[randomdata]

As far as development jobs are concerned, the work is out in the open enough that, while education (formal or otherwise) remains important, the accreditation part has little value.

It is difficult to evaluate, say, a doctor - possibly not the best example, but the first that came to mind - based on his past surgeries because much of that data is never recorded, and what is recorded is impossible to access for a variety of reasons. Therefore you need some kind of system to say that, yes, this doctor is capable of doing the job.

Programmers do not really have that problem. Everything you do is recorded, and in many cases that data is accessible for any prospective employers. Worst-case, if you really have nothing else to show, is that you have to spend a few weeks writing some software to publish to GitHub. With that data, you can prove some level of competency, which is already everything a degree can do and more.

So it is not that education is not valued. It certainly is: You would never be able to do the job without some kind of education. It is that your work speaks for itself, so the degree does not need to be valued.

[coliveira]

Every profession has some level at which you don't need a university degree to work. For example, the medical profession has paramedicals. Civil engineering have civil engineering technicians. This is the kind of difference that has not been made in the software engineering profession, and would make life easier for everyone. If you just want to be a programmer, get a job at that level without the need of a university degree. The CS/Comp.Eng. degree, on the other hand, should prepare people not just to program but to design and manage complex software projects.