Thiel Foundation fellowships have scary premise
Sunday, May 29, 2011
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On Wednesday, the Thiel Foundation named the first winners of its controversial "20 Under 20" fellowship program, a sort of anti-college scholarship in which young people are handed $100,000 to pursue entrepreneurial ideas rather than a university education.
It's a limited program designed to showcase a bigger - and troubling - idea: that higher education is highly overvalued.
The Thiel Foundation, the libertarian group formed by PayPal co-founder and early Facebook investor Peter Thiel, has been spreading the message for months, telling any outlet that will listen that college is a waste of a lot of people's time and money. It's a "higher education bubble" - and we all know how dangerous those are.
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/05/28/BU9J1JJOTU.DTL#ixzz1Nm0YXFhx