A few of my coworkers and I were just talking about this the other night over drinks. All three of us majored in AS, but with different minors and areas of concentration. I think the conclusion we came to (it's a little fuzzy, it was over drinks, remember) was that although an AS degree is certainly not necessary, it has the potential to create a pilot who understands a lot more about how his airplane flies than a fellow with a business (or other) degree.

My only advice is this- don't overpay for that AS degree, and think about maybe getting a second degree sometime down the road in something other than aviation.

Also, here are a few other jobs that friends with AS degrees have:

Line Service
Dispatch
Enterprise Rent-a-Car CSR
....

I guess that's about it. With a degree in AS and no other supporting education (say, a minor in weather or safety) there is very little you can do besides fly, and certainly nothing out there as rewarding.