Lived in a recording studio for 6 years. Never actually went to school for anything but spent the better part of my time hanging with my best friend in his studios and others.
Also went to a university with a solid music program, but again, never did school for it.
I can tell you that Pro Tools + M box = fun times.
I can also tell you, from an engineering/mixing/producing standpoint, the pay has gone super downhill in the last 10 years.
When I moved in with my friend, he was making 150K + a year from recording. Now he's at around 60k a year but he makes a lot in royalties and does sound on occasion for various tours.
I would also like to mention another one of my producer friends just left the field almost entirely and decided to take his money and open a donut shop. He said the money wasn't there and the amount of shit groups he has to work with was getting to be too much.
Then there is another friend who is uber mainstream is 50/50 as to how he feels about the music industry on any given day, but because he only does pop stuff he's still probably in the 200K a year world.
So if your plan is to really make music, the pro's aren't even making what the used to. I mean, my friend still makes an amazing living, but it's not what it used to be.
Also, on the occasion you need to take on mixing a song entirely out of your genre.. dear sweet jesus it is fucking annoying listening to the same 5 seconds over and over again.
Now, if you still think music is the place to be (which I hope you do cause every industry has shitty parts) the sooner you can get an internship, the better. Learn Logic/Pro Tools the best you can and start contacting places and offering your services for free. Let them know what you know so they don't get pissed at you for not hitting the spacebar at the right time. Diving right in and learning really is the most effective way. My few friends that have been able to get into the industry after college were all also working their asses off interning/doing sound/teching as much as possible throughout. Good luck!