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What's a degree worth?

Education is approaching a change where it will never turn back, but what will we find around that corner?

In America, college degrees mean less and less, and it seems like what's often more important is real-world experience and a competitive portfolio/skill sets. So the question is to put yourself in the following situations to answer the following:

As an employer: Would you rather hire someone with your required skill sets/a competitive portfolio and no college degree, or someone with a degree and good grades but little experience? (everything else held equal)

As a high school graduate: Would you be willing to self-teach yourself to the point where you had marketable skills and an impressive self-made portfolio while risking not having a degree?

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    Feb 13 2013: I attended college for the last 3 years of my life and currently I am taking time off. While in college I did more than most. I was a collegiate runner, president of two business clubs that managed 150 plus people with over 11 projects dealing with real community issues and global problems like blindness and lack of clean water. I learned that one can achieve anything if the right conditions present it's self all you have to do is recognize it and grasp the opportunity.

    For me college classes were only a commitment to a piece of paper that will make my family happy. I wasn't doing for me, I was just checking in and checking out everyday to reach a goal. After Freshman year I realized there is more to life than corporate accounting and logic class. There is a bubble created in a crucial time of discovery that you can easily get trapped in.

    When you buy into college your buying into a business that is growing at an unsustainable rate, over 10% last I looked. Like all bubbles, it will pop. When I saw Rhode Island College tuition price jump from $40,000 a year to $54,0000 in one year I was disgusted with the system of over valuation of a product that people can't prove is working. You only learn with experience and after starting two businesses in a year Eco Pedicab and Velocity Crepes, I say go to college to learn a trade but take a lower financial risk and fight for a cause or research a problem and solve it! I higher only based on experience and talent not a piece of paper.

    Inovation comes from experimenting with ideas. College shuts you off from the world and keeps you there. Sorry I bought into a lie bigger than the housing bubble. Companies are getting plenty of free labor out of it though...

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