If your sample size is your coworkers, there&#x27;s a giant selection bias.<p>You&#x27;re ignoring the countless developers who didn&#x27;t graduate from college but also can&#x27;t get a good job. I know plenty of them and they&#x27;re basically stuck on a treadmill of making crappy WordPress sites.<p>While it&#x27;s true that great developers will probably do well degree or no degree, it&#x27;s definitely a boon for average developers.<p>Also consider that even for good developers the additional offers which might come from a degree can drive up their salary. Even if you have no intention of working in finance, a $300k offer from Goldman (which generally requires a degree) can help to empower your negotiations elsewhere.