Case in point, Steve Jobs, Bill Gates, and Larry Ellison, high school graduates who never got a bachelors degree yet managed to make a lot of money.
Not having a degree doesn't mean you haven't studied, learned, and gotten experience at doing things. It just means that your learning happened outside an academic setting.
I know skilled contractors who make lots of money. They know how to do things, and learning how to do things correctly without killing themselves or putting others at risk took them years of apprenticeship under other skilled craftsmen.
In my own line of work, maybe 1% of what I learned in college (more years ago than I care to admit to) applies today -- the rest I've had to learn along the way, reading books and articles, researching documentation on the Web, and just plugging away until the #$!&! thing started working correctly.
You are proving my point, thank you