I don't even understand why the o.p. was trying to sell the site in the first place. It's his main source of income. Why would you want to give up your main source of income? The site is is making way more money in a year than some random person is offering for it. Why is this even up for debate? College is probably a waste of time anyway, but if you want to, go ahead and knock yourself out. But keep your main source of income! Surely you can work on the site and matriculate for classes, right?

lol sell it..

The contract will be worthless if things go wrong. And looking at the world today I think there is a good chance of things going wrong.

if you do want to sell for that. hit me up. icq 166708909

Exactly... Just hire someone to run the shit for you...

Random thought here... is there some sort of domain escrow service that will (subject to terms of a contract) host DNS for a specific period of time? That way if the buyer stuffs the seller around they retain control of the domain... and if the seller stuffs the buyer and doesn't keep up with agreed responsibilities then the buyer takes control... or something. :D Basically an independent third party that holds the key (the zone file) to the site.

I believe Moniker.com provides a long term escrow service.