It's been many years since I've read "The Millionaire Next Door," but one thing about the millionaires is they surprisingly often don't have college degrees, sometimes not even high school.

HOWEVER, just about universally they highly highly value their own kids getting college degrees. It is one of the most important things they believe they can give their kids. So while they skipped parts of the traditional educational system, their experience after 30 years of life has convinced them that their own kids ought to have it.