I thought I could stomach it for the first year, it got worse the second year, and finally in the third I was mentally suffering so bad I couldn't do it anymore. The combination of guilt and stress was not good.
With that said, with no degree/experience, you absolutely have to build up a solid portfolio, fast. A semi competent front-end dev can get his/her foot in the door slicing sites, aim lower to build up experience. Do it for a year, but spend nights/weekends working on projects for your next job (a year or two down the line). Then try to ease school back in with evening classes.
I'd recommend that you don't tell potential employers you're taking a break from college. Try to highlight that money is becoming an issue, and you need full-time work, but are taking classes part-time (register for a class or two per semester).
There is a crowd of devs that don't have a degree, or don't have a CS degree, and are doing ok, but I generally find this breed to have a good deal of grit. It'll definitely be stressful in your first few years.