In this article, we are interested in what kind of opinions people belonging to different generations have on work experience and formal education. Mannheim's theory on generations is used as a general frame of reference. The questions asked in the article are: is education appreciated more by young people who have been able to participate in it on a large scale, or by older people to whom further education often remained an unfulfilled dream? Do older people put more emphasis on work experience, because on average they have much more work experience than schooling? The starting point of the article is that the changing educational circumstances have arguably shaped the thinking and world view of generations, and their opinions on formal education and work experience. In addition, the value of education as a currency on the labour market has changed continuously.