I you wan horse for a career, you better start planning on showing, breeding, boarding, giving lessons, and really get into it. I have a friend who made a business ou of turning horses. She would buy a cheap horse, train it up, and sell it for more. She also shows of course, and gives lessons. There is no way to make money breeding, but there is a way to breed and make money from everything else.
I would show the gelding you have now, and save your own money to buy a little place after college. A horse facility isn't going to live out of a dorm room, and you will need your own place if you want to breed succesfully.
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