Nate TilleyCo-Founder, ROAS · Direct Response Expert

The Billionaire that pays students to DROP OUT OF SCHOOL!

Name: The Billionaire that pays students to DROP OUT OF SCHOOL!
Uploaded: 2024-02-21T17:00:39+00:00
Duration: 57 s
Channel: Nate Tilley
Description: YouTube video/transcript by Nate Tilley describing Peter Thiel's Thiel Fellowship, which offers $100,000 to students to drop out of college and start…

21 Feb 2024 · 1 min

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0:57

YouTube video/transcript by Nate Tilley describing Peter Thiel's Thiel Fellowship, which offers $100,000 to students to drop out of college and start startups. The speaker links the Fellowship to Silicon Valley success, cites large aggregate funding figures and systemic pressures on higher education costs and student debt, and questions the current value of a college degree.

Questions this video answers

$100,000

Over $250 billion (collective)

Eight times faster

$1.4 trillion

Chapters

Why does this billionaire pay students $100,000 to drop out of college? Peter Thiel is the billionaire who co founded PayPal along with Elon Musk. And he's also the first outside investor in Facebook. He's paying young people $100,000 to drop out of university to start a startup rather than sit in a classroom. It's called the Thiel Fellowship. Despite its controversy, it is responsible for generating multiple Silicon Valley giants. The Fellowship has collectively over $250 billion. The price of college is increasing eight times faster than wages and student loans account for $1.4 trillion of US household debt. And recently, all the big tech firms have just removed the requirement of a college education. What do you think? Do you think that in today's day and age, a college degree is worth it? Because I know that I don't.