Early commitments in college football are non-binding and always have to be taken with a grain of salt. 16-18 year old boys can and will change their minds all the time. While I have no data at my hand, my impression is that most kids who commit early stay with that commitment. But others, such as Missouri's Blaine Gabbert, who originally signed with Nebraska but later switched to Mizzou, illustrate that commitments can be broken.
That already is happening in other sports (Jeremy Tyler in basketball and Bryce Harper in baseball), although those are examples of kids opting out of high school to get ready for the pros. Here we are talking about a kid getting ready for college ball, where there are academic requirements already in place for incoming players. If the kid (and his family) feels that private coaching is the best way to go, is it the NCAA's duty to force kids to finish high school per-se even if he can get all his ducks in order in some other manner (i.e. get a GED)?