There is huge difference between failing out of college and dropping out. Failing is when you cant maintain a good GPA to graduate, and dropping out is because you just wanted to leave.

I find sad too see so many misinformed people with the supportive mentally of "I shouldnt gone in the first place", there are thousands jobs you can apply for with a business degree per say, I am sure that your college had some career showcase day where you go and talk to HRs or learn about a company that you didn't think exist... what is important is the piece of scrap paper with your name on it and the school that you went to. It is a filter to a lot of jobs out there.

This sounds a bit rough to many of you but if you can, go to college and graduate with something can be anything, go to your showcase grab a 50k/year starting job and pay off your loans in 2-3 years.

Source; I have been there, late twenties now, I went to back to school when I was 24, depressed, didn't know what to do with my life, no meaningful friends.