Grades vs Success

[tony]

But look at that statistic. What is the proportion of people who are millionaires compared to the general population of people with higher education versus people without post secondary education. What percentage of people with a post graduate degree will make a certain income versus the percentage without a degree?

For example.. let's say 100 million americans don't have a college degree. 10 million have a post graduate degree, either masters or doctorate.
Out of 1 million people who have an income of 500,000+ per year, 50% have graduate degrees, 50% don't. The odds of being included on that list are MUCH higher if you have a degree, versus if you don't.

Rambling, but see what I'm saying? Statistics can be misleading. (I should know, I'm a stats major, LOL)

Understood and I agree with your example but the statistic I am referring to only deals with a focus group of self made millionaires, not those who inherited their wealth or hitting the lottery, but those who started with little of nothing and became successful. For example, if Thomas Stanley surveyed a group of "successful" investors, business owners, etc.. and hypothetically 70% of them admit to being average students at best or dropped out of school, then I do have to question grades as a necessity to being successful.

Somehow I feel like I need to define success for my argument to be valid but hopefully everyone understands what I mean.

[Dragonfly5338]

Ahhh, I see what you're saying now. Well if someone is a self-made millionaire already they have something the general population doesn't, some sort of gift for business, creativity, numbers, etc. That's a pretty narrow group of people, still.

If you're average, with average intelligence, average everything, average determination and average grades... chances are your salary will be average.

Grades and degrees don't determine anything, I know really smart people who fail out of college and not-so bright people who graduate magna cum laude. The fact is that a diploma signifies that you have the determination to finish something, and dedication to something. I would consider graduating from boot camp or whatever it is or an army acadamy in the same lines as that.

Understood and I agree with your example but the statistic I am referring to only deals with a focus group of self made millionaires, not those who inherited their wealth or hitting the lottery, but those who started with little of nothing and became successful. For example, if Thomas Stanley surveyed a group of "successful" investors, business owners, etc.. and hypothetically 70% of them admit to being average students at best or dropped out of school, then I do have to question grades as a necessity to being successful.

Somehow I feel like I need to define success for my argument to be valid but hopefully everyone understands what I mean.

[Julio]

Ahhh, I see what you're saying now. Well if someone is a self-made millionaire already they have something the general population doesn't, some sort of gift for business, creativity, numbers, etc. That's a pretty narrow group of people, still.

If you're average, with average intelligence, average everything, average determination and average grades... chances are your salary will be average.

So whats an Average Salary in your eyes ?

[Dragonfly5338]

So whats an Average Salary in your eyes ?

I'd say 50k a year is average.

[Julio]

I'd say 50k a year is average.

Then That means, theres alot of less then average people in this Country.

Btw, If I remember corectly the Median Average Salary in GA is 24 k .

http://www.payscale.com/salary-survey/aid-6841

pretty sad.

[Dragonfly5338]

Then That means, theres alot of less then average people in this Country.

Btw, If I remember corectly the Median Average Salary in GA is 24 k .

http://www.payscale.com/salary-survey/aid-6841

pretty sad.

Are you talking median salary or average salary? Because they're two different things.

[Julio]

Are you talking median salary or average salary? Because they're two different things.

I understand. What Im saying is, Theres less average and more median.. get it? maybe a little confusion there the way I said it.