You people are very naive about the design industry.
If you all clearly feel you're in the wrong industry, join the thousands of underpaid and jobless designers with outstanding capabilities but no decent contacts or recognition. You'll soon find yourself stressed and working a boring daytime retail job and 'working' freelance on every job you can find even when people are asking you to do it for free, you'll be stuffed then.
edit: J.B - I really like that logo, it's clever mixing the whitespace against the colours. You do know unis are rolling it in because they are primarily businesses, therefore want to attract as many people as possible, tuition fees lol, giving away free money?