While there are many fly-by-night ways to get a degree, and there is even a book on this called the Bachur’s Guide to College or something similar, please don’t think that hiring managers and admissions officers aren’t aware of this, as well. They very well know the difference between a real degree and other alternatives.
The better the school, and the more rigorous your education, the better chances you have of success. Of course some people do well without this, but some people also win lotteries.
Especially in this economy, all fluff is out. You must have skills that make you indispensable and be willing to work hard. All companies are cutting costs and personnel to the bone to raise their bottom line.
Do your hishtadlus properly, and keep davening.