Is college or technical school the best educational path for InfoSec and IT?

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Pursue certifications that are consistent with your career path. Make sure you're working in a field that those certs apply to otherwise you're going to lose that knowledge.

Alright, I've just gone through this myself, so here's my insight. First, as PO1 Miller said, certifications are critical in this field. You need certs, though some certs you can only get after so much time spent in the field. Second, be mindful of what you actually want to do and find a degree program that matches, because degrees do matter here. If you want to be standard IT, any simple IT Associate's Degree will do. If you want to specialize, find a 4 year degree program that matches what you want to get into. For example, if you want to get into InfoSec, look into an Information Assurance program. That will give you all kinds of management functions on top of IT administration. Third, pick up programming. I don't care what language it is, just get used to it. You will have scripts you need to at least modify, and probably create. Coding is a vital function these days. Fourth, databases. Start learning them, start creating them, start using them. Start making scripts to input data from files into a database.

When I read technical school, I am thinking "Associates Degree" and there is still GENEDs to worry about. For what its worth, I have a Master's in IT and am a software developer and I was able to breeze through a lot of my Master's program based on what I learned OJT. That being said, there is a lot of good foundational stuff that you learn in school.

The thing with certificates in my experience is that they don't necessarily cover fundamentals and focus more so on the current technologies or trends. Security+ was a mix of that with some general security practices plus some fundamentals.

I would try to get some sort of degree. I think there are CS Associate's and there may even be Cyber or network security Associate's. That, or you may want to look at undergraduate certificates. Those don't have GENED requirements.