Peter Thiel, the co-founder of PayPal is offering 20 students up to $100,000 top stop school to focus on their business ideas. Thiel says that if the students choose to complete school, they can go back at a later time. The number one reason for Thiel's decision? He doesn't believe students are learning much from higher education and they are not being prepared well enough. Because students are not willing to risk the financial aspects of starting their own business their are more willing to choose a "safe job" over their own projects.
I thought this article was interesting overall because it let me see that people other than educators are taking notice of the education problem that exists today. Students are so worried about their futures that they are willing to take the safe job because it provides a steady income but because of this, their dreams are flying out of the window. I'm interested to see which students are chosen for this project and see what they come up with.
from Education Change
PayPal Co-Founder: I'll Give $100,000 To Teens Who Drop Out Of School
Fascinating idea!
ReplyDeleteDr. Burgos