Do we need a higher education to be successful?

The trend nowadays is attaining higher education so that you will be able to get an edge over other job applicants and get a higher job. Some even just go for an online mba at an online university such as this but I wonder, will it really give you an edge? I mean look at Steve Jobs who didn’t even graduate college but he is heading one of the most successful and influential businesses of all time. I believe that it is a matter of determination, creativity and luck. You do need an education though, learning is what’s important but sometimes life learning is more valuable. Experience is the best teacher. Getting an MBA is also good though when you’re looking for a job that requires such and of course if your basis is learning.