There's a glut in the market of many degrees.
  The ultimate job of most PhD's?
  AUTHOR.
  The carrot dangled about the viability of degrees in the
  marketplace is a sham and a scam. It is what it is. Doesn't mean
  it's worthless; it has merit for sure.
  But... fact is, you can bypass human resource requirements
  entirely.
  You don't have to fight in the job market.
  Just get to know someone in the company you want to work for.
  Suddenly all those job requirements go away.
  Exceptions are professions which are regulated.
  But most aren't as regulated as they appear to be.
  Also, for every job that requires a degree, there's a sister job
  doing the SAME WORK (for less money likely) that doesn't. You
  have to change the context within which you work perhaps,
  slightly less prestige.. but fundamentally the same.

  I don't have a diploma. Never mattered. I got jobs that required
  diplomas. I got GUMPTION for lack of a better work. I'm
  accurate, precise and I may stutter at job interviews, but no
  one doubts I'm capable, after some breaking in time.

  Depends on the field of course.

  But don't depend on your diploma to open doors.

  Open the doors yourself. If you have the diploma, great. But
  it's no magic carpet by any means.