Assuming that you are mostly loading handgun ammo, the LoadMaster would be perfect for your situation as a college student. (If rifle only, Classic Cast Turret better option).
The Perfect Powder Measure? Its comes with a Pro Auto-Disk Powder Measure - significantly different, but just as picky possibly as the the Perfect Measure. I hate to say it, but the measure isn't the biggest issue - there's a whole lotta other things people have problems with; case feeder, primer feeder, bullet feeder, indexing issues, etc.
But that doesn't mean its a bad press. The more expensive presses have issues too, just fewer simultaneously, or they don't have the issue because they don't have the feature like bullet feeder, or most didn't buy a case collator so they can't complain about it.
Every single issue you will have with the LM (and you WILL have a few) can be resolved, if you hang around the right group. They will point you to various online video clips, F.A.Q's and certain threads that have dealt with those problems. I love my LoadMaster, got it nearly 15 years ago when it was first introduced, as a starving student wasting his minimal discretionary income on firearms, and its about the only machine I own today that still works. While I can now afford a LnL AP, or even a 1050super, I find no reason to obsoletize my LM, now that I've upgraded all the components and worked out ALL the many kinks in the system. And while I expect to run into major problems every 3-5,000 rounds, I know I can get past it, and its a small price to pay for such low a capital outlay into creating a loaded round with each pull of the handle, and without manually touching any bullets, primers, or cases for at least a hundred rounds at a time. If I bought any other progressive I would be stressing about, " Okay . . . nice machine, but how many rounds do I have to crank out before it pays for itself?" Get the optional case collator (its only $11, compared to $265 for Dillon or Hornady), get a medium sized tumbler, scale (Lee is fine, hokey to use, but most sensitive beam scale available), calipers, and a Hornady Cam-Lock bullet puller, and a Lee Factory Carbide Crimp Die if you are loading pistol or small-med rifle (as opposed to revolver) rounds.
Good Luck.
GlockTalk Reloading Forum
http://glocktalk.com/forumdisplay.php?s=&forumid=26
PS
Forget about using the LM as a sequential turrent press. While technically you can, that's like saying you'll be driving your high-powered sportscar real slow for a few years until you get the hang of it. Not realistic. People might use a turrent press as a single stage, but nobody uses a progressive as a turrent. It just won't make sense.