[RA_Fisher]

I’d certainly not say it’s everything, look at all the highly-paid mediocre CEOs. Education has rigorously been shown to lead to higher incomes and wealth on average.

[orangecoffee]

Education is not knowledge either. Today market most directly pays for skilled work that increases revenue/profit. Correlation drops after that. It's a struggle I've been trying to reason for myself too.

[RA_Fisher]

True, but high-quality education, whether personal or formally, tends to produce high-quality knowledge.

Yes, companies pay for what’s perceived to create revenue and profit (and yes, skills are a major factor in that).