The message of my book that colleges are charging too much for too little education seems to be gaining some traction, at least with the co-founder of PayPal, who is paying $100,000 each to 24 students to skip college and develop their ideas on their own.
Peter Thiel understands that higher education is a “bubble” where students ruin their financial futures by going deeply into debt to purchase an empty diploma, while not learning anything that will help them live their lives. He is offering an alternate route. And you can read more about the program here.
As far as I know, this is the first time this idea has been tried and I hope it will catch on. Parents seem to be locked into the idea that not sending your kid to college is a form of child abuse, even though study after study has shown that the majority of college students are disengaged from learning or don’t learn very much during their six years of very expensive classes. Half of the entering freshmen drop out before graduation, the rate of student loan defaults is on the rise and classes have become playgrounds where minimal work earns top grades.
The question then becomes why go to college at all? Until now there has not been a real alternative. Thiel’s imprimatur on the student’s record will certainly be more valuable than any diploma when it comes to jobs and instead of forcing the student into debt, Thiel’s graduates will start out in the black. It’s a great idea and we should all take a good look at it as an alternative to the ripoff palaces that American higher education provides.
LOL, I have to say the on the web dating or electronic dating has come a hell of a way from the days of basic chat rooms. Far more and far more individuals are turning to online dating web sites to display possible dates.
Making a Great personal ad – Show who you really are – If you have a terrific sense of humour, don’t just tell individuals that you’re funny prove it inside your ad. Be realistic. Most people do not appear like film stars, most of whom don’t look so good in genuine life either. So manage your expectations on what the individual you are going to meet on the web is going to appear like.