Pursue ideas that matter instead of mandatory tests.

", What separates these new options from traditional learning paradigms is their à la carte nature: Students, rather than administrators, choose what to study. We had no idea how to build a business. Oscar Predictions: Expect 'La La Land' to Sweep, Researchers' Treat for Dogs—A Better Flu Vaccine, 'POINTER' Tracks First Responders Where GPS Fails, The Case of the Missing 'Knight Rider' Cars, The Lies About 'Lye' and Other Toxic Cosmetics, Nintendo Tries to Switch Fortunes With New Console, 'Viceroy's House' Director on Family Tragedy. “Thanks to the Thiel Fellowship, access to some of the nation’s most successful businesspeople is quick and easy.”, “Thiel’s fellowship pays kids a stipend that liberates them to work on ways to improve the world, rather than saddling them with debt. You should buy it.'" If the EPI numbers for recent college grads are depressing, the picture for those with less education is positively Dickensian. Thiel fellows David Luan, left, and Eden Full Goh. By late 2012, with a second class of fellows coming in, Thiel had disciples but no radical innovation.

", In the 30 years since Thiel was a freshman, college has become a much more expensive place to find oneself. A varsity rower and budding electrical engineer, Full Goh radiates an energetic self-assuredness much larger than her 4-foot 11-inch frame.

“Knowledge that is acquired under compulsion obtains no hold on the mind.”.

While he's utterly wrong on the virtues of dropping out (the fortunate few like Mark Zuckerman excepted), he's right that the compact between what college promises and what society is delivering is increasingly frayed. "Professionally, I'd gain experience, and if things went horribly wrong I could go back. Peter Thiel on College Peter Thiel: We’re in a Bubble and It’s Not the Internet. It’s Higher Education. The challenge is to make it much better, and more affordable, than it is currently. ", At one party, Cammarata remembers, he met "a guy named Gene.".

Now that there are cheaper and more relevant alternatives for learning, people are breaking out of these super-narrow tracks.

Neither am I persuaded, however, that the right response is just to rally around the colleges as they are currently doing business. “My grandmother wanted me to have an education, so she kept me out of school

Peter Thiel, co-founder of PayPal, delivers a speech during the evening session on the fourth day of the Republican National Convention on July 21, … But other support was at first scant. Getting that piece of paper means absolutely nothing to me.

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