Being a Naval officer is a fine career if that is what you want to do. It is a piss poor substitute for something else you would rather do if you can do it.
and from above:
"With regards to your degree, once you are in the Navy (or any other branch), the possibility of going to OCS or Warrant (Army/Marine) exists. The pay is or will equitable to your education with a commission. If not then the degree will help you advance faster as an NCO."
It is not necessary to enlist in the Navy and then go to OCS to become an officer, although you certainly can. Officers get paid quite a bit more than enlisted, so if you have any issues regarding supporting a household it only makes sense to go in as an officer.
An E-1 in the first year will earn $1467 per month. The highest paid enlisted (under 30 years time in) is paid $6215 per month. Slightly higher for years over 30, but you won't get that in if you are over 30 now.
An O-1 in the first year will earn $2783 per month. An O-6, which is a Captain in the Navy or a Colones in the groudn forces,(under 30 years time in) is paid $10188 per month. I stopped at Captain because there is no guarantee at ever being an Admiral, which is the next step. There's no guarantee of being a Captain either, but the next step down earns over $8k per month after year 20, and that's not so bad.
An O-4 over 10 years makes more than an E-9 over 26 years.
That's math you should be able to do in your head, being as it means money you put in your pocket. Not only that, but the benefits are very good.
But if you are doing it because you don'tknow what else to do, then go get your MBA and strike for a good job on the coast. It will probably be more to your liking.
good luck.