[vph]

>Incorrect, a bunch of students with failed/successful experience is better than a bunch of students who go to college, because they were "suppose" to.

Not all college students attended college because they are "supposed to". Even for those who attend college because they are "supposed to", it is arguable that they will end up being better than choosing not to go to college. If someone has no idea what he wants to do in life, it's arguable that going to college is better than not going to.

The truth is that people like Bill Gates, Steve Jobs, Mark Zuckerberg are rare. Most people need a formal education. It's arrogant to think that you can design better alternative than an educational framework that has existed for years to educate the mass.

The Thiel's model works well for a small number of bright youngsters, who might exceed their potentials through a customized training program, instead of going to college to have an off-the-shelf training program. If more and more people drop out of college, or even skip college to do this, it's going to blow up in his face.

[gersh]

Bill Gates, Mark Zuckerberg, and Steve Jobs all attended college. They just didn't finish. Yet, I think they all derived some value from the time they spent in college.

[randomdata]

> Most people need a formal education.

Education is valuable for many reasons, but need is a pretty strong word. Larry Page and Sergey Brin probably wouldn't have become who they are without their education, but they are rare exceptions on the other end of the spectrum.

Does the average person destined to work at an average job at an average company for average pay really need one?