Agree with Gabriel that it is more of a safety net, especially in Singapore i guess. But I think it's kind of difficult to measure its true "worth"? I've enjoyed what i've learnt, and beyond earning the degree, i've got to experience hall life. To me, the whole uni experience was fun, interesting and enriching and it's the whole package that makes up its "worth" for me. That piece of paper did help me secure a job and determined my starting pay. But would I have been able to find a job without the qualification? I'm pretty sure it's possible. At the end of the day, passion, hard work, and motivation all comes into play. With or without a degree, one could do well as long as one is willing to put in the effort.