The only thing that matters is the "Person" and nothing else...
If you are capable of showing what you can do and not what a paper sheet(Degree) describes..
Attending college is a sure fast track journey to learn the fundamentals..If you are a self taught person then you have to struggle for each and every aspect of learning but you know the worth of it later.
If you prefer to study online then you don't get a chance to interact face-to- face with other like minded people but yeah you can talk on the internet..
Hope this helps