Why would you believe that? I don't have any specific knowledge, but I also see no reason to believe that you're better equipped (physiologically) at 25 to handle alcohol than you are at 15.
European teens do drive - but it's not fashionable.
USA teens _have_ to drive. The party is spread out (multiple locations in suburbia) and the vehicle is the symbol of empowerment.
Obviously, mixing heavy or inexperienced drinking with driving is a recipe for death.
http://www.freakonomics.com/2011/12/28/the-perils-of-drunk-w...
In short, it affects spatial working memory, verbal encoding and ability to inhibit ourselves. These effects don't seem that nefarious, and not so prominent in affecting our lives in a significant way; but don't take my word because I'm no neuro scientist.
On the other hand, on personal experience I've seen greater social issues with people that are heavy drinkers in their post adolescence period.
There is another angle to this though - is it better to engage in binge drinking right in the middle of adolescence, when the body and mind is at a rapid pace of development, or in your twenties, when you are physically better equipped to deal with the effects of excessive alcohol consumption?
I am not a medical professional, but instinctively, the second option seems to me to be the safer one.