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TM875- That's simply not true. That just goes to further the idea that college is required. I've lived quite successfully through to 27 without college in the IT industry making from $36,000/year (low) to $58,000/year (high). Saying NOBODY will hire you is like saying NOBODY will just jump off a building and crash to their deaths. It may not be a LOT of people, but some people still will.
Elian- Go to college man. Despite what I said above, the losing out on experiences and such can be a bummer in the long run. I'm just applying to school again, mostly because I want to go into research where you are more likely to need a degree. School can be a great thing if you let it. Take your studies seriously enough to get by and figure out what you want to do, but not so seriously that you can't live it up and enjoy life.
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