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Absolutely.
Without higher education one does not get a clear perspective of the market & competitors.
After a point the business or venture of ill equipped investors start suffering because of poor knowledge.
Success is that man is doing something he loves and excels in it is true that a college education also
Success is a general term which needs to be elaborated.
If success means progress in education then certainly it is imperative to seek college education.
If success is earning then it's not a must.
If success denotes a successful human being then it can facilitate to achieve the objectives.