October 27, 2021

Thiel Fellowship Pays 24 Talented Students $100,000 Not to Attend College

 

The winners were announced today for a new fellowship that has sparked heated debate in academic circles for questioning the value of higher education and suggesting that some entrepreneurial students may be better off leaving college.

Peter Thiel, a co-founder of PayPal, will pay each of the 24 winners of his Thiel Fellowship $100,000 not to attend college for two years and to develop business ideas instead

Doesn’t this continue to demonstrate that traditional education is not the right choice for everyone?  Career based education & accelerated paced degree programs commonly offered by for profit education firms are more aligned with the needs of many.  Watch and you will see many of the traditional colleges take another page from the for profit schools by offering accelerated programs 3 years for a bachelors, 18 months for an associates…

Good article from the chronicle: http://chronicle.com/article/Thiel-Fellowship-Pays-24/127622/?sid=at&utm_source=at&utm_medium=en