> All the positions above a certain grade need a college degree, and often an advanced degree.
And yet, some of the most wealth has been created by college dropouts - not just for themselves but also for shareholders of companies they created: Jobs, Gates, Ellison, Batista, among others.
See : http://en.wikipedia.org/wiki/List_of_college_dropout_billion...
In fact : "The average net worth of billionaires who dropped out of college, $9.4 billion, is approximately triple that of billionaires with Ph.D.s, $3.2 billion. Even if you remove the world's second richest man, Bill Gates, who left Harvard University and is now worth $66.0 billion, college dropouts are worth $5.3 billion on average, compared to those who finished only bachelor's degrees, who are worth $2.9 billion. According to a recent report from Cambridge, Mass.-based Forrester Research, 20% of America's millionaires never attended college."
But that latter is a bullshit statistic. The number of dropout billionaires is so low (32 out of 1400) that a factor of 2 difference in average wealth is not statistically significant.
And yet, some of the most wealth has been created by college dropouts - not just for themselves but also for shareholders of companies they created: Jobs, Gates, Ellison, Batista, among others. See : http://en.wikipedia.org/wiki/List_of_college_dropout_billion...
In fact : "The average net worth of billionaires who dropped out of college, $9.4 billion, is approximately triple that of billionaires with Ph.D.s, $3.2 billion. Even if you remove the world's second richest man, Bill Gates, who left Harvard University and is now worth $66.0 billion, college dropouts are worth $5.3 billion on average, compared to those who finished only bachelor's degrees, who are worth $2.9 billion. According to a recent report from Cambridge, Mass.-based Forrester Research, 20% of America's millionaires never attended college."