Can You Get Paid $100,000 To Not Go to College?

By on June 4, 2011 in News 6

School's OutNadine Bells writes on Yahoo News:

It sounds like a teenager’s dream and a parent’s nightmare. Peter Thiel, PayPal’s co-founder, is paying 24 college-aged students $100,000 to just say no — to college.

For two years, winners of the 20 Under 20 Thiel Fellowship have focused on developing business ideas instead of heading to class.

The fellows will work in Silicon Valley with a network of more than 100 mentors where they “will pursue innovative scientific and technical projects, learn entrepreneurship and begin to build the technology companies of tomorrow,” the press release states.

More on Yahoo News

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  • dddjjj

    But I’m 23….

  • Noname

    How are these kids being picked?  And will they be giving $100,000 to women to develop business ideas?  Just wondering…

  • Noname

    How are these kids being picked?  And will they be giving $100,000 to women to develop business ideas?  Just wondering…

  • Anonymous

    It’s essentially a genius competition. If you can show you’re a genius or have a great idea, sure you don’t need college and a fairy godmother with 100,000$ to offer is all you need. However, there’s a lot of people without any good ideas and employers still want degrees so college will remain their best bet.

  • Anonymous

    It’s essentially a genius competition. If you can show you’re a genius or have a great idea, sure you don’t need college and a fairy godmother with 100,000$ to offer is all you need. However, there’s a lot of people without any good ideas and employers still want degrees so college will remain their best bet.

  • Grooveboss

    ill quit anytime i want. life is but an illusion. and if you dont have great ideas its time to start dreaming.