You've got nothing to lose by trying to make it work, if that's what you really want to do.
Yes, college is about meeting people, and will probably be some of the greatest years of your life, but a girlfriend doesn't preclude you from doing anything except sleeping with other women. And, while that can be important in determining what it is you 'really want', it's not nearly as critical as many other things.
I had a long distance relationship in college as well (now married to her), and it was great. While other guys always had their girls nagging on them about not spending enough time with them (and its' rampant), I could do whatever I wanted, whenever I wanted, with whomever I wanted as long as I didn't cross the prescribed "lines".