Drop out of college and spend my fund, or stay?

[Payson Scott]

Hello to anyone reading, 

I’m currently a freshman in college and here is my situation. I’m one semester in, and plan on finishing out the year.

I have a college fund which contains roughly $60,000 (after this first year, could be more depending on living at home or dorming). Additionally, I have around 16,500 in my bank account/stock market. For work I have an internship making $18 an hour. 

I have thoughts about dropping out of college and throwing all of my college fund money at real estate, but I also feel that if I stay at my company and use my degree I could be making good money (Information Systems degree) and save for a property, then overtime make the transition over to real estate. I always go back and forth, but I always wonder what would happen if I dropped out and threw all of my money (roughly $75,000 worst case scenario if I dropped out at the end of this year) at real estate. 

If anyone has any thoughts of what they think, I would love to hear. 

[Joe S.]

You don’t have to drop out of college to buy real estate.