I have been playing with this idea a whole lot lately, so I will share my point of view. I have falling in love with the Gypsy breed as well, and recently looking into buying my first Gypsy. With shopping around I have asked a ton of questions. I have found if you want to breed you really have to breed for the type of horse, not just the money. I have seen and talked to pretty successful breeding barns and they are successful because they love the horse breed and wouldn't want to work with anything else.
I myself am also starting college soon, and really have taken some time off to research and to experience the horse world. I wanted to research before I spent money at school for something that wasn't going to be helpful. I myself have found an Animal Science Business degree is the thing for me. It gives me that barn management degree I want, but doesn't limit me to just equine. With this economy I want to follow my dreams, but also be smart about what I put my money and time into. With the college I will be going to the ASB degree breaks off into specialties and breeding is one of those.
I hope that helped. I know I have changed my mind about a billion times during and after I high school, so I do know a bit about how looking into colleges can be. If you need advice or more info just let me know :)