Hi Tamyra, That is a good question. I do agree with Mr. Luna on the basic premise of his post. The golden years of the music industry are mostly gone, true, though from my perspective the cause was/is the non-self-sustaining nature of the business. However that is besides the point. I still believe you can make a living at whatever it is you really want to do, assuming you have the winning combination of work skills, people skills, and luck.
To address your question, I recommend getting an education in music. The best producers are musicians, period. If you don't already play an instrument, now is the time. I'm guessing you do though, since you mentioned your love for music. For my career and life, getting a degree at a four year university was absolutely what I needed. You can go whatever route suits you best - perform on your instrument, record music, administer music therapy, become an arts administrator, teach music, etc. Any of these majors will give you a solid background and the skills you need to take whatever career path feels right.
That four year education can help with everything from advanced job skills to interpersonal skills. I didn't love the English, math and science classes, but the electives I took gave me a much broader understanding of the world. On the flip side there are plenty of shorter-term programs out there (trade schools) that will teach you the basic skills you need. In the case of producing, you'd be going to a school to learn audio engineering. I've worked with many engineers who went that route and find they lack a well-rounded education. At minimum they come out not knowing musical terms which hampers their ability to communicate with musicians. You need to be able to speak their language if you want their respect.
Along the lines of communication are interpersonal skills. This should be your biggest focus as a producer. You simply have to be good with people. The more social you are the better! If you don't want to major in music, consider psychology. I can't tell you how many recording sessions I've watched fall apart because the producer didn't know either how to listen and interpret what the band was saying or how to speak to the band members so that s/he was clearly understood. It seems basic, but these skills are extremely important.
If you've got a solid music education, excellent people skills, and tenacity, the rest will fall into place. As Mr. Luna alluded to, it can't hurt to learn the technical side of things too so you can speak to the engineer in terms s/he will understand. Just as with musicians, developing a good relationship with engineers will only help you. Please let me know if you have any questions. In the meantime I wish you good luck! Cheers, -Charlie