I don't want to sound like I'm playing the Dad Card... which means, of course, I'll sound like it anyway.

In the phrase
Music Business, the second word is
business. Your chances at success in business are increased greatly when you have a solid education.
These days, a four-year college degree is treated like a high school diploma.

Is this your first audition? I've had a TON of auditions and have won quite a few. More went bad than good; some turned me down, others I had turned down. An audition is one thing... a contract (money) to play is another.
I guess it depends on how you approach your drummimg.
If you are playing for fun, then definitely stay in school and get your education.
However, if you're a serious drummer, then definitely stay in school and get your education.
You'll need it!