That's true 

first watch this video Degree Vs Certification

https://www.youtube.com/watch?v=WqiCQAvtvfs

https://www.youtube.com/watch?v=zOXloSUpve0

Doing a CCIE Certification is million times better than doing  a masters degree,believe me i have  really wasted   2 complete full years in doing masters(M.Tech)  ,i would have achieved CCIE if i would  spend those 2 years in CCIE ,Bachelor's degree is sufficient enough in education ,after bachelors if someone haves an interest in networking field ,they can start up with CCNA,CCNP,CCIE moreover in india there are many options to pursue master degree ,you can also pursue master degree ,while doing a job as many of my class mates did..

At last Certification,knowledge, networking & communications skills, are required to crack a networking job,may be i am wrong but the above comments are my personal thoughts and ideas .......