Wow! Where to start! I'm in graphic design...and I feel guilty now because I'm unhappy at work. Anyways, you need to do what will make you happy. If it's something you're passionate about, then go for it. Tell you're man...it is an investment. If you're good at it, you can find a job at a good, established company and you CAN make very good money. Do you have someone that you could maybe buy an older version of the program from-although that may not work...Adobe is pretty strict with that...updates wouldn't work-so scratch that idea. Is it something you truly can't afford or your man doesn't want to afford? Not everyone will require a portfolio...depends on the company. But most will.
Have you looked into any particular companies and what they require yet? I work for an independent beverage bottler and I did not have to have a portfolio. Partly because it was not my original starting position (been there 10yrs) and the fact that it is a trademark...so I do not have to create a whole lot from scratch. I pretty much follow their guidelines and standards and make point-of-sale out of it. But I was kinda grandfathered (as they call it) into the position I'm in. I've never been to school or taken any type of classes on it and I make decent money. The most education I got was the Illustrator tutorial. Alot of our outdoor signage is outsourced through other companies...I create, they produce. I have to collaborate with their graphic artists at times...so there are graphic artists on both ends. Have you ever considered starting out on the producing side? Given your mentioned skills and degree, I think you would advance quickly into the graphic design/artist side.
Sorry, I do not have a way with words and I tend to ramble on.
You are degreed in this. Use it to you're advantage. I wish I were degreed. It would give me far more options when searching for a different company to work for. As I already mentioned, I'm unhappy with where I work...but not what I do. That degree would give me so many more options. I wouldn't want to compete with you for a job...lol...you got the degree.
Have you tried to see if a local community college would let you use their equipment/software to put together a portfolio? -even if for a small fee-
As far as the starting from home idea...try it. Start out small. I don't really have advice on that because I've never tried. I don't have Illustrator or Photoshop on my personal computer. Either way...portfolio or work from home...you would need Illustrator and Photoshop to do it.
If nothing I have said helps...what I can do is give you encouragement. Tell your man he needs to support you on it because it is what you truly want to do. He wants you to be happy...RIGHT? Girl-you better go get that job! Set your mind to it and do it. Scrape up the money to get what's needed to update your portfolio...and do it! So what if you have to start out at the bottom. Alot of people do...then they end up running the company.
Good luck - though I don't think you need the luck! You got the skill to do it, now just set your mind to it.
Sorry, I'm not so good at typing the long messages. I feel like I'm talking to myself. If you want to talk more about it sometime or need any help or support...message me...yahoo ID is zenkitty27