Alyssa, if you are coming direct out of college and you are looking to get in on the ground floor then you will be OK because the more you learn the more valuable you become. If you have been doing SEO for a sustained period of time with a specific company and have built up a body of work and a solid skill set/knowledge base and you are contemplating becoming an SEO consultant, good luck and make sure you have something to fall back on during the lean times.
If neither of these scenarios describe you and you are just thinking of a career change and wondering if SEO is a good choice, do your research and talk to some serious SEO consultants before taking the plunge. Just like everyone who decided to become an independent web designer 10 years ago when many IT companies were adding web design services to their offerings, you will be competing against every web design firm, PR firm and marketing firm that has added SEO services as an offering. As it is just another revenue stream for these big firms, you will be underbid by companies that have more resources than you and will probably be able to handle more clients than you.
Good luck and research everything before taking the plunge.
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