But if your goal is to be a musician, a music degree is basically useless. Whether you want to play in an orchestra, perform in a rock band, or compose video game soundtracks, nobody cares whether you have a degree or not - they want to hear you perform.
I won't say there are exactly zero self-taught professionals in classical music because I don't know for sure. But I will say I've never heard of one. If they exist at all they're exceptionally rare.
The music industry is built on the back of people with music degrees. They don't get the name recognition of headliners. But song writers, arrangers, and session musicians are all very likely to have formal training in theory and maybe performance.
Producers and engineers less so. Those are more of a track record who-you've-worked-with occupation.
Not only is that not true at all. There are many other jobs you can land other than performing with a formal music degree.
Of course with the right experience you might get away with not getting that formal education but you open so many doors by going through school and getting the "useless" piece of paper.
Case in point: Rachel “Raygun” Gunn. She had all the credentials in the world but single-handedly became the reason break dancing is no longer in the Olympics.
Slight overstatement… break dancing was one of the locally picked sports and the next Olympics had already selected different sports before she performed…
But she is a good example of degrees not equaling skill