Maybe my blog post will help answer your question -
I personally feel education affects how you approach anything in life - I have an MBA - certainly not a requirement in this business, but I have been told by clients that they appreciate my level of analysis. My education does help with how I articulate, my ability to simplify - to separate the nuggets of good information from the massive info now available to through the internet....
Depends on what is important to you - we all have our strengths and are proficient with the rest. Meet atleast 3 and go with your gut feel.