I've worked in Tech for almost 30 years. Prior to that, I did technical recruitment for a fortune 50 company. What was true then, is true today if you are speaking of IT type of Tech. CERTIFICATIONS are KING KING KING. Here's the deal with a 4 year degree (I have a 4 year and two masters so I'm not against it), by the time a person graduates after 4 years much of what they learned in year one is getting obsolete. here are some great career paths....each of which are somewhat easy to navigate between when one is rising up the latter. Developer (only as an entry point --- stay away from things like Web Development as those are a dime a dozen), Network Engineer, DBA, DA, Architect (data, enterprise, or DW), Network Security, and IT Security in general. With a few certifications the newbee is getting started. A few years later with a little bit of experience he or she can write their own ticket.
A degree is ok. A certification is KING (did I say that before?) Usually the first thing a person gets after a degree is a certification if the field is IT related. Now you can throw all those comments out the door if you are talking about engineering, e.g. medical, chemical, civil, electrical, nuclear, etc. In those career paths, a degree is the first step.
Good times of doing super cool stuff and getting paid well are ahead!