A misunderstanding of the “turn on, tune in, drop out” motto popularized by Timothy Leary in 1966 likely blinded most of us to the extent to which the hippie movement was rooted in college campuses. That is, the “drop out” part was assumed to mean quitting one’s studies, even though Leary later insisted he meant it as a discovery of one’s unique nature and self-reliance, a mission that should have been central to the college experience itself.
Revisiting the era as it blossomed in the late ’60s and early ’70s, I see how much of its energy came from college students and the circles they supported – musicians, artisans and craftspeople, small-scale entrepreneurs of all stripes, social activists, dealers. Not just students, either, but hip young faculty and their families – all overlapping.
Essentially, it meant dropping a lot of old assumptions and embracing new experiences and values.
The reality, then, is that relatively few hippies dropped out of college, at least over the long haul. Talk all you want about Gypsies or vagabonds, few hippies stayed out on the road for long. Most remained grounded right in the center of the action.
Jnana's Red Barn 
I suspect this is the first honest definition of ‘dropping out’ that I’ve ever read. F… the media. Thank you.
Yes, it’s interesting how some of these things get twisted around. “Global warming” instead of the broader “climatic instability,” for instance. Or the Al Gore “I invented the Internet,” rather than being (correctly) the first official in Congress to recognize its existence and potential.