You might not fail out of a lot of big name schools that like to keep their graduation rate high, but you'll come out with a boatload of C's. You may have a degree, but that's not a great outcome, and why go to school for four years if you aren't learning effectively? I know that people say that it's a networking opportunity, but most of my friends that got good jobs they were happy with out of college were the ones that worked hard. The ones who just floated by continued to float by.