The dream of designing

The situation so far. I have recently finished my adv diploma in professional game development (art) from AIE in Melbourne and was wondering what are the benefits from continuing a third year into a degree of games design from JMC.

My thoughts are that it is just a piece of paper and what i know of the game industry and its "requirements" is more to the flavor of experience should i just focus on finding a group and dive strait into making game or refine myself for another year?