SAN JOSE, California (USANN4)–Twenty-four talented college students are getting rewarded for leaving school. Peter Thiel (pron. TEEL), a co-founder of PayPal, will pay each of the 24 winners of his Thiel Fellowship $100,000. They get the money if they don’t attend college for two years, and instead develop business ideas.
The students, all age 20 or younger, currently attend prestigious schools such as Harvard, MIT, and Stanford. They leave to work with a network of Silicon Valley mentors. The fellows will further develop their ideas in areas such as biotechnology, education, and energy.
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Preceding provided by USA News Network 4