Do colleges even care about that? Well, if you weren't a serial killer or someone like that, then I believe it won't be problematic for you. Anyway, you can easily start making music even without a music production degree. My friend is a self-taught musician, he produces house music, and he uses many services that help him promote music and make money from his work, so you should try it as well.
Names of colleges that accept felons? How to get a music production degree with a felony criminal record
All colleges that I know of accept ex felons. Pell grants, Federal student aid, bars those who have drug selling convictions from getting student aid, but otherwise ex felons can also get Pell grants.