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Rich guy pays smart kids to NOT go to college.

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posted on May, 30 2011 @ 08:55 PM
What do you know, the new advanced search engine fails AGAIN.

A rich tech mogul believes that a college education is not all the media has hyped it up to be and is putting his money where his mouth is; he is paying bright young kids under 20 to not go to college so they won't become wage slaves.

Tech mogul pays bright minds not to go to college

Instead of paying attention in high school, Nick Cammarata preferred to read books on whatever interested him. He also has a gift for coding that got him into Carnegie Mellon University's esteemed computer science program despite his grades.

But the 18-year-old programmer won't be going to college this fall. Or maybe ever.

Cammarata is one of two dozen winners of a scholarship just awarded by San Francisco tech tycoon Peter Thiel that comes with a unique catch: The recipients are being paid not to go to college.

Instead, these teenagers and 20-year-olds are getting $100,000 each to chase their entrepreneurial dreams for the next two years.

"It seems like the perfect point in our lives to pursue this kind of project," says Cammarata of Newburyport, Mass., who along with 17-year-old David Merfield will be working on software to upend the standard approach to teaching in high school classrooms.

Merfield, the valedictorian of his Princeton, N.J., high school class, is turning down a chance to go to Princeton University to take the fellowship.

Thiel himself hand-picked the winners based on the potential of their proposed projects to change the world.

All the proposals have a high technology angle but otherwise span many disciplines.

One winner wants to create a mobile banking system for the developing world. Another is working to create cheaper biofuels. One wants to build robots that can help out around the house.

AP story

There are many who believe that a college education is no longer the ticket to success that it used to be and that the high prices for a college education turn students into wage slaves for the rest of their lives. This tech mogul is putting the education system to the test by sponsoring some highly intelligent and entrepreneurial kids to go directly into the work force to follow their dreams.

I wonder if he was inspired by this vid from NIA:

Related thread:

edit on 5/30/11 by FortAnthem because:

posted on May, 30 2011 @ 08:57 PM

posted on May, 30 2011 @ 09:02 PM
From what I know about college, everything is subjective.
A third of what I learned what disinfo and the college system ruins the talent of being autodidact.

Just shut up and repeat what they say word for word without trying to understand the essence.
This is the best way to get good grades and have references for jobs.

Wow I wished I had that kind of opportunity instead of wasting years in college to get out with a job that I could have learned in a month.
edit on 30-5-2011 by User8911 because: (no reason given)

posted on May, 30 2011 @ 09:03 PM
Please add any comments to the existing thread found here...

Thread closed.

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