PayPal Co-Founder Gives Out $100,000 To Not Go To College 418
Paypal co-founder Peter Thiel says the key to quicker business innovation is skipping college. His foundation is handing out $100,000 to 24 people under 20 to drop out of college for two years and start companies. From the press release: "As the first members of the 20 Under 20 Thiel Fellowship, the Fellows will pursue innovative scientific and technical projects, learn entrepreneurship, and begin to build the technology companies of tomorrow. During their two-year tenure, each Fellow will receive $100,000 from the Thiel Foundation as well as mentorship from the Foundation’s network of tech entrepreneurs and innovators. The project areas for this class of fellows include biotech, career development, economics and finance, education, energy, information technology, mobility, robotics, and space."
Funny Thing (Score:5, Informative)
For a guy who's claiming that college impedes innovation, Peter Thiel sure had a lot of it. He has a BA in Philosophy and a Juris Doctor from Stanford.
Re:Funny Thing (Score:4, Informative)
(A lot of people said the same thing, but replying to you because you're the non-AC).
A B.A. in philosophy + a J.D. is a common combination of degrees. Philosophy is increasingly becoming the undergrad foundation for graduate studies in Law. It's like being a premed major, which doesn't qualify you to do much of anything except go to med school.
Re:Neat! (Score:4, Informative)
Re:So tell me (Score:2, Informative)
Unfortunately, pretty much every school I've visited requires that you do 'N' credits of something you don't love because some ass-hat thought that college kids need to take 'N' credits of something other than focused study.
If I could go to a college right now and study only computer languages and computer science while skipping all the other stuff (Psychology [which I admit, I kind of enjoyed]/English Literature/Japanese Management [WTH did I have to take that class?]...) I'd have my degree. I left school because I hated attending classes that I had no interest in.