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[[I am now thinking that I would like to change career direction in midlife. I would
like to use my IRA money for my higer education expenses. Lets say I want to get an MBA in
finance and avoid the 10% excise tax. What can I consider as room and board? Can my mortgage
and food expenses count if I live at home and commute to a State University?]]

While the legislation doesn't specifically make reference to this issue, I would seriously doubt that these expenses would qualify as "higher education expenses" for room and board purposes. There are a number of IRC cross references relative to these expenses, and if one were to take the time to review all of them, I'm sure that you would find that this would not be allowed.

[[ If I already have a
graduate degree, does that make me ineligible for another advanced degree in another field?]]

Nope. Not according to the legislation as currently written.

[[ Is there an upper limit as to what I can take out of the IRA if I can go on for more education?]]

Again, not as the legislation is currently written.

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