If I understood how debt really worked two years ago I would have never went to college, but alas, I was ignorant. For the past two years I've been racking up student loan debt, using the excesses to supplement my income.

At this point, I feel like I'm at a precipice. I don't want to go into further debt, and I also believe that getting a degree is not going to help me in the job market in the slightest, so I want to drop out to avoid piling on the debt even more.

Here's my question: with me making barely enough to get by, I really can't start repaying the government loans yet. However, I do see a promotion in my near future. Should I drop out now and try to get a deferment, or should I wait it out and go deeper into debt?