Yes, thats right, if i have two guys at an interview, and ones got masters and one has 4 years of experience but never went to college; i would prefer 2nd one.
That is a very profound statement. I agree. It seems the government wants to get rid of the middle class, and what better way to do it than by increasing the cost of education and raising the education requirements necessary to compete in the corporate world? I see what is happening in the US and it makes me sick to my stomach. I saw a guy on the news about a month or two ago voicing his concerns. He is a student at Berkeley, and he was asking how in the heck he is supposed to pay for his classes when the costs keeps going up and he has to work while going to school just to pay for everything. The answer to that question is that he is not supposed to. Everyone knows the college admins and deans get paid much more than they are worth. Pretty soon middle class families won't be able to send their kids to college. It doesn't worry me much, because by selectively taking classes which enhance my business skills, I'll be able to pour that knowledge into my own business instead of some big company.
From my experience: most of the best designers and also programmers I've ever worked with, haven't had a formal education. They've had passion for what they're doing while many of the ones who have been thru University, seemed burned out and less motivated.
Yea, universities and colleges dont give that much practical exposure that you get from working on projects or learning on your own while working on things. The things you learn while trobuleshooting stick in your mind forever while bookish and classroom knowledge could be gone with time. So definetely full marks to the experienced guys over freshers from college.