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What is my best College option??

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What is my best College option??

I need help from anyone who is already in the business! I am trying to decide if I should get my bachelor's degree with a major in animation or if I should get a generic management bachelors and then go on to get a masters degree specializing in Animation. I will only be able to afford one or the other. Any advice you could give me I would appreciate. I have been told that the bachelor degree is the new high school diploma and I should get my masters to seperate me from the everyone else. I have also heard that if I have a masters before I get into the business, it might hurt me because I will have all this school and no experience. Therefore a company will be looking at how much they have to pay me vs. how much experience I have.
I don't know if this makes a difference but I do have video experience working with Avid Adrenaline and Photoshop. I am a military Videographer in the United States Air Force. Does that help me at all.
Please let me know what kind of steps I should be taking!!! Thank you