quit her job to go back to school for a PhD. Which sounds reasonable, except that classes don't start until the fall. Her plan for the mean time? "My credit card limit is $12,000--I should be able to make it until I start getting student loans." She is taking a six month break in between work and school, and putting it all on the credit card.
I get taking time off when you can but my goodness, she has been working here for a while, and the pay is good even at the lowest levels. It would have been a great time to save up for going back to school.
I guess I should just be glad I won't be her in a few years when she graduates with student loans, credit card debt, a bad work ethic, and a PhD in English literature... :)