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@cg5154
@ Chris:
I think it really depends on what industry you want to work in, and what kind of role. Reading the previous responses, it sounds like media & art employers value experience over degrees. But there are other industries that'll toss your CV in the trash without even looking at it if you don't have a uni degree.
I'm not saying that a uni degree necessarily means anything. I know plenty of morons with Ivy League or Oxbridge degrees. And there are some degrees out there that aren't worth the money they're printed on. But you should bear in mind that some employers are so overwhelmed by the sheer number of applicants for any job, that they have no choice but to enforce a minimum entry requirement just to help them whittle down the number of candidates.
Mail-room-to-front-office-desk stories like Broker's are not the norm. It happens, but you need to happen to be in the right place at the right time.