Absolutely false.
Ask anyone who has an english or history degree and can't find a worthwhile job if their life depended on it. Ask them how much they regret their decision to get a worthless degree. I know a lot of people who basically wasted a lot of money on a piece of paper and now they're serving tables, etc.
If you're interested in business, an accounting degree is more highly regarded than any other business degree from what i've seen. You can take an accounting degree and apply for any "business job" whereas you can't really take a marketing degree and go work in finance. (example)