It's not the end of the world. If you need to, just get a part time job and go to school part time until you get your stuff together again.
Or you can tell your college that you'll take a semester off to make some money to pay for next semester and grab a full time temp job.
Everyone needs a small breather every now and then. No shame in taking a small break from school. Your parents should understand, if they don't then screw em.