Is 2.65ish GPA in 4 yrs better or 2.9ish in 5 years better?

<p>Right now I’m attending 5th year but thinking of dropping out and graduating. I would have about a few months of no-employment gap if I just drop out and declare graduation. </p>

<p>Do companies like to hire straight out of college or only a couple months out of college? Or could I still get an entry level job as long as I write a good cover letter even if I am unemployed after graduation for 6, 8, 12 months or more.</p>