Disagree completely. I only have about 50 college credits and have no plans to finish. I've also lived pretty much all over the United States and there really isn't much of a stigma... certainly not from my friends and family.

Large companies and universities might have to make special arrangements for you to be on the right "career track", but that's about it (and they will do that, I have personal experience with a University inventing a new position for me).