I'm not a huge fan of personal cases, but in this subject I'll make an exception. My brother has an Honours degree in History, and is working in commercial real estate, while his girlfriend has a degree in Art History and is working in insurance. Basically, you just have to be able to market yourself properly. Other than Commerce and Engineering, odds are against you if you expect to find a job related to your area of study without additional schooling.

Originally Posted by RyanC

Probably; you don't really need secondary education to pick up a book and learn about the humanities...although there is something to be said about finding a space to discuss certain topics. Becoming good at media design largely is focused around at finding something you love to practice the hell out of to become awesome at it. Unless your program is somehow unique, accredited, is necessary to the employer to stay competitive, or impossible to learn online, you're better off somewhere else..

Although there is something to be said about directed learning (i.e. would you have learned these things if left to your own devices? but then again, if you wouldn't, what are you doing in area of study x, etc)

Let's say, in a hypothetical situation, a self-taught person and a university-taught person (both in the Humanities) are going up for the same job, who do you think gets it?
The Humanities aren't just about learning what has happened, there are a lot of critical analysis skills that are being taught to you at the university level that you may not be able to gain studying them on your own.