Billionaire says: College Isn't Worth It!

Billionaire Peter Thiel becomes a hero to me when I hear of his diagnosis for society: Drop out of college. It isn't worth it anymore.
He's a cofounder of PayPal and he was Facebook's first outside investor.
He is now worth over a billion dollars.

 "Peter Thiel doesn’t say that everyone should drop out of college, merely that higher education is “overvalued,” adding that there is a “price escalation without incredible improvement in the product.” Combined with his notion that university is something people just “have to do”, Thiel is challenging the status quo, and shining light on success stories of people like Microsoft’s Bill Gates, Facebook’s Mark Zuckerberg, and Twitter’s Evan Williams — all drop-outs who became billionaires in the technology industry."




He states that in America, we have racked up a Trillion dollars in student loan debt. This debt doesn't help the student (upon graduation only 50% of college graduates actually get a job in their field) and it doesn't help the economy (taxpayers have to pay for the trillion!).


He also states that there are many vocational careers that pay as well as a long, expensive college career.
"Today a plumber makes as much as a doctor." Thiel expresses.
I'm drawn to think of yoga instructors who make 40-70 thousand dollars a year.


He started the Thiel foundation which sponsors young entrepreneurs with grants of 100,000 dollars each, if the student will agree to drop out of college... 

They express their inventions or business ventures that would create a great need in society and help it function better.

He goes on the premise that you can nowadays 'get a degree but not an education.'

I've actually learned more by visiting the library twice a week and reading up to one book every three days.
I now know more on: Finances, Human nature, Positive thinking, and history than I have ever learned in school.
School doesn't teach you how to open your own business, it doesn't teach you tax breaks, it doesn't teach you how to deal with customers and it certainly doesn't teach you how to harness the power in your mind.


http://www.forbes.com/profile/peter-thiel/ 


The best thing Thiel said was "I don't care if people think this is 'shocking.' What I care about is 'is this going to make the world a better place?'"


Moral courage in a billionaire.


He is also a Libertarian. Meaning he likes little government interference and believes we can govern ourselves if we use our morals. He endorses Ron Paul for president.


http://landmarkreport.com/andrew/2011/05/billionaire-peter-theil-offers-grants-to-college-drop-outs




























After all, don't you feel free?
Don't you feel like you have your own ideas to entertain and that what's on the television doesn't even come close to what's inside of your heart?
The only way for us to really become free and happy is to entertain our dreams.
That's why I like people who denounce social norms. Especially people who are so megarich who would have way more benefit investing in schools like Stanford and collecting millions of dollars, knowing people are miserable, and  just keep saying 'School is the best place for you!'
That's how it works mostly in society. Isn't it?
People like Wal-Mart play ads everywhere all the time to say "You're not enough! You need drugs. You need shitty products. You. need. to. hand. over. your. money. to. me. !"
So it means a lot when a huge billionaire like Peter Thiel and Steve Jobs get up and say "NO you don't NEED that! You'll be ok doing whatever you want to do, as long as it is something that helps the world!!"