While I agree with the gist of what you're saying here, I believe you would be a fool to underestimate the power of a college degree, especially from a premiere academic institution. I don't have any data in front of me, but I imagine entry-level salaries are dramatically higher for a student coming out of, say, UNC than someone who is degree-free. Granted, this discrepancy should conceivably be reduced in the long run, as work experience becomes inversely more and more important to vertical movement in the job market. However, a degree provides a 3-5 year head start that can be simply inva