Most jobs largely consist of being forced to do some assignment that you feel isn't worth your time. - you're not going to be escaping that by dropping out.

I can't speak for all people or all jobs, but in my experience, there's a certain dignity and autonomy in paid work that I never got out of school. After quitting University, I worked in a supermarket for nineteen months. Sure, it was low-paying, low-status, and largely boring, but I was much happier at the store, and I think a big reason for this was that I had a function other than simply to obey. At University, I had spent a lot of time worrying that I wasn't following the professor's instructions exactly to the letter, and being terrified that this made me a bad person. Whereas at the store, it didn't matter so much if I incidentally broke a dozen company rules in the course of doing my job, because what mattered was that the books were balanced and the customers were happy. It's not so bad, nominally having a boss, as long as there's some optimization criterion other than garnering the boss's approval: you can tell if you couldn't solve a customer's problem, or if the safe is fifty dollars short, or if the latte you made is too foamy. And when the time comes, you can clock out, and walk to the library, with no one to tell you what to study. Kind of idyllic, really.

I suspect the REAL value of a college degree, aside from the basic intelligence indication, is that it says you can handle 4 years doing largely unpleasant work.

Letting your future employer know you're willing to do all the unpleasant stuff you feel isn't worth your time.

If you did it for a piece of paper, then surely you'll do it for a paycheck... right?