Here's a good example of why it's not about the degree, but what you put out there.
"Although I have no formal qualifications and have the world’s worst publication record, bar none, I am a recognised authority on various historical subjects and am on first name terms with many renowned authorities in the history of science (he said in his modest manner)."
“It is not knowledge, but the act of learning, not possession but the act of getting there, which grants the greatest enjoyment.” —Carl Friedrich Gauss
"If teaching is reduced to mere data transmission, if there is no sharing of excitement and wonder, if teachers themselves are passive recipients of information and not creators of new ideas, what hope is there for their students?" —Paul Lockhart, A Mathematician's Lament: www.maa.org/external_archive/devlin/LockhartsLament.pdf