Try looking at degrees (esp. Masters esp. Management) from the knowledge it provides you with for your career (not fashionable in the recent past was it!)
In this way you can not only exchange it for experience in the years ahead but you can facilitate the management of this by regulating when, and how, you do this yourself.
There are many other considerations that defy a short termist, league table-driven mentality.
Geographic location is an obvious one.
Some quick answers that might/might not help:
- it will be of some benefit
- it will take up some time but the main determinant of whether it is wasted is most probably you
- if you consider it as a medium term investment you could well make it profitable but it is not just about money
- looked upon by who?
- the last question is the sort of thing people ask at the bottom of a market (i.e. very short termist). It also makes you seem quite 'wrong side of the shop window'.
P.S. Anyone still reading this message?
If so Happy 2009 to you all! and good luck with it cos.