Do the different levels of degrees determine a person's chance at a job?

Yes and no. It depends on the position and position qualifications that is listed on a job posting. Sometimes, a persons work experience can also make up for not having a degree. Typically, majority of jobs out there requries some level of education or specialized training (vocational certifications, certificiates, degrees). For example, a Heating Ventaliation Air Condictioning Technician (HVAC) typically needs a high school diploma or diploma a vocational training program, apprentice hours, and certifications. But, an High School English teacher requires post secondary degree (often time double major), in addition to passing state exams to obtain their licsence to teach,and eventually a master's degree. The degrees and certificates, certifications, all depends on your career choice. I recommend talking with your schools guidence counselor to find out more information. They sometimes have the resources to help you figure out a career path that best suits your interest.

Not necessary. You can have a degree and still not get the job. Having work experience and volunteer experience goes a long way.

Advance or specialized degrees are helpful especially if they can be aligned within the same career field. Additionally, networking with other folks in the industry is always really helpful and a lot of times can trump an advance degree.

It really depends on what you are going for. Sometimes additional education can help, but some employers rely on experience more than the actual education. My advice would be to get as much training and education as possible, but do not forget about gaining experience along the way. There are a lot of different ways to gain experience, both paid and unpaid. I would do as much research as possible and decide from there. Also, be aware of making yourself "over-qualified". Good luck with everything!