I've been in the prepress business, now doing web design, for 14 years. No degree. Learned the old-fashioned way. One thing I can say is that I have seen a LOT of guys start a job right after getting a creative degree. They usually last a month. The jobs that are readily available pay well, but they do NOT want any creativity. They want technical skill. Those jobs that do want creators are often the junior positions for small advertising companies. The pay on those is extremely low, and the pressure is extremely high. If you graduate up to a higher position in the company, the pay gets better but not the pressure.
So, if you are looking to get a degree that will land you a decent middle-class job, make sure you have the technical skills down pat. By technical, I mean you have to measure every little thing and plan out the measurements on paper, using pica measurement. "Eyeballing" will never cut it in the prepress world. Then, once you have those skills, shoot for the high-end prepress market. Work your way up if you have to. You can make decent money. Last shop I worked in I got 24/hour. A good alternative plan would be to thoroughly learn programming for websites. A designer who also knows Javascript, Java, Perl, etc. can command a nice salary, especially freelance.
On the other hand, if you are looking for a truly creative job, good luck. I never went there, but from what I've seen it is mostly thankless and low-paying. Of course, that may just be the people that I have contact with.
Either way, good luck!
Ever want any help or pointers, feel free to drop me an e-mail.