Peter Thiel Bets $2.4 Million Against the Value of a College Degree
May 26, 2011 by Attending Colleges
Filed under college movie
Peter Thiel Bets $2.4 Million Against the Value of a College Degree
I believe you have a bubble whenever you have something that’s overvalued and intensely believed… In education, you have this clear price escalation without incredible improvement in the product. At the same time you have this incredible intensity of belief that this is what people have to do. In that way it seems very similar in some ways to the housing bubble and the tech bubble.
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