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Tech Billionaire’s Right, More Kids Should Drop Out Of College

In any case, it has become increasingly clear that universities are a racket. It suppresses the best and brightest and subordinates their potential to bureaucratic ladders of racial and gender hierarchies. And for others, the vast majority, it's not worth it at all. So it's good news that conservative billionaire Peter Thiel's six-figure offer to skip college is “more popular than ever.”

Thiel made his fortune as a co-founder of PayPal with Elon Musk. He also benefited from being an early investor in Facebook. But ideologically, he stands out among Silicon Valley's ultra-wealthy tech fraternity. With a combination of iconoclastic political beliefs that are part libertarian, part nationalist, and align well with America First policies, he remains a pro-Trump conservative mega-donor and activist. . Therefore, it is no exaggeration to say that he is not the type to avoid risks in favor of respectable customs and orthodoxy.

This helps explain his “Teal Fellowship,” which has been going on since 2010. Given the “Instead of sitting in a classroom, we're giving away $100,000 to young people who want to create something new.” He plans to announce new fellows. Wall Street Journal (WSJ).

As part of the two-year fellowship, students choose to drop out or drop out of university and instead focus on innovation while enjoying funding, mentoring and networking opportunities from Thiel. So far, 271 young people have taken the program and pioneered new areas of industry, from cryptocurrencies and AI to medical research and environmental protection, WSJ reported. The fellowship's guiding philosophy is that “young people can succeed by thinking for themselves, rather than following traditional paths or competing in old career paths.”

And this is exactly what these “old career trajectory” guardians feel so threatened by.teal faced criticism He holds a law degree from Stanford University and is known for his early advocacy of “techno-utopianism” and his hypocritical attitude toward education.Former Harvard University President Larry Summers called The fellowship is “the most misguided philanthropy of the last decade.”But what critics really fear is that Thiel right. Even if the fellowship works, it will discredit them, the philosophy on which their careers are based, the system they control, and all the ties and influence it brings.

But activist billionaires need not fear undermining their credibility and legitimacy. They managed to do it themselves.

Decades ago, college was a place to learn for the sake of learning. Knowledge, discovery, and critical thinking have been the main goals of higher education. Qualifications and job skills were an afterthought. After the Supreme Court ruled in 1971 that IQ tests in hiring were unconstitutional, universities increasingly became agents. There is no doubt that if you go to a top school, you are considered the best and brightest person. But now schools that ostensibly cater to the best and brightest are concerned above all with respecting progressive orthodoxy. Even if someone else performs better at the Oppression Olympics, their talent, skill, and ability mean little.

Gifted students navigate a complex web of (often conflicting) societal values, diversity training programs, and identity hierarchies if they want to achieve something in their core field. You have to waste your time and energy. And they have to be prepared to do it all over again once they enter the workforce. That's if they even get in in the first place, given the prevalence of race-based admissions systems. As the recent twin scandals of plagiarism and anti-Semitism on top university campuses demonstrate, higher education is a shadow of its former self. (Related: New Release: “Poisoned Ivies” | Watch Now)

The success of Mr. Thiel's fellowship shows that the culture is changing. High-achieving young people have been drilled from birth that earning an elite degree is the most important indicator of success. As the celebrity college admissions fraud scandal has shown, wealthy parents will do anything to get their children into top schools. But as more kids than ever prepare to leave college, they are showing they are no longer buying the credential lies of higher education gatekeepers.

And they're right. Universities no longer have anything to offer truly talented students. Those who have the vision and skills to succeed without it should do so.

But for others, university is still perceived as an essential step on the ladder to a stable middle-class life. Get a degree, get a good job, buy a home, start a family, and retire peacefully at 65—these are the lies we're still being told, and we find ourselves believing them less and less each day. It has become. A new study by the Burning Glass Institute shows that majority (52%) of college graduates start out underemployed in jobs that don't require a degree. To make matters worse, many of them may remain there for 10 years after graduation. Even 10 years after leaving school, a whopping 45% of college graduates are still employed in jobs that don't require a degree, a study has found. Wouldn't these students be better off avoiding all of their college debt and pursuing a career?

America doesn't need any more middle managers, communication consultants, or gender experts who are baristas for life. We need more visionaries to take our country to bold new frontiers, but we also need more truck drivers, electricians, welders, and plumbers to keep our country moving forward. . Universities are not interested in achieving results on either front. So no matter who you are, dropping out of college might be the best thing you ever did.

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