As a high school dropout, I'm just going to go ahead and extrapolate.
Peter Thiel Believes the Future Belongs to College Dropouts
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Re: Peter Thiel Believes the Future Belongs to College Dropouts
#12Earlier quoted context omitted.
First, welcome to HN! As a quick aside, it's generally taboo to sign comments with things like your Twitter handle or personal URL -- feel free to throw them in your profile :). Re: your comment, you're absolutely right that entrepreneurship is not for everyone, and that many people will benefit more from college than without. However, Thiel doesn't argue that everyone should dropout of college. Rather, he claims tha…
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Thanks for the advice about signage. Did not know that.
My thoughts towards choosing the best and brightest is that higher education defined it one way (via grades, involvement etc). There is def opportunity to re-define it, but a difficult process none the less.
Re: Peter Thiel Believes the Future Belongs to College Dropouts
#13A person under 20 has a far better chance of making $100,000 in professional sports than getting it from the Thiel Foundation. I suspect that for a person under twenty, the odds of getting $100,000 from Thiel are even lower than the odds of winning the same amount in Texas Hold'em.
Not to mention that they also have a far better chance of getting an academic scholarship to an elite institution.
Re: Peter Thiel Believes the Future Belongs to College Dropouts
#14> "Why doesn't Thiel make it possible for anyone who wants to go to Harvard to be able to do it?" Maneker wonders.
What makes Harvard Harvard is that not anyone can go there. If everyone could, it would just be a good state school, and that certainly wouldn't pay the bills.
What universities don't realize, is that the same force which drove more and more people to attend college at the beginning of the information age, is also tearing down the requirement for college. There is really very little that you can't learn or even experience on your own these days to give yourself a brilliant education.
That said, a good college is still far and away the best way to learn classical knowledge quickly. I am very thankful for my CS degree, because there's no way I would have gotten that breadth of exposure to the most interesting parts of CS with 4 years in industry, but with the way tuition is increasing, the cost is squeezing out the benefit for more and more people, masked only by the availability of government loans, and throwing people into a life of indentured servitude.
I don't know if Thiel is doing these kids a favor, but it's certainly no worse than the deal they'll get from the establishment. I'm glad he's throwing a wrench in the works regardless of how misguided he may be.
Re: Peter Thiel Believes the Future Belongs to College Dropouts
#15A person under 20 has a far better chance of making $100,000 in professional sports than getting it from the Thiel Foundation. I suspect that for a person under twenty, the odds of getting $100,000 from Thiel are even lower than the odds of winning the same amount in Texas Hold'em. Not to mention that they also have a far better chance of getting an academic scholarship to an elite institution.
> A person under 20 has a far better chance of making $100,000 in professional sports than getting it from the Thiel Foundation.
Statistically, not individually :)
Re: Peter Thiel Believes the Future Belongs to College Dropouts
#16I satisfy the following three conditions:
* I dropped out of college.
* I got kicked out of college.
* I graduated college.
Why stop at dropping out when you can have it all?
Re: Peter Thiel Believes the Future Belongs to College Dropouts
#17I was not aware of Peter Thiel's other opinions when I read this piece, but his arguments that we're in an education bubble seem to me to be very solid.
Indeed, there's a lot of evidence he left "on the table". E.g. grade inflation is analogous to the kinds of things we saw surrounding the housing bubble and the internet bubble -- people want the metrics to meet certain criteria and don't care about the underlying fundamentals, so everyone is above average.
Re: Peter Thiel Believes the Future Belongs to College Dropouts
#18A person under 20 has a far better chance of making $100,000 in professional sports than getting it from the Thiel Foundation. I suspect that for a person under twenty, the odds of getting $100,000 from Thiel are even lower than the odds of winning the same amount in Texas Hold'em. Not to mention that they also have a far better chance of getting an academic scholarship to an elite institution.
That's a strawman. Nobody is saying that the only way to be an entrepreneur is through Thiel's program. And once you remove that implicit assumption from your snark, there's nothing left.
Re: Peter Thiel Believes the Future Belongs to College Dropouts
#19A person under 20 has a far better chance of making $100,000 in professional sports than getting it from the Thiel Foundation. I suspect that for a person under twenty, the odds of getting $100,000 from Thiel are even lower than the odds of winning the same amount in Texas Hold'em. Not to mention that they also have a far better chance of getting an academic scholarship to an elite institution.
> A person under 20 has a far better chance of making $100,000 in professional sports than getting it from the Thiel Foundation. Statistically, not individually :)
How many in total applied? I would expect the 20 Under 20 Fellowship to be much more self-selecting in terms of those who applied or those who even know it exists.
Re: Peter Thiel Believes the Future Belongs to College Dropouts
#20I satisfy the following three conditions: * I dropped out of college. * I got kicked out of college. * I graduated college. Why stop at dropping out when you can have it all?
how did you get kicked out?