Should I keep on with my current position or go back and study law?

28 y/o married 3 kids. I currently hold a position with a reputable financial company. I moved into the position at an entry level. now I make double my salary from the time I started, however I cannot advance because I do not have a college education. my question is: Do I go back to school to fulfill a position with the company I am currently with and take 2-4years or should I go back to school for something that will fulfill my wants (law school 4-7 years)and take the chance on possibly having to pay two college tuitions as my oldest child will be starting college when I am finishing.

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