Academia or not - there is much more to it than the "script kiddie" software equivalent to mr dell plugging together some parts in his dormitory. many of the successful "disruptors" in the industry do not have done anything disruptive in the actual field of IT (Zuckerberg with Facebook being the prime example - just a big website where people waste each other's time and a place for companies to dump their ads at them, what makes it unique is just the sheer size). That doesn't mean there aren't people who come up with new stuff technology-wise, who push things forward, in the field of software. Often these are not the people who succeed wildly on the business side of things, as that takes a totally different skill set (which is largely independent of the industry). For sure there exists this kind of "coding job" that is equivalent to a classic factory job. Sitting in a cubicle and implementing something to a spec somebody else came up with from nine to five doesn't require a university degree. But it still has to be learnt somewhere, and a future employer will want to see proof. at least until this kind of job goes the way of the factory job and is replaced by AI. However somebody has to come up with the tools these cubicle coders use, and with the specs these coders implement. And with the AI system that replaces them one day. And that is "academia".
Facebook and other social media giants have done something quite disruptive in the field of IT; They brought psychology into software (and their learning algorithms are quite impressive as well). The amount of dopamine they have figured out how to release in the human brain with 1's and 0's is astounding and has never been done at this level in the past. They are definitely "disruptors" and have influenced an entire sector into utilizing their methods.
I did not rent the apartment to the young lady as Fair Housing laws in US are very stringent. When we set forth the criteria for rentals we MUST abide by them. One of my nephews has a Sociology degree. After working as a counselor in a hospital for several years he went back to school to get an MBA, which he did. He told me there were onlu counseling jobs availabe so he decided to get in another field. He hasn’t done any better with an MBA.
Anecdotal. There will always be people a degree doesn't help very much and there will always be people without a degree that do better than those with one. That doesn't change the fact that on average a degree will help people earn more money. With the degree your nephew has he has the potential to make more, it sounds like he just doesn't have the motivation or drive to advance further in his chosen career field...and then he just gave up on it. Degree or not, without the drive to advance in your career/salary, you simply won't. If you give up easily and don't follow through life is going to be very difficult.
Probably a discussion for another thread, but a lot of people are able to skate by quite easily. I'm skeptical of the idea of being "independent" or "self made." You got all that from a short paragraph description? One of the items in that paragraph was that he went back to school to get his MBA. That's an effort and a bit ballsy since the MBA is expensive and time consuming. We're way more dependent on luck and surroundings than we believe. Hindsight is 20/20. Explaining why something didn't go well is easy. Much harder is throwing down bets on predictions of the future and consistently coming out ahead. I think most of us get saved because one good bet can carry you for a decade or even an entire career. That good bet may even accidental. A prudent path is to follow solid information for things which are already working (which jobs are paying well right now?) Hopefully you get lucky early and do extraordinarily well. Otherwise, maybe you get saved on a mediocre performance by starting from a higher place.
I guess that depends on how one interprets "independent" and "self made". Obviously you generally have to surround yourself with smart and hard working people if you want to succeed...but that is something you can control. I highly doubt the story's accuracy. I don't believe in "luck". It devalues what talented people do. I think poker is a good analogy: sometimes you are dealt a good hand, sometimes you are dealt a bad hand. Are the good hands luck or just a probability? It doesn't really matter, it is what you do with those hands that matters...and it is why you tend to see the same faces year after year at the poker world series. It's not that they are extremely lucky people, they are extremely talented poker players. Saying they are "lucky" completely devalues their talent at quickly calculating odds and reading people. As for surroundings: You can control that. Maybe not to who or where you were born, but everything after the initial spawn point can be controlled by the player.
Among the 127 ranked full-time MBA programs that reported these statistics to U.S. News in an annual survey, the average employment rate among 2017 graduates three months after graduation was 84 percent. https://www.usnews.com/education/be...h-mba-programs-lead-to-the-best-jobs-salaries The poster doesn't mention which school was attended as not all schools are created equal. Looks like a significant majority from the top 127 schools are pretty successful. Rule #1 again: The exception does not invalidate the rule.