Just as wet streets don't cause rain, Oxford degrees don't make politicians. It's just that all the British trust fund kids go to Oxford to study .. well, whatever.
Since 1945 Oxford:10 Cambridge:0
That's a wonderful epigram. Did you come up with that? I'd like to remember it and properly source it.
College is a prerequisite for professional degrees. Hacker News crowd notwithstanding, your career earning potential is reduced if you only have a secondary education.
Note that not all college degrees are equal. Obviously. Four-ish years of dedicated study changes your mind appreciably, which is the real objective. Also, finishing a degree signals your ability to function in a somewhat opaque bureaucracy, which means you'll be able to follow dumb rules and still get stuff done in a business organization.