GO TO SCHOOL, GO TO SCHOOL, GO TO SCHOOL. In the long run you'll make many times more money with a college degree than you'll ever make as a skilled craftsman. In my industry (Aerospace), an engineer right out of school will start at $20 - $30 per hour, and go up from there.
Having some practical experience in addition to an engineering degree will make you a much better engineer. Society and the job market is changing, and the days of being able to make a good living without some sort of secondary education are fast disappearing.
Don't count on working full time and going to a four year school. It's possible, but you'll likely burn out long before you finish. I supported myself all the way through college going to school full time and working part time, along with some financial need based scholarships, and managed to finish a four year engineering degree with no debt (and no help from anyone else).
Why are you going to such an expensive school? You don't say where you're located, but there are state schools and community colleges that won't cost anywhere near $20k/year. I've put a couple kids through college, and I certainly didn't spend that kind of money.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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