I'll tell you one thing... A couple years ago, Chubb graduates were taking the same positions at my company that I got with my hard-earned Bachelors in CS. Same money, same benefits, in less than half the time, and with maybe 1% of the effort. Two of them are good friends of mine, and both told me that Chubb's computer programming curriculum was basically a joke, but it sure worked for getting them their jobs. A couple years later, they're more productive than some people I know who have Masters degrees, but I can't say that's because their education was so wonderful, I just think they work harder.
Granted, times are tougher nowadays, and while they still have their jobs at my company, if they and I were to get laid off, I like my chances a lot better, especially considering I'll have my Masters in a couple months (fingers crossed.)
Nowadays, I'm not sure where the economy is going, but certainly, you can't go wrong by improving your knowledge base and adding another piece of sheepskin to your collection.