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He's right, you know. I have a rather undistinguished history degree from the University of Texas. The difference I noticed in trying to get a job with and without said degree was essentially negligible.

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I disagree with this entirely. If you want a job that pays a lot of money, you do need the right degree. But there are plenty of jobs that pay more than no degree that just require some degree.

I have a friend with a geography degree from Southwest Texas (read "Party School Central"). He now works for Microsoft and makes good money. Yes, he developed computer skills himself. But he would have gotten the job he has without a degree.