I don't think I'm alone here in wondering what an average week is like for someone who has "conquered partying." I'm picturing you descending the stairs at the frat every night with a robe and scepter as people chant your name. I'm pretty sure you can't be that guy and still be good at school and running.
Drinking a lot takes more time and energy than you think it's going to. You feel crappy on your Sunday runs, you're nursing hangovers at 11:00 when you could be in the library at 8:00, and you waste a lot of time talking to other guys about whether last night was the most epic party ever. I wish I could do college over again and drink less. At the time I didn't see how much it was affecting schoolwork and running. There are some gifted people that can drink way too much and still be the best runner on the team and the best student in their department. But even those people would be a lot better if they reined in the drinking.
On the other hand, if you're talking about four beers, three nights a week, no problem!