Is there any benefit in getting a CS degree in ones mid 40's career wise? Would the increased likelihood of getting past the HR filter be worth it?
It's something I might actually enjoy doing, and I wouldn't mind solidifying my fundamentals, but I would be reducing my earning capacity during the years it would take to complete the degree, and by the time I'm done, I'll have maybe 15 years left in my career.
(I currently have no college degree)
The day that my boss said I wasn't getting any more raises because I didn't have a degree was the day I decided to go back to school. I took classes in the evening, so it didn't affect my income at all.
Although I how have big school bills to show for it, I make about $40K per year more than I did when I was working for him.
I'm 48 years old.
Note: I got an IT degree, not a CS one.
Strictly financially speaking, I'd be suprised if its the best investment for you. You've already missed out on over half of the supposed increased income potential from having a BS degree. And even if you got one, there's no guarantee of a better salary, or even a job, period. Yes, there are companies that require degrees, but there are just as many (more, I imagine) that couldnt care less when it comes to hiring someone with an existing track record.
I'd say if you have $50-100k you want to invest (which is basically what a degree is), look at other options. Perhaps start a side business, or buy a few rental properties. Basically, find additional revenue streams rather than putting all your eggs into the employment basket.
That being said, if you want to take classes because you just want to, there's nothing wrong with that.
As far as real-world skills go, college degrees are worth considerably less than the ink it took to print them.
However, if you are looking to advance in a corporate career, the degree will get you past the first set of HR walls. Bear in mind that if you move into management, many companies now require that their managers have their MS before they can be promoted past a certain level so you are right back into school again.
If you work as a consultant that degree is right back to worthless again.
Since the other answers have covered the financial aspect of a computer science degree, I'll just mention that you might be exposed to new programming concepts and gain some experience in aspects of software development that you might not otherwise.
A college degree from an accredited college always proves beneficial when looking for jobs. The truth is employers give preference to people with college degrees and more so if the job you're applying for requires specialized technical skills. While I understand the thought of going back to college when you're in your forties might be a little unnerving, but it doesn't have to be. Luckily, colleges today offer varied online degree programs which provide the with flexibility and the added advantage of being able to study while working. So I'd suggest you look into a program best suited for you and make a well informed decision which is likely to help further your career in the long run.
There are a lot of variables at play as you need to take the following into account:
Are you going to go back to school full-time?
Odds are that going back to school full time is not going to be to your advantage both due to the financial loss as well as the fact that college culture is no necessarily something that is best enjoyed once you are older.
Do you have the time to invest in night school programs?
If you don't go back to school full time then the next best thing is night school, or an online degree from a reputable school. The catch is that it generally does take you longer to finish a night school program (figure six years unless you are taking classes during the summer) which means that you are going to be giving up the time in the evenings and on the weekends. This can be tough for a number of reasons and might actually prove to be a greater investment than just monetary concerns.
Who is going to pay for the program?
This needs to be mentioned for obvious reasons because the chances are pretty good that while you might make back money you invest in the degree over the remainder of your career, it is questionable if you will come out significantly ahead by by the time you retire. That said though, if you work for a larger company with education benefits then they might pay for the degree in which case your only investment is the time as opposed the money.
Do you really need a Bachelors degree?
If you are just looking to get past the HR filters, then an Associates degree might be enough in and of itself. No guarantees here though and most Associates degree programs tend to focus more on the applied programming skills as opposed to theory which is what you might be a bit lacking unless you studied on your own.
Do you really want to get a degree in general?
If you don't want to get a degree, then don't get one. Odds are that you have enough experience at this point that not having a degree isn't as big of a hindrance as you might think and while some some large companies might not be interested in you, at this point getting the degree might not even help. There is something to think about though, most companies don't really care as much as they let on in regards to what you have the degree in and if you are thinking about taking courses for personal development then you might want to just think about doing that instead.
Find a job that values you and education. This job should provide you with a tuition reimbursement benefit. It should also be near a university that offers some sort of flexible degree. Many state schools will. Your job should offer flexible hours so that you can leave for 3 hours in the middle of the day and it's not a problem as long as you make your minimum weekly hours, attend meetings, and get your work done. Work your class schedule and job around each other. Get good enough grades to get your tuition reimbursed each semester. Do this at a rate of 2 (or 3 if you really want to work your tail off) classes a semester until you have a degree, free.
It's worth it to have your mind stretched, I think, especially if you can do it free.
It is hard to answer whether or not there would be value to each and every person to get their degree. I spent the first major part of my career thinking I did not need to go to school. But now I have started back a year and a half ago. I am a huge advocate in getting the degree. I have been doing hardware/infrastructure support for nearly 13 years, and chose to get my Bachelor's in CS.
There are two points that I wanted to touch upon about value behind a degree (outside the angle of HR interviews)
Maybe I am less bitter about Education, because I spent 9 years spinning my wheels in what was a dead end job, thinking that that was where I was going to spend the rest of my life. I decided to take a chance on a fairly large corporation, and was instructed during my interview that my skill set was perfect, and that they wanted to hire me. Through positive reinforcement, they kicked me in the butt to get back into school, and are now paying 75% of tuition. As I said, it is hard to put a worth on it, and say if its worth it for you or not. It all depends on what you are looking to gain from it.
