Thiel and you probably seem to think that colleges are like vocational schools. Quite the contrary. How often do you hear someone say something along the lines

Thiel and you probably seem to think that colleges are like vocational schools. Quite the contrary. How often do you hear someone say something along the lines of "I'm going to school to get a good job"? If the majority of students actually believed it was just a life-improving experience with no expectations about future employment opportunities, there would be no problem. The reality is that most people do consider college to be essentially a vocational school and Thiel is working to put a stop to that mentality. The fact is that if you only want a good job, there are much better avenues for finding that. Thiel is using his own money to demonstrate, to at least some students, that point. Again, if there were no expectations about employment in the process, the $100K wouldn't be all that interesting to the perspective student anyway because a "well-founded" life would be the goal, not money. The fact that so many are keen to join his team speaks to the vocational-based mentality around the idea of college that has come to be.