If the job requires it, they'll probably check. If the job doesn't require it but the hiring manager has a bias towards college graduates (hint: they all do) then it works.
I'm a software developer and only my first job ever cared for my degree. My current employer actually never saw my degree/diploma or anything. I just said I had it.
Now, if you'd work at a bank/in finance or have a degree in a more regulated industry, they'll probably check.
I put my university, the years I attended, and my major and minor focus of study.
It's not a lie, and if pressed, I always tell the truth. It's become a non issue as my professional experience has mounted and now my resume and references speak for itself.
But, unless I'm asked directly...
Nobody needs to know I dropped out first semester of my senior year due to a crippling drug addiction. Or as I phrase it, a period in my life where I needed to tend to a family medical emergency.