I'm definitely not saying the piece of paper is a yes or no for hiring someone. Without the degree I look for an equivalent 4 years of experience. My big concern is when I see a DBA that has only ever had 1 job with no related degree and no certifications/coursework listed. I have to wonder how did they learn SQL Server? Trial and error is a good teacher - but not on my production boxes! And trial and error will take much longer to learn good practices.

So if you don't have a degree put a section in Training or Coursework and explain how you learned your crafts - don't make me have to guess.