I've been hiring people for the better part for 15 years and I never considered them to be valuable outside of the fact that it appears you're able to do one project for a sustained period of time. My impressions was unless your degree confers something such that you are in a job that human risk can be involved, most degrees are worth very little and most serious people know that.
To be clear, I think that most college degrees were generally low value (even my own), but still had some value. The current trend will be towards zero value unless something changes.
