It seems more than a little ironic that someone who disdains college spent so much time (7 years) in one (Stanford). Certainly as a philosophy major Thiel can look back and say that his education didn't contribute much directly to his own success, but generalizing on his very special case is dangerous. (He's a billionaire for God's sake, the odds of anyone reaching that level are infinitesimal no matter how talented, brilliant or lucky they are.) Who knows, perhaps connections he made in undergrad or in law school were critical in the path that brought him his financial success. In any event, many who go to college do so to enrich themselves in an environment populated with similarly motivated people. Philosophy majors, say. And hearing the ridiculous 'higher education is a bubble' meme from someone like Thiel with the financial experience to know better can only be taken as disingenuous.