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Is advanced education necessary to find authentic work?

Most of us have an innate working identity inside of us which demands recognition and yet is extremely vague or hard to understand completely. We are forced to feel our way towards it through trial and error, self-observation and reflection rather than discover it unmistakably the moment we graduate from higher education. 

What is the purpose of graduate school today? 
Does it meet the needs and reality of our

changing global context? 
Is having a PhD, MBA, or other advanced degree advantageous to meeting professional goals?

Bring your thoughts and stories. Let's have an idea party and draw from each other's experiences.

Sign up here --- https://www.meetup.com/disrupt-academia/