Peter Thiel Will Pay You $100,000 To Drop Out Of College (If You Have An Idea He Likes)

Considering student loan debt is now a trillion-dollar industry, maybe this PayPal co-founder is on to something. Via 60 Minutes:

One of the wealthiest, best-educated American entrepreneurs, Peter Thiel, isn’t convinced college is worth the cost. With only half of recent U.S. college graduates in full-time jobs, and student loans now at $1 trillion, Thiel has come up with his own small-scale solution: pay a couple dozen of the nation’s most promising students $100,000 to walk away from college and pursue their passions. Morley Safer takes a look at Thiel’s critique of college.

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