I think formal education is dying and becoming less and less important. I learned more in one month at an job in my field, than I learned the entire time I was getting my degree. At least where I am from, I feel like the educational system is becoming a joke and that most employers feel that experience counts more than a degree.

We've hired people at my company because they had good degrees, and then ended up being the absolute worst workers and got fired shortly thereafter. So a degree doesn't really mean anything to me unless you have the work experience to back it up.