Investor Pays Students $100,000 to Drop Out

This fall, Facebook investor Peter Thiel paid 20 college students $100,000 each to drop out of college and become entrepreneurs, making the bold statement that you don’t need a college degree to find success. Thiel, who began this experiment last year with 24 different students, is a strong proponent of an emerging thought that questions the inherent value of college in a changing economy.