Certainly. Only, college is not an opportunity that comes knocking many times, so I would not have students casually discard it on a pop-fad of "dropout = success". Much better that they should have concrete personal conviction on the matter.
The kyey point in that blog post is in the final two sentences: "Dropping out isn’t an accomplishment, any more than money is a sign of achievement. Sometimes, but not always, it’s simply a symptom of success."
Dropping out of college doesn't mean that your startup will be successful, just as having an MBA doesn't guarantee success in business.