Get the 4 year degree. It sounds like you are anyway. People who continue to argue that you don't need a degree are either willing to accept a small regional for lifelong employment or corporate or some freight companies. The airline jobs you want in either passanger or freight all require a degree unless you really have something else going for you. With the degree, you have something to fall back on if the airline thing goes South as it is today for many pilots. There will be jobs flying airliners next year and in 10 years. If you are truly dedicated to a career in the airlines and stick to your guns, you will be successful. If you go in half hearted about it, you will be lucky to make it to the big show. It takes many years of suffering, hard work and heart breaking setbacks before you live a comfortable life piloting Boeings or AirBus aircraft around the sky. Speaking of the sky; it is not falling. The industry will transform and stabalize here in the U.S. in a few years and you might just be timed right for the next hiring wave. Good Luck!!!
Actually flown: EMB-120 EMB-145 B717 B737 B757 B767