I dropped out of college after about 2 months as I wasn't learning anything I wanted to learn
I had been programming in Assembly for a few years, but when I went to college I couldn't take a programming class, I was forced to take Basic Computers and Intro to Computers (this is a mouse, it has two buttons. Here's the layout of a keyboard, studdy it for 3 weeks). So I left
I think if I did go back to school I might got back for a bit of marketing courses or really just use it as a marking tool itself
Getting a degree and certifications (to me) isn't worth the time, as I'm self employed and just because I have a degree it's not giving me a raise. If you're working for someone else, USUALLY this will help you get more money etc - but it depends on the company.
For us, if you can prove you can do it, that's better than a piece of paper any day. I personally don't care if someone spent 3 years learning how to program, what matters to me is the finished product. In that regard, I don't find school to be all that useful (to me).
We do have two of our employees going to school currently though, and I've worked with them around their school schedule. I do appreciate an education, it just wasn't the path for me.