Quote Originally Posted by Dragonfly5338
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.