Many employers prefer candidates with a college education. Earning a cybersecurity degree can prepare you for high-paying jobs in a rapidly growing field. Applicants without a bachelor's degree may have fewer career options. A bachelor's degree is required for 88% of cybersecurity job requirements.nEarning a cybersecurity degree can also have an impact on pay and job security. Bachelor's degree holders earned approximately 65% more than workers with only a high school diploma, according to the U.S. Bureau of Labor Statistics (BLS).