This is a good topic - my oldest boy (20 yo) is about to start his last semester of jr. college (should get AA degree by summer). He got a scholarship, works part-time (has since he was 16), pays his car pmt and insurance, etc. But he is still waffling about what he wants to do and is talking about "taking a year off after he gets his AA" to just work and make money. The retail store he works at just offered him a mgmnt position. So, I am struggling how to advise him here. We told him if he works full time, he will pay rent and need to be out by 22.
I agree with Sigarms on just about everything he said. I believe the main thing to get ahead in life is a strong work ethic and personal responsibility. College does nothing for you if those traits don't already exist.
I am a college drop out myself, but have a successful career. I went to jr. college instead of my sr. year of HS - working full time flipping burgers. Had every intention of going to college (engineering) and was actually a candidate for the Navy Academy. But when I turned 18, the burger joint offered me a asst. management position. I started making good money (in my mind) and bought a house. There went college. By 19 I was a store manager - which in those days was unheard of at my age. So I am thinking at this rate I will be a corp exec by the time I'm 30

Of course, then the real world hit - job was rough, advancement slowed, got married and had kids by 23. Jumped to different companies to try to get some upward mobility - finally realized that although I could run a business very well - I was not cut out for upper management in big corporations. Went in debt on a computer, learned it inside and out and after 100 job applications finally got an IT job. Ten years later I am an independent consultant making good money.
The problem is my kids know this story - so always get "well you did it". I cannot convey to them how hard the wife and I struggled early on and the sacrifices we made. And, of course, I see my oldest about to follow the same path - except he has no where near the drive and tenacity I had. So it is about to get interesting....
The thing I can't get - is why many of these young people don't WANT to strike out on their own. I had a great home growing up and no pressure form my folks to leave - but I wanted to be my own man. Striking out so early and struggling was tough - but the thought of bailing and going home was never acceptable to me - even though it was always an option.