Thiel's Fellowship is somewhat based on that idea, a scholarship for NOT going to college. I still think college has value, but the costs have been increasing

Thiel's Fellowship is somewhat based on that idea, a scholarship for NOT going to college. I still think college has value, but the costs have been increasing much faster then inflation, while the value has been declining due to the systemic efficiencies of acquiring knowledge in the information age. Together these are making the value proposition worse and worse. I can't judge anyone for wanting to skip college. There is a lot more we can be doing as a society to encourage entrepreneurship. It would be nice if in the future we could let our children use 429 college savings plans for angel/seed funding instead of educational expenses. Especially if tuition becomes free in the next 10-20 years anyway.