Sounds like a good topic for discussion. I'm on the fence, for 2 reasons:
View #1: If you look at the logic of people like Robert Kiyosaki, you are exactly right. As a matter of fact, when you go to his website the first thing it says is...your banker has never asked for your report card, just your financial statement. I was a great student but don't know that I retained very much of what I learned- I was a short-term memorizer.
View #2: The school really DOES matter for reasons such as self-esteem & happiness. As an example, my son is very smart, but he think's outside the box. He's a hands-on kind of a kid & is always doodling, he's very creative. If he were not at a private school with a lot of forward thinking teachers, my guess is that instead of making A's he would be in trouble alot. His school is part of Mel Levine's study ("A Mind at a Time") & they appreciate the fact that he can be taking it all in even if he's not sitting still looking straight ahead. I wonder if larger, public schools would be as understanding.
Don't know if anyone else is interested in this subject but if so I would love to hear some feedback, especially from educators or someone with middle/high school age kids. Any takers?