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The thing about business executive type jobs is that there are way, way more people qualified to do the job than there are spots. College offers a way to differentiate the list of candidates. That's why a 4.0 Havard grad will get preference over a 3.5 grad from Joe Schmoe community college.
That being said I do think that college is really only a benefit if you pursue a STEM degree. Engineering, math, physics, some sort of natural science en route to an M.D., etc. Business curricula are all too often filled with "fluff" courses.
If you want to work in patent law, for example, you absolutely must have a technical degree - preferably a masters - in addition to your J.D. College is essential in that case. If you want to consult for patent law firms as an expert witness, 99% of the time you need a PhD. Actually, more than that, you usually need to be internationally renowned in your field. But I digress..
Also BayMoWe335 is correct...something like 90%+ of U.S. multi-millionaires have college degrees, yet nowhere near 90% of the U.S. population is college educated. That's a statistically significant difference.
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