A College Dilemma
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The truth is, you don't have to choose, you can do both. I started investing while I was in college. I worked full time and went to school full time and started buying property. You need a place to live, and surely you can drum up some roommates, pick up a duplex and rent out the other side. You are in a perfect place to house hack.
Yes, college is expensive, and it's more expensive than when I was going to school, but the truth is, a college degree will open doors for you that would never open otherwise. In order to invest at a level that will eventually sustain you, make you free, you need income. No one is going to loan $250k to a kid with no experience or income. If you graduate with a finance degree, you will be qualified for higher paying jobs, in general, than you would qualify for without that degree- correct? Those higher paying jobs equate to more mortgages with better terms. Those mortgages, over time, will create equity and leverage for you, which means more property.
Everything comes with a cost and anything worth having is worth working for. Sounds like I am in the minority on this thread, but I think a degree is important. Sure, you can do well without one, but research shows you a MUCH more likely to be successful with one. Be patient, work hard, get your degree and start investing now at a small scale and watch your portfolio grow. Best of luck!
- Corby Goade