Earlier quoted context omitted.
More importantly, why did I bother to finish grad school?
To not have situations like I did. I've almost done my masters - I finished all the courses, but did not submit my graduate thesis in time - so I have what we call "absolutorium", i.e. finished the program without pursuing a degree. The other day, a friend from my alma mater wanted me to come and do a semester of programming classes as an "industry consultant". It was all arranged properly and I was getting ready wit…
The other three reasons are visa (proof of "ability"), wanting to work in government (if you really, really want that) or early-stage startups that need Ivy-League credentials for their investors, because they don't have anything else to offer.
Other than that, as a software engineer in the private industry, nobody will care about any of your degrees.