Do it!
I cannot stress how much a degree was of importance to me during my flight training....
It tought me so much.. How to look after myself, work to deadlines and it also showed that results are proportional to the amount of work you put in! ok ,ok, ok, someone is going to come along and state they know all that already but believe me, it gives you the cutting edge over anyone without a degree.
I started an integrated course after my degree and I could pick out pretty much everyone who didn't do a degree by the way the interacted with others and so could a few of my friends. There are exceptions to the rule, but believe me... the majority fit into the stereotype!
Back to gaining a job..... I have just gained employment with a fantastic airline and i know of someone not getting in as they "lacked" in life experience.... Did they have a degree? no. Dont get me wrong... i know loads who havnt got a degree who fly for airlines.
Above all. It was the best 3 years of my life i wouldnt exchange for anything!!!!!! An obvious biased posting.....