A degree is a credential. I opens doors and gives the holder more opportunities, and that is what is key in life: More opportunities. A degree is an investment.
That being said, a degree is not an education. But to my point, without the degree, the opportunities are more limited. Certainly, the family business does not require the degree. But what other opportunities are available without one?
Study in your own time, read books.
Absolutely, I agree with this.
Studying is very expensive when treated as a hobby.
This is true. Studying per se is not expensive, as I pointed out with places like the Kahn Academy, which is free:
The only way to make sense out of change is to plunge into it, move with it, and join the dance.
- Alan Watts
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