[JonathanAgosto]

[College drop-out here]

TLDR: A degree is not completely relevant, but it gives you an edge.

Im my experience, a degree is not necessary, but demonstrating skills is harder than it sounds; a lot of interviewers at non-tech companies are not technical and rely on typical CS material for interviews (algorithms and the like). As a self-thought, I rarely paid attention to this sort of stuff (I started as a web developer) until I had a few interviews. Salary has an impact as well; even though Ive performed better than colleagues, my salary was ALWAYS lower.

[mark-r]

Your salary is lower because it started lower, and there's an unwritten rule in the industry to never hand out disproportionate raises. I was lucky enough to have a couple of jobs that broke the rule, and as a result I believe my salary is in line with my degreed contemporaries.

The degree gives you an edge in two important ways. First it qualifies you at those places who absolutely demand a degree, whether you believe in their reasoning or not; having a smaller pool of opportunities will always be a handicap. Second, if a hiring decision ever comes down between you and a person with a degree, the degree will become the tie-breaker.

On the flip side, the places that won't consider you without a degree might be the places you wouldn't want to work anyway.

[hajile]

That's one more issue with the industry. Everyone says they don't want to train because the devs will just leave, but they refuse to give them the raise to keep them there. If a company won't give a disproportionate raise to a person who deserves it, then some other company will hire that person.

My first gig paid only around 30K/yr, but I became aware that moving jobs was a good way to get a raise. When you already have a job (and genuinely have the ability), it's pretty easy to negotiate aggressively. My next job was 70K and within two years, I was in the top 10% of dev salaries.

If I weren't willing to jump companies, it would have taken years more because (as you point out) companies don't like giving raises.