Just stay away from a college that supposedly teaches you to be an engineer/producer. Aman may be able to comment more on his school in NY which may be different from my experience. (I think he's in for the same basic purpose)
I went to University of Miami's well known Music Engineering school. Got a full ride scholarship based on piano performance and SAT scores. The major was basically Audio Engineering combined with a heavy minor in music. For scholarship purposes I had to participate in "ensembles" which for a piano student meant accompanying instrumentalists from the Music programs.
The course load per semester was 18 at a bare minimum, up to 22 or more depending on electives. The program was sold to me as THE best way to become a working engineer and possibly producer. The idea behind the program was that someone with both a technical background and music experience would be much appreciated in the recording environment.
So I was baited, then came the switch. Part of my course schedule was a hellacious 8 AM Friday forum that was worth ZERO credits. It still got "graded" by attendance and showed your dedication to the department. Each week in this large classroom environment they invited an industry expert to speak. More often than not they were graduates of the MUE program. Invariably each week they came in and gave us their stories of doing 6 months or so in a recording studio. They hated it, worked insane hours, dealt with horrible people, and still didn't make any money. Also invariably each one was there really representing a pro or consumer audio company. Sony, AKG, Pioneer, Tascam, and many more. The overwhelming opinion in this forum was "don't be a recording engineer, be an audio engineer".
So WHY THE HELL am I doing up to 22 credits by the time I work in music theory, lessons, and ensembles? If I'd been smart I would have dropped that major like the dead weight it was and joined my roommate in the major simply known as "Audio Engineering", which yielded the same career choices as the MUE's seemed to go to. Without the necessary instrument practice times he was way more free than I was.
The problem was I still REALLY wanted to be a recording engineer and prove all those people wrong who were really just whining about how hard and thankless a job it was. I saw myself working into a niche market much like a Steve Hoffman and really enjoying it. I quickly burned out though, got extremely depressed and had to drop out. My college experience never really recovered after that. I'll take blame for a most of it, I just wasn't motivated anymore.
Soo, umm, yeah. Now that I've scared you (or not, maybe you think I'm just a lazy idiot, and you're partly right), I hope you can find something involving music that will make you really happy. For me I'm glad to keep it as my #1 hobby, so I'll never again be disillusioned by the behind the scenes BS that goes on.