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Get this: http://hollywoodcamerawork.us
Don't just watch it. Do the material as exercises. Download scripts from various movies. Practice blocking, shooting and editing dialogue based scenes.
There is other material from other sources which covers lighting but if you can master the HCW material for real, you'll be ten times the DP of most of the people on this board.
Of course, the best thing about going to UCLA, USC, NYC is the bump in factor. You will have more opportunities to bump into film people who can give you that first break. Plus as your fellow students move up you have an in with them. The down side of any film school is the cost.
Since you are in Memphis I would find a way to bump into Craig Brewer, the director of Hustle & Flow. I'm not saying that will be easy, but persistence will pay off as much as film school. If you can get a job carrying his coffee and get on the set of his films, you'll be way ahead of a film school grad in four year (and less in debt).
I'm not down on film school (I am a film school grad) but I question the cost these days. Film school used to be the main place to get your hands on equipment and training. But because of FCP, cameras like the DVX, and training DVDs and the Internet (sites like this) there are young people making films who really have little need of going to film school.
"I didn't go to film school, I went to films." Tarantino
So go study films and do your best to meet Craig Brewer.
Learning by doing is the best. Remember success is a poor teacher. Learn from your mistakes. And I'm serious about your finding a way to meet the director of "Hustle & Flow." I heard an NPR with him and he talked about loving how down to earth it is in Memphis.
As you meet him and other production people just be upfront and tell them you don't know much but you're willing to learn. That will open doors.
I met with an 8th grader recenlty who showed me a doc he did on Buddy Holly. I was impressed. Age isn't a factor in you getting work. Even if someone is just in high school you can sweep floors at a studio like Bon Jovi did starting out.
You're in blues music and Elvis country. Soak it in and come up with something fresh.
I do have a blog titled "Everything I learned in film school..." that you may find helpful.