Masters in Real Estate Development. Overkill?

[Malcolm Kelly]

Hello to everyone hope all is well.

I am at an intersection in my life right now where very important decisions must be made but I am torn in which direction I should pursue. I'm 28 years old and on track to graduate in the spring of 2016 from undergraduate. I first attended college in 05 as an 18 year old and by 21 I was leaving school early to pursue childhood dreams. Turning those dreams into reality allowed me to save up a couple hundred thousand dollars of investable cash. I plan to invest in real estate with renovations of distressed properties to either flip or rent,  and straight up buy and holds preferably multi family. 

Having started my own small company before I know nothing beats hand on experience but would a graduate degree in real estate development give me the upper hand in furthering my real estate plans. I mainly want the graduate degree so that I would understand the process top to bottom but is it overkill? The luxury I have is that my former employer has a program that awards full scholarships of 20k per year to ex employees to pursue graduate degrees in any field of choice. My goal is to eventually have 250+ doors of passive income and steadily do small fix and flips along the way with the emphasis being on buy and hold.  

Thanks for any feedback.