Computer science is a field where your track record is most important only for getting a job as a developer. For academia or research (within or outside of academia), a PhD from a nationally accredited or for-profit school would be a joke.
EDIT: Also, some of the above posts are wrong. Getting a PhD in CS isn't just for teaching - it's also useful if you want to go into CS research.
EDIT: Also, some of the above posts are wrong. Getting a PhD in CS isn't just for teaching - it's also useful if you want to go into CS research.