Is too much freedom a good thing or a bad thing?

While I was writing a comment to reply to another post I came to this realization. Most of us stop caring about school and complain we have no freedom and cant wait for the day to end so we can be free. We also cant wait for June so we can graduate and really be free. Why are we in such a rush to be free and go into the real world? Some of us already may have a taste of the real world by having jobs and making our own money or by getting our licenses and getting our first cars to go where ever we want whenever we want. After high school most of us are going to colleges where we could be living in dorms. In those dorms we wont have our parents constantly telling us what to do. I can't really compare college life to high school life since I'm not in college yet, none of us are. I'm not going into a college with dorms so its different for me but for those of you who are in going to be in dorms you'll have so much freedom you might not know what do with it. Do you think all that freedom is going to good or bad? How do you think we'd react with all that freedom and how much pressure would that put on us? What really is freedom and what do we consider freedom to be?