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If you plan to one day get telecommuting jobs a degree possibly is a great idea. How trustworthy you are is a major part for the person doing the hiring.

As you might imagine at times there is not too much to get a feel for this. So obviously seeing a formal education along with a good job history gives some sense of trustworthiness. Remember that since interviews are done by phone so other clues can be used to evaluate trustworthiness.