I have been working in middle management with my current employer for three years.I was informed this week that the company has eliminated my current position across the board, and is offering everyone in my position for a lesser management position with a pay decrease, or the option of severence pay. I am a single mother and thought this might be a good opportunity to go back to school with the help of unemployment and the aid of my 4 week severence pay. However, I am afraid if I take the offer and leave that I wont be entitled to any unemployment compensation. They gave us 4days to make our decision. I Any advice would be a great help.