Free Knowledge

Ever since I dropped out and started thinking about the internet more and more. Could it be possible given today's enviroment for someone to educate themselves to the point of making decent  money using strictly the internet. 

College is way overpriced and for the most part the teachers are shitty and only concerned with grades and peer reviews. Worse you realy only get one or two tries I dont know of to many people who could afford to try more.

What kind of resources would one use to educate oneself on the web.

How would you convince possible employers that you could use this knowledge. From my own experience most people tend to stick to the guidelines instead of an individual basis. Not having that little piece of paper can hurt quite a lot.

Why You dont Need to Go to College