Backpacking Vs Moving Abroad

For context, I've always wanted to solo backpack in Europe. I'm now 25 and I still haven't done that yet. Although I've traveled a decent amount.

I'm having trouble getting a good job and applied to a masters program in the Netherlands. I want to go but it may just lead me into a full-time job afterwards. I would like to live abroad at some point as well.

What should I focus on now? Backpacking or masters degree?