Bill Gates' incredible wealth and success, despite his being a Harvard University dropout, has caused some in the entrepreneurial business world to wonder if getting a college degree is really necessary to achieve success.
However, an analysis of Inc. magazine's "500 list" of companies finds that 85 percent of CEOs and founders have at least a bachelor's degree and 36 percent have a postgraduate degree. This is a significant showing in favor of seeking higher education (November 2006).
Inc. magazine further encourages the young and business-minded that the college experience provides students with intellectual capital that is as important to business success as monetary capital. Also, students who attend a university will have the advantage of developing a network of future business colleagues and connections that may help them in their ventures.
Whether one is interested in entrepreneurial business or some other field of work, a higher level of education offers significant benefits.
