I guess the flipside, in my experience it doesn't count as anything in the professional world. Since I back doored engineering, I am currently the technical lead on two projects at my job, both of which have vacant engineering lead positions - making me the defacto engineering lead. So I do the engineers work for technicians pay ($19/hr). I am also the only technician in the engineering dept. as opposed to the lab.
I should have just stuck with programming 20 years ago. Sorry this is a bit of a rambling tangent I went on. Maybe a warning to others that a degree is often more important than the knowledge the degree brings.