Jakubick, a 6'5 guard, attended Madison High School, then signed with the nearby University of Akron. At Akron from 1980–84, Jakubick became one of the top scorers in the nation. He scored 2,583 points in his four-year career, and led the nation in scoring in his senior year, averaging 30.1 points per game. Jakubick was named the Ohio Valley Conference Player of the Year twice, in 1983 and 1984, and was an honorable mention All-American both years. He graduated as Akron's all-time leading scorer, a status he still holds, and left Akron holding most school scoring records.