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Re:Silicon Valley Asks Mostly for Developers with Degrees by ChuckMcM on Thursday March 31, 2016 @12:44AM (#11395046)
I think that mostly calls it, although the advantage for "elite private" vs "state school" is not as large as you might think.

And you could add;

6. When the market is saturated with programmers looking to be hired, those with degrees (at all levels) are hired before those without degrees.

If the current slow down in funding results in a lot of layoffs, it could create a 'bump' where a lot of programmers are competing for a relatively small number of jobs. And in that situation a degree would be helpful.

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