If you're gonna expend some thousands of bucks annualy for four years to get a musical degree , I think you should "at least" have one job WAITING for you that's gonna cover every penny you spent in college in a reasonable period.

You should also put in mind that a degree from Berkley ain't gonna make you the most famous rock-super-star on the planet ... As a matter of fact , most of the most famous super-stars don't know crap about music theory.