Ringling in FL is an excellent school, and at 38k/year VERY expensive. You know its funny, I was reading about the main designers at Pentagram Design and most of them are self taught, or they "apprenticed" under someone else. Being self taught has some advantages IMO, for one you don't get pigeon-holed into creating the same crap that every other college grad is producing. (A fellow designer once told me story about train tracks, one painted black, and one orange with polkadots. They might look different, but theyre headed to the same place, they only go where theyre instructed and inside theyre still cold steel) Not to mention, as an art director, it shows me real dedication; that you were willing to be passionate, slave and sweat for your career/craft, and I know you'll do the same for me.
Now dont get me wrong, Im not saying "dont go to college," Im saying master the technical mechanics, listen to what profs want to pass tests, but TEACH yourself. I have 2 Bachelors (Soc and Psy) and a MS in Psy ... college is important, I know this from experience ... but the most important thing in design and art is passion and self-motivation.