Today is the last day to apply for the Thiel Fellowship. Also known as the 20 Under 20 Program, the Thiel Fellowship takes young people under the age of 20 who are working on groundbreaking projects — including researching a cure for cancer, launching their own business, or becoming professional poets — and provides them with a mentor and a work experience in the San Francisco Bay Area.
University administrators are the equivalent of subprime mortgage brokers selling you a story that you should go into debt massively, that it’s not a consumption decision, it’s an investment decision. Actually, no, it’s a bad consumption decision. Most colleges are four-year parties. — Peter Thiel
The Fellowship is sponsored by the Thiel Foundation, headed up by PayPal Cofounder and venture capitalist Peter Thiel. Thiel, an outspoken critic of higher education’s assembly-line treatment of bright young people, wants to provide an outlet through which entrepreneurial young people can achieve success in their projects without having to put them on hold for a couple years.
Take a few minutes and apply — who knows, you may actually get in!