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In the USA, almost everyone gets some form of college education. When everyone has something then the value of it drops.
When only the rich had real toilet paper, then the cost of toilet paper was steep. Once everyone has toilet paper, toilet paper by the roll is not worth much at all.
Certain college degrees that are very hard to get, or that are in topics that are in heavy demand are obviously in the market place worth much more.
Obviously in a society built on math and science, the person with a magna *** laude in nuclear physics has a more useful degree than one in psychology. Everybody thinks he knows something about psychology. Almost no one believes they know much about nuclear phsyics.
A university is NOT necessary to make a good living. Do something that you enjoy and something that can get a job doing. You can get a good education at a vocational or community college.
Here (U.S.) college and university are used interchangeably. So I'm guessing the OP is not in the U.S. I can't speak to the rest of the world, but here a degree is just a foundation to build upon. While having one may not guarantee success, not having one makes it even more difficult. Like a poster above said, a lot is who you know. Couple good, demonstrated skills/knowledge with a great network of contacts and your chances of succeeding go up. That's another benefit of college; it's a great way to build contacts.
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