Who is surviving A Computer Professional or a Traditional degree holder?

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Now a days where ever you see computer professionals are swarming up. IT is fast growing with fabulous opertunities and handsome salaries. where as for a student who has a traditional degree other than professional degrees taking their life time to atleast settle in their ful-time jobs of their choice though having all top degrees. What Iam trying to say Ex; If a student has a bachelor degree in engineering by the time next year his income may be 4 figures unlike a studet with a Ph.d in Any subjects range from a sciences or arts takes her time to survive the compitition and politics of all sorts before she or he earns a decent living.