Entrepreneurship


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.



Politicians and pundits constantly call for the government to step out of the way and let entrepreneurs and “job creators” build the industries of the future. New Left Project argues that this…


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.