I treat distance degrees as on a par with regular degrees. I don't think students have quite as in-depth knowledge of their subject but I also think it takes enormous drive and self-management to complete one.
I wouldn't rate the OU any higher than several other large universities which now offer similar courses.
Degrees tend to be about getting you out of the starting blocks though. Within 5-10 years in a career, it's largely irrelevant where or what you studied. Skills and competencies demonstrated in the job are far, far more important.
Of course PPE from Oxford is better than P&E from Pompey, but that isn't comparing like for like.
TDHManchester
A degree from one university may well be better than another though. Whilst there are the best known at the top, different courses are often considered better from those lower down the table. A perfect example is my sporty (now physio) brother who studied at Loughborough. Much better for him than Oxbridge. My father did his PhD at Southampton after his undergrad at Cambridge. He was an engineer and Soton had better equipment.
It isn't the same as A Level or IB subjects because of the specialism and often expensive equipment necessary. Whilst schools tend not to specialise in areas, universities do.
"an OU degree is considered very low"
Open University is an established, accredited, highly-ranked university, and if anyone doesn't understand that, I certainly don't want to work there. I assume that anyone who makes such a comment isn't actually in a position to use their judgement.
"And yet they even give them away to people for doing jack shite i.e honorary degrees."
Haha. Amazing red herring. Firstly, I'd argue that usually, people who are awarded honorary degrees have proved themselves extremely capable in whichever field. Secondly, my boss and others I know, always abbreviate h. before degree honoris causa.
[credentials - the bugger in charge of 477 staff, every single one a post grad. Bricks and mortar BSC. I have one MSc from a 'brick' university and one MSc distance course]