Speaking for myself, if I was hiring someone to do a website, or a CMS, I couldn't care less if they had a B.Sc. or not. I wouldn't check, and I certainly wouldn't let it change my mind about the price being charged.
I'm fine with your argument, but you would be suprised how some clients are argueing.
For example:
"You are no professionals (read: no finished studies), therefore I'm not paying more than $X."