It may not be an accredited institution, but Thiel is basically starting his own school and offering transfers, not telling people to drop out. I find it similar to Seth Godin's "MBA" program.
An education has 3 valuable components: the people it lets you meet, the experiences you get to have, and the story it lets you tell about yourself to future listeners. If you're not going down the path of a formal education, you still have to make sure you cover these bases.
An education has 3 valuable components: the people it lets you meet, the experiences you get to have, and the story it lets you tell about yourself to future listeners. If you're not going down the path of a formal education, you still have to make sure you cover these bases.