Depends on your "degree".
I think degrees in Engineering/Architecture/Construction Management are valuable at a certain level.
The higher level master's and Ph'ds in sociology, history and "arts" are entirely a waste of money, unless you want to work in University.
My GF's good friend has a Phd in Sociology and the only job she can get is as a public school teacher or "research" analyst for a local university.
She went to school for 12 years just to make 60k a year and absolutely hates her job.
I made almost 60k a year straight out of college with a BS in Structural Engineering designing foundations, which i could teach a high school kid in about 2 weeks. My Master's degree has done jack shit for me.
Trade schools are great, i know a lot of people who make good money with them.