Similarly, your college grades and the name of the college only matters to your first employer. After that, future employers don't care what your college GPA was. They want to know what you've accomplished professionally.
This is not to say you can just slack your way through school. What it does mean, though, is that you shouldn't obsess about your GPA. Channel that academic energy into some actual achievements - not into ultimately meaningless points. In the end, accomplishments are worth much more than grades.