In most countries, having a University degree is a must in order to get a decent wage and equal access to opportunities. This is especially true in countries that have high competition. I have known a lot of students pursue their master's degree or Ph.D. even overseas. With years of studying and learning, you can land a good job and a high salary. But in recent years, there has been a debate about this. The reason is that a lot of the most successful men and women are actually University dropouts. Big names in their respective industries such as Bill Gates, Mark Zuckerberg, Oprah Winfrey, and Steve Jobs. In China, Jack Ma ( founder of Alibaba) experienced numerous rejections before making it big because it is quite difficult to get a good job if you did not graduate from the top 10 universities.
I still believe that education is quite important but it certainly cannot guarantee success. Success depends on bigger factors than the knowledge we acquire in school and the diplomas that we hold.
Sadly, due to the narrow mindedness of our societies, when the word "education" is said, people by default think about the alma maters of an individual. But "education", as a mean of empowering people, is not only limited to the boundaries of school, college and university. Education doesn't only mean gaining knowledge from books, internet and research papers, but an educated person is one who knows how, where and when to use their knowledge by keeping their wisdom upfront.
In general, we say that the people who can't read and write are uneducated, but you know what, most of the time it is those so called educated people who often destroy and devastate this world untold amount of time, not those uneducated people. So, for me, those people who ONLY think of themselves and keep barging about Humanity and peace just to pretend that they care, but do most of the plunders and blunders, are THE most uneducated people irrespective of their educational degrees.
Lastly, education is not only to get into an educational institution, getting a degree and earning money thereafter, but education should be to empower our mind in proper way so that we can distinct and discriminate NOT between people but between good and bad!
A saga of education-- perceived and presented by Troglodyte!:D