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I can only speak about UK and Eastern Europe, but I think that holds true about most of Europe in general.

Dev work is generally very lax on academic credentials. Most of the time a great work record, open source contributions or other easily referenced work counts waay more than any degree you might hold.

Some startup gigs can even scoff on degrees, because it might indicate complacency rather than entrepreneurial spirit :)

A degree is a good way to get the first job.

Once you've held a job for a couple of years, it's easier to find new jobs, because the experience will speak for you.

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