I have to say, I don't think journalism is dead at all. Certainly, a particular type of journalism (if you can indeed call it that) has taken over and there's a big move over to click bait and churnalism and what have you. But I still think there is a place in the world for proper journalism, whether that be of the investigative type or long-read features and even straight reportage, depending on the story.
Now, there may not be a lot of money in that but in my previous profession (sales) - I'm actually a slightly older student, at nearly 30 - I was making a load of money, but I wasn't happy. Writing makes me happy. I own my home, so I'm in the fortunate position where, although not rich, I can afford to earn less whilst doing something I actually enjoy.