This is a pretty good topic. As someone that's currently in university right now and Was doing college courses around 2020, I would say I was actually more okay during the launch of playstation 5 while I was still in school because even though it had limited games, I also had limited time....
But ultimately the amount of years it takes to complete school generally would be a console cycle or the majority of one anyway (like a chunk)
Ultimately, I don't think it matters that much anyway. Because time is much more limited
Could be.
As someone who is 35, put off college for years, has a career in IT, had a career in Real Estate as a listing agent (now as a investor), I feel I put off a lot of things to try a lot of things, so going back to school with more purpose as a concept artist, illustrator etc I feel the years I put it off, I really enjoyed those day 1 releases, but the reality is, they games will still exist, you can play them used or buy them on sale at a later time and sometimes your focus should be on the bigger picture.
So if OP is worried about missing out on all the day 1 fun, consider all the day 1 titles they can buy when they have a degree that opens doors for them to make more money.
Don't worry OP, focus on the studies and pick 3 games a year to enjoy. Not everything needs to be day 1.