That's not true at all. The ones who end up working $7/hour jobs are the ones that dropped out freshman year. I don't think there is anything wrong with partying too hard in college if you can get by academically. The key is to tone things down after graduating. As for grades, they may get you in somewhere, but after that you need to perform your job. For the record, I did party plenty hard in college. I had a great time, and met lots of great people. My grades were not very good, but I'm definitely not earning $7/hour now and am quite comfortable. The key was realizing that the four (in my case five) years were over and to get on with things. Not everybody can handle the path I took, but there are plenty of people that can. Not getting the best grades does not doom you. Eventually you'll be judged by the merits of what you do outside of academia. Some people are just not a fit for academics but can excel outside it. Some people can excel at academics and usually stay in academics because that's all they know how to do. And there's nothing wrong with that.