who is correct?

Hello, my friend! Nice to have another discussion so we can have the pleasure to keep our minds sharped! Interestingly enough you also agree with your parents, you only did not notice it. When you say it and I quote "many industrialist earned money without having well educations" you are talking about the past. We live in a different era. We live a post knowledge/information era. Because those who were able to enjoy that era, are now the consumers that keep the economy going. If you turn your back to system - and by system I mean capitalism - you are to be the next "marginal" of today's society. It is cruel to put things like this, but it is as true as it gets. I happen to be studying society's (in)volution in so many aspects, but especially labor market and the relation people have with work. It is true, though, that the world doesn't need as many scholars as there actually are (I've heard this in a song, I thing), but the fact is that we have countries, like Ireland, for instance, that restarted and have become a whole model to the world because of High Education. So, I don't believe a person could be without education nowadays. Things may change for better or worse, but we are we have to do the best for here and now, don't you think? My best wishes for you, your parents and your cousin! :)

Money is just a piece of currency earning it is easier if you know society works because when you have a basis it is easier to get money.