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Get your degree. There are many good arguments for doing this; fallback value, check in the box, knowledge expansion, becoming well-rounded, becoming more competitive, and so on and so forth.
Personally, I'm glad that my degree is completed because it opens up opportunities. Basically, as soon as I get the time, I'm not limited as to what I can do. If I want to work for SWA, I can. If I want to work for NetJets, I can. If I want to work for FedEx, well, I can do that too. If I want to work for USA Jet, well, I can even do that too, provided I can get past one of Yip's interviews. It's sort of the same rationale as staying a flight instructor until I get 135 mins; I can now do what I want to do, as opposed to what I have to do--I have that many more opportunities open up to me.
And for the record, I plan on getting a graduate degree too. Not because I feel I have to to be competitive, and not even for fallback value. It's just because I want to; because I love learning and I want to do it. It would be a cool achievement. There would be many other benefits too, but that would be the main one. And I am now able to pursue graduate studies, because I have completed an undergrad degree. I have that opportunity; I can now do what I want to do.
-Goose
Check my posts, I have nothing against a college degree, Bobby and I settled this 5 years ago. But if you want to be a pilot going to college full time puts you behind those pilots building resume stuff. Go to college on line so you can check the box when you apply at FedEx. My classic 25 year old DC-9 Captain with 5000 hours, most of it Turbo Jet. No full time college, but he has completed his on-line degree from an accredited university. BTW how many 4-yr. college grads have 5000 hour mostly heavy jet by the time they hit 25? This is whom the 4-yr. guys will b e competing against when they apply for their jobs. BTW a degree in business is a nice one to get, helps you understand money.