Nintendo has become one of those companies that graduates from colleges and good universities really want to work for ... I often say to [Nintendo head] Mr. Iwata: 'If I was applying for a job here today, I, with my actual college degree, would probably not have been employed by Nintendo.
Goddamnit. I did not want to see this, considering if the Father of Modern Gaming wouldn't get a job at The House Mario Built based on his college degree today - what that degree is, I don't remember - then what's the point of getting into game development? It is an over-saturated job market, with more than enough people trying to get a job in it.
Really, the only way I see a way in is to make your own game. Hell, that's how Portal started, and look at that. A Digi-Pen graduate end-of-your-tenure video game project was picked up by Valve, hired by Gabe Newell on the spot and intertwined into Half-Life's story. Great, now I need that success story and I'll be set.