The Millionaire Next Door Post 4

This book is still very interesting to me. The author seems to have how to be a millionaire understood through his studies. I wonder how he does for himself...probably pretty well with this book being a great success. The millionaires Stanley talks about in this book are well educated. 4 out of 5 have college degrees, the 1 in 5 being the rare occasion. 18% have masters degrees, 6% have medical degrees, 6% have Ph.D.s, and 8% have law degrees. I think of each stage of schooling as a weeding out process. Most kids go to high school, not all go to college but the majority do. Some do not make it through college while some do. Out of the some that do a small amount go to graduate school and make their way through. If you make your way through you have survived! It is the survival of the fittest, the fittest being who can stand school the longest. However, each degree one earns the more valuable they become. Someone with a masters in business as well as a law degree is worth more than someone with just one of those degrees, let alone someone with neither. Although this book does not say graduate school has anything to do with being a millionaire.