I was a recruiter/resume screener until I moved into operations. Put yes, or else your resume won’t be read.
Most of the time the form itself is not read. We have your resume which would tell us if you have a degree, so why do we have the form? So we can auto-reject you based on the details you put there. The form is meant to make life easy for us.
All the talent management systems I have worked with have this ability. On Indeed, the one I used most recently, they have an option to only view those who answer yes to having any numbers of skills and just automatically screening out anyone else. Those questions decide if you resume gets read or not.
At another company, we did keyword turf cuts, I.e. added keywords until we got about 50 resumes, skimmed them, and forwarded 20 to the hiring manager. My nephew did his engineering internship there and I got him to the final round by having him paste all the keywords for the job into a 1 point font skills section at the bottom.
At another company, any applicant who left out the awards and scholarships section got thrown out for lacking initiative. If you put student of the month from high school in there, you were ahead of over half of applicants and your resume would get read.
A friend at an oil and gas company had a great story of how one engineer got an interview and then the job because he put “crude prototype” into his resume and “crude oil” was used as a search term.
The company that I am with now has a job posting out for dev ops people with mandatory knowledge of a pile of web technologies like Spring and Node.js. Most of our developers (who make 20-30K more) wouldn’t meet the qualifications keyword searching their resumes. The dev people tell me that it isn’t part of the expected devops job. Yet the form asks how many years of Spring experience one has. We are using Indeed and have the screening on.
Just put yes. I would say close enough were I hiring.
"No" excludes very critical information.
What information is it? Companies interested in future graduates usually ask for an expected graduate date when someone selects "no". If they don't, they want someone who already got the degree.