A degree...
proves nothing more than the fact that you are capable of learning at some level.
As with any type of education, it matters less where you got it (and what it was in) than how much effort you put into it. "2.0 and go" attitudes will still get you a degree, but don't you think the Summa, Magna, or just plain Cum_Laude's got more out of it?
(can't believe I had to edit this stupid thing to get it to display a degree endorsement)