PayPal co-founder Peter Thiel is worth billions of dollars thanks to investments in companies like Facebook. As a graduate of Stanford law, you'd think he'd encourage others to follow in his footsteps and go to college.
No, he actually pays people not to go to college. His fellowship pays 20 young adults, $100,000 each to pursue their interests instead of going to school.
In an interview with CNN's Erin Burnett, Thiel explains why college isn't for everyone.