I can't stress enough how important college is. People who can drop out of college and still do extremely well are very rare: When you look at Bill Gates and Mark Zuckerburg (sp?), they had to drop out because their startups' success was a once-in-a-lifetime event. They also had family money to fall back on if their startups failed and they needed to go back to school.

Many of the techies who I've met who dropped out of school had career struggles afterwards: I can't stress just how important it is to do college while you are college age. You can delay it 1-2 years if you like, (and it will really be nice to have spending money when you're in college,) but going to college when you're significantly older than everyone else will really suck.

College isn't just about the book education. That's the easiest part. It's also about the social experience; but it's much harder to apply for jobs without the degree.