Well… of course no any education can make you talented (creativity is a talent as well as ability to sing or ability to paint) .Education sharpens your talent, your ability to do things. On the other hand, the talent does need to be developed. Having only talent which is undeveloped by the formal education ,is not enough.
Mozart was 4 years old when his father, who was a professional teacher, began to teach him playing piano (at that time clavier)… at the age of 5 Mozart began composing, at 9 he created his first symphony. Who knows whether world even knew Mozart, if his father wouldn’t start teaching him so early… Maybe he would just stay a good composer or piano player, but his name wouldn’t last in history forever. Education developed his genius, sharpened it, it made him MOZART.
If you don’t have talent, you still can develop your skills up to some level, but you will never be a genius in this field and won't be able to creat anything significant . . And also no matter how talented you are, you won’t reach the highest level without formal education. (very few exceptions are existing)
knox, you ask “can education compete with talent”? I am not sure what do you mean, but education and talent are not competitors, they are partners, close co-workers..
Formula of success is Talent + Education. And obviously, the deeper talent and the stronger education are the better result is.