When your brother says he likes to code, what does he mean by that? Does he like grokking out web apps, does he find hacking away on a bash terminal far more interesting, or does he enjoy implementing algorithms in a variety of languages?
If he likes grokking web apps, and foresees himself not deviating too far from this career path, then lots of proven coding experience + open source commits might work out for him better than going to college.
That being said, as someone with recent CS Uni experience in the States, I found my time there quite helpful from a knowledge perspective. From a pure CS/coding perspective, CS curriculum introduced me to lots of different computing fields and concepts, as well as provided a mentor/teacher to explain them I might not have found in the "real world", beyond basic data structures and algorithms. Exposure to some of the upper level math also helped hone problem solving skills. Ultimately, I think it ended up working for me, I left with a pretty wide range of knowledge--practical and theoretical--and decent problem solving skills I can apply to most problems.
I don't know anything about UT's program, but I will say if your brother wants to get into lower level coding, a decent CS degree will go a long way to giving him the basic theory & knowledge to jump into the field.