History is filled with thousands of examples of entrepreneurs who changed the world without any formal education. In recent years, most of us knew about Steve Jobs' exit from the Ivy League to pursue his dreams. But I am not about to rest on one side of the debate or the other.
The fact is that a formal education will bring you up-to-speed on the latest develops, and history, of your chosen field. In addition, your dedication to post-secondary education will help you to create business networks that it will take decades to re-create without the college / university environment.