A friend of mine send me this article that aptly addresses "emotional" education, as the "other" education. The author uses his own experience on how a musician help shaped his being, to support his point of view. He describes how the elements of life are just as critical to your education as the classroom. I agree.
With the apparent increase in higher education, MBA specifically, as your rite of passage to the workforce, experience is taking a back seat to education. Education is not just from textbooks, but experience.