Is Degree necessary

Recently I came across an article in ask Slashdot (URL: http://ask.slashdot.org/askslashdot/05/03/07/1814219.shtml?tid=146&tid=187&tid=4) about the best degree to pair up with Bsc CS.

This is what boodman said about it -
"School is a waste? That's just wrong.If you want to work in the same position all your life, then great. Stay out of school, and just get experience.If, however, you don't want to stay in the same position all your life, go to school. It is a must."

"Does not having a degree mean you can't do a particular job? Probably not. But I can tell you firsthand that without the degree, your options for growth, variety, and additional responsibility are severely limited."

and then he speaks something about the return of investment. The amount that we spent in higher education is usually a hefty sum and it can only if justified if the salaries that we draw are in tune.

So a degree is an excellent advantage provided that we use it our advantage.

"I know people getting their MBA who have no plan for how having their MBA degree will make a difference in their careers, or what kind of job they will need afterwards to make getting the degree worth it from an expense perspective. I think that's lame."

Personally,I always wanted to be in the mainstream of technology development, so from my perspective getting a degree in IT was cool and it did provided with a window of opportunity.