How long before this camera is considered obsolete?

My son is a high school senior. Next year he wants to go to community college and live at home (at least that is reasonably affordable) instead of going away to school. He wants to take an expensive major however. Video production. We have been able to save about $5,000 towards his education. We are not wealthy people. The rest will have to come from loans and maybe a grant or scholarship. We are looking at some "entry level" pro cameras in the $1500-1800 range. That's about 1/3 of our savings for his education. Models include these: and My concern is he starts September 2013 so these products may not even be available by then or others will be available. We hope he graduates May 2015. He tells us when he graduates he will maybe find a freelance job or shoot local cable news, build up some experience, maybe after 2 years go for a B.A. at least part time. Is anything we buy him in 2013 (summer) going to be any use to him as a working professional in 2015 (summer)? So let's say you are a class of 2012 graduate with an AAS in video production. The camera you purchased in the summer of 2010 when you first started, do you still use it professionally? Can you make anything doing freelance news videos, PR videos or local account commercials with this equipment? We're going to do everything we can to help him. No doubt he will still be living at home in the summer of 2015. By then he's going to have a student loan to pay off. We have a 2005 Hyundai Accent that we are going to give him for college. I hope that thing still runs when it is 10 years old and he isn't making car payments on top of that. The thing has 120,000 miles on it but runs really well. I just fear when he graduates he's going to be in deep debt and have limited employment. I may be wrong. What do you think? Thanks.

Asked By: upwardly_mobile_home - 1/18/2013
Best Answer - Chosen by Asker
Hi "Upwardly Mobile... More
Answered By: Dennis C - 1/18/2013
Additional Answers (2)
The four camcorders you linked to... More
Answered By: L - 1/18/2013
having instructed video at the university, and mentored at a community college that operated a television station as part of the video studies, i can assure you need not buy a camcorder. Any legitimate school provides all the gear needed for instruction, most of it far more expensive than what you could afford. that... More
Answered By: lare - 1/19/2013
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