Why higher education is totally overrated

Higher education totally overrated

College degrees are overrated

Many Entrepreneurs prove that there is no need for a particular degree to get success and leave their mark on the world. While many successful entrepreneurs attended top business schools to learn about starting and running a company, there are also some today’s most successful entrepreneurs studied at less well-known colleges or state universities, or never went to college at all.

As the fees are rising at many colleges and universities are prompting some young entrepreneurs to seek other avenues to success.

Education makes you become a good follower. It snatches your ability to think out of the box. It is easy to find a good white color job if you have a degree, rather than starting a venture. The reason is obvious as earning a degree at a top-ranked school can be a huge financial burden. Now a day, you can see many Ivy League graduates are seeking jobs in higher-paying fields like finance and investment, instead of launching into the startup space. Often they are forced to make this choice because they have massive student loans and are afraid they can’t afford to venture out on their own.

Just think about it, what is the use of higher-education? Degrees? PhDs? MBAs? Sure, in medicine, engineering, dentistry, it is useful, but for most people, it is totally useless.”

“Doers are far more successful in this world than thinkers and education turns you into thinkers.”

Life is about attitude, and higher-education doesn’t teach you that. Education is just like a passport to get a job and this is the main purpose of modern-day higher-education.

You can see that a lot of today’s most successful entrepreneurs graduated from state universities and smaller colleges. One recent study found that the three public universities in Michigan turn out double the national average of entrepreneurs.

Success without Degree

This new world is the world of dropouts. Now a day, many college dropouts have found incredible success in launching startups. The brilliant examples are Steve Jobs, who dropped out of Reed College to launch his passion Apple Inc. Mark Zuckerberg, who dropped out of Harvard to launch his Facebook Empire, and Richard Branson, who never graduated from high school but went on to found Virgin Group.

Let’s see some other innovators have successfully followed a similar track:

  • Andrew Perlman left Washington University in St. Louis to devote his time and energy to an enterprise. He launched five successful technology startups after that before founding Great Point Energy in 2005.
  • Kevin Rose dropped out of the University of Nevada to focus on coding software. In 2004, he launched Digg. He now works as a general partner with Google Ventures and has made many highly successful investments in the social media space.
  • Daniel Ek dropped out of college and went on to launch Spotify.
  • Matt Mullenweg dropped out of the University of Houston to work for CNET, before launching WordPress – which is now responsible for powering 16 percent of the Web.
  • Ben Kaufman, the founder, and CEO of Quirky attended Chaplain College in Burlington, Vt., for one semester before dropping out to pursue his tech ideas.

Education doesn’t bar Innovation

It doesn’t matter how educated you are when it comes to innovation, there are no limits or rules. Some incredibly successful people have made a big mark in the world before ever going to college. Just look at David Karp, who founded online blogging forum Tumblr and sold it to Yahoo for $1.1 billion. Karp. He never went to college. In fact, he never received a high school diploma (though he doesn’t recommend that most people follow his example there). He has a passion and a talent and decided to pursue it, with great success.

Another “wonder boy” in the tech startup space is Summly founder Nick D’Aloisio. He sold his app to Yahoo for $30 million. He was named WSJ Magazine’s 2013 Innovator of the year, even before graduating from high school.


Quite simply, great ideas don’t belong in one simple category. Innovators can be any age, come from any background, with any level of education. What they share in common isn’t a prestigious degree but a passion for innovation, a great idea, and the strength of purpose and business savvy to make people listen.

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