Is a university degree still worth it if you're building a business?

I graduated 4 years ago, and I had the opportunity to go on to a PhD, but I gave up on that option. 👩‍🎓

Instead, I chose the "real world".

Many public universities in my country offer free tuition, while in the US tuition is very high, and people take out student loans that take decades to pay off.

In foreign startups, no one asked about my university education. Local ad agencies cared.

The paradox:

• High-paying international startup → No emphasis on education

• Lower-paying local job → University degree mattered

❓ Has a university education played any role in your job or business?

❓ Do you think it is necessary to have a university to create a successful startup?

Advantages that I perceive:

– University is good if you want to postpone working at a job or gain time to start a business while studying.

– Gaining contacts and some prestige.

– Gaining formal knowledge.

Disadvantages that I perceive:

– A rigid system that does not support thinking outside the box.

– Can prevent full entrepreneurship.

– A lot of sunk money on something that you may not even enjoy and will use in the future (in the sense you will not be working in a particular sector).