Re: University Degree or CISSP

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Like anything, it depends. 

If you work for someone that sells your services to someone else, i.e. like a government contractor, the degree is 
almost mandatory. From the employers point of view, they can charge more for you depending on your educational level. 
The way salary range levels are calculated almost always take into account your educational level.

It's not that having the bachelors degree is such a great plus; it's just that having anything less is considered a 
negative because the bachelors is just assumed.

The value of a cert also depends on the employer/client. A lot of contracts specifically ask for CISSPs these days. I 
have a CISSP and don't even have such a great impression of the cert (as far as technical depth goes), but got it 
anyway because it does add value to a resume.