Further buttressing my argument that having a college degree is neither necessary nor sufficient for business success, consider this story.
One email I received in response to my paper “The Overselling of Higher Education” was from a man in the financial industry who lamented that his firm rigidly adhered to the policy of considering only college degree holders for many positions, thus screening out a lot of perfectly capable, older employees who had abundant experience but lacked the supposedly vital ingredient of a college diploma. He thinks that that policy is very foolish. Little of what people need to know to succeed is learned in classrooms.