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In a recent study, we investigated how many of the wealthiest and most influential people graduated college. We studied 11,745 U.S. leaders, including CEOs, federal judges, politicians, multi-millionaires and billionaires, business leaders and the most globally powerful men and women.
We found about 94 percent of these U.S. leaders attended college, and about 50 percent attended an elite school. Though almost everyone went to college, elite school attendance varied widely. For instance, only 20.6 percent of House members and 33.8 percent of 30-millionaires attended an elite school, but over 80 percent of Forbes' most powerful people did. For whatever reason, about twice as many senators – 41 percent – as House members went to elite schools.
For comparison, based on census and college data, we estimate that only about 2 to 5 percent of all U.S. undergraduates went to one of the elite schools in our study. The people from our study attended elite schools at rates well above typical expectations.
Why waste $150,000 on an education you could get for $1.50 in late fees at the public library?
(Score: 0) by Anonymous Coward on Friday April 21 2017, @09:00PM
I have the opposite experience. I am young, yet already hold a director level position, and prior to that senior level and management positions at other places. I have no college. None at all. Never once did any company ask if I went and I don't lie or hide it on my resume that I never have. None of them cared, or if they did it sure never affected my ability to find work. Am I a usual case? No. I'd wager you aren't either though. Just as you say your ex father in law goes to you because you have a degree, I have quite a few who come to me instead of others who have PhDs and Masters degrees. I don't think having or not having college comes in to play much at all unless you're a beginning job-seeker fresh in your career.